It is imperative that this Budget does not add to the tax bill facing business, and that it pushes ahead with reducing the administrative burden associated with taxation and regulation.
Our submission highlights the need to support investment and innovation, underlines the seriousness of the energy situation currently facing business and looks forward to the zero-based review of government spending this year.
Though not primarily an issue for this year’s Budget, we also emphasise the importance of introducing a package of pension reforms this year that will address the challenges we face in this area.