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KEEPING YOU IN TOUCH - YOUR FREE MONTHLY NEWSPAPER DELIVERED DOOR-TO-DOOR FOR 30 YEARS


MORTGAGE SERVICES LTD Independent Mortgage Advice


Office: 01900 821 713 Mobile: 07713 711 218


Brian Sloan


brian@cumbriamortgages.co.uk www.cumbriamortgages.co.uk


Independent Chartered Surveyors


Buying or Selling residenal property? We have a service to help you


Chartered Architects & Surveyors


www.day-cummins.co.uk dc@day-cummins.co.uk Tel 01900 820700


Unit 4, Lakeland Business Park, Cockermouth, CA13 0QT or


Kendal office 01539 722658


‘Spreadsheet Phil’ Hammond,


THE NO WIN BUDGET the


Chancellor, has in my view an unenviable task in his 22nd November budget. The sort of budget measures needed by the economy are likely to be politically unacceptable, especially to the Brexiteer members of the Cabinet.


The Financial Times has reported that the Foreign Secretary, Boris Johnson, has taken to putting his fingers in his ears when anyone brings him unwelcome news. News such as the UK having the highest inflation rate in Europe. Or, having the third-lowest economic growth rate in the EU despite being consistently in the top three in the two or three years prior to the Brexit vote.


What all of this means is lower investments


CONSIDERED WORDS BY


OAKTREE ACCOUNTANCY


are being made by worried business people, meaning lower tax revenues. So, there is less room for expansive Budget measures, for example putting a credible house building plan forward of the kind our country has not seen in the past fifty years.


As someone helping a lot of people with their tax affairs, I fear these sorts of Budgets


• • • • •


RICS Home Buyers Report and Valuaon RICS Full Building Survey


Valuaons for all non-lending purposes EPC’s (residenal) required when you sell Covering Cumbria and North Lancs


Call 01900 530 175 for a compeve quote 44 Market Place, Cockermouth, CA13 9NG


I will get you a ‘Made to Measure Mortgage’ CUMBRIA INDEPENDENT


9 Main Street, Cockermouth, CA13 9LE


more than most. All too often Chancellors backed into a tight corner come out with some flashy, but more-or-less unworkable, new laws. Red meat tossed to the Brexit dogs in order to keep Phil in his job can end up producing nasty unforeseen consequences.


George Osborne was the master of these kinds of silly tax measures. So much so, that HMRC themselves could not cope. Over 60 generic errors have been identified by HMRC in their own calculations of 2016- 17 tax bills and in most cases – surprise, surprise! – they lead to the taxpayer having a higher tax bill than is legally due. Please, spreadsheet Phil, no more of this nonsense!


Chris MacLeod BOOST YOUR BOTTOM LINE WITH A FIXED PRICE ACCOUNTANT


Proactive, quality accountancy support for your business First Two Months FREE with Oaktree!


Chris MacLeod ICPA INFO@THECOCKERMOUTHPOST.CO.UK


Call Chris for a free chat on07889 181 080or 01900 268 086 www.oakacc.co.uk 16 NOVEMBER 2017 ISSUE 420 PAGE 38


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