Rickard Luckin reacts to Chancellor's statement

Rickard Luckin reacts to Chancellor's statement

Reacting to the Chancellor’s statement yesterday, Jamie Nice, Head of Tax and Financial Planning at Rickard Luckin, said: “Essex businesses will welcome the Chancellor’s efforts to boost the economy particularly in incentivising them to keep people in jobs and recruit and develop young people. The VAT changes, whilst of course welcome for those in the leisure and hospitality industry, will undoubtedly lead to much confusion and frustration from consumers as savings will not necessarily be passed on due to the complexity of doing so.”

For further insight, go to https://www.rickardluckin.co.uk/news/summer-economic-update%E2%80%93the-key-measures