Those That Can Least Afford It Have Been Hit the Worst ; Emergency Budget

Summary


THE Chancellor's Emergency Budget included one of the toughest economic packages for decades. Here Ruth Dooley, tax partner at Hazlewoods LLP, accountants and business advisers, looks at how it will affect those on low incomes.

THIS week I am trying to survive on benefits which gives me just Pounds 65.45 to spend on all my personal travel, food and drink, entertainment, phone charges, clothing, newspapers, coffee etc.

See the full content of this document

Extract


Those That Can Least Afford It Have Been Hit the Worst ; Emergency Budget

"I am doing this for a local charity, Fredericks Gloucestershire, that provides loan finance to new and struggling businesses.

"In the shops I have been buying the value brands and snapping up any special offers. It is really tough to try and survive on this budget and, despite trying to be as frugal as I can, I will spend the whole allowance and more.

"I have found it impossible to put aside any funds for...

See the full content of this document

Sponsored links




ver las páginas en versión mobile | web

ver las páginas en versión mobile | web

© Copyright 2012, vLex. All Rights Reserved.

Contents in vLex United Kingdom

Explore vLex

For Professionals

For Partners

Company