LOCAL BUSINESS TO BE GUIDED THROUGH BLEAK BUDGET
13th March 2012
Duncan & Toplis are advising businesses in the county to remain positive despite this month’s Budget predicted to reveal a deficit nearing £5 billion.
The East Midlands firm of accountants and business advisers will lead a series of breakfast briefings aimed at the business community and designed to guide business leaders through George Osborne’s announcement on 21st March.
Duncan & Toplis tax expert Mark Taylor says this professional advice could prove vital for business success, especially if anticipated tax increases and new legislation come to fruition.
“While we won’t know for sure until 21st March, it is likely that a new bill against corporate tax avoidance will be introduced, that the 50p top rate of tax won’t be scrapped and that fuel duty will not be cut,” he said.
“Very few tax breaks are expected this year, but if businesses are well informed they can avoid bearing the brunt of government borrowing,” he said.
Yet it’s not all doom and gloom for businesses in the county according to Christine Newitt despite the Organisation for Economic Co-operation and Development (OECD) forecasting two successive quarters of negative growth for the UK between October 2011 and the end of March 2012.
“Sectors such as agriculture and food exports – traditionally strong in Lincolnshire – are making record profits, and farmland prices in the county have soared. So local businesses should focus on those positives and on the strengths of Lincolnshire,” she said.
The Duncan and Toplis Post Budget Presentations will take place on Thursday 22nd March and Friday 23rd March in the following locations:
Thursday 22nd March 2012
Duncan & Toplis, Spalding Post Budget Presentation (7.15am at the Sage Restaurant, Red Lion Street, Spalding)
Duncan & Toplis, Stamford Chamber Budget breakfast (7.30am at the Crown Hotel Stamford)
Duncan & Toplis, Grantham Post Budget Presentation (4pm at 3 Castlegate, Grantham)
Friday 23rd March 2012
Duncan & Toplis, Sleaford Post Budget Presentation (7.30am at Solo Club, Sleaford with light breakfast)
Duncan & Toplis, Melton Post Budget Presentation (7.30am at the Sysonby Knoll Hotel in Melton Mowbray)
Duncan & Toplis, Lincoln Post Budget Presentation (7.30am at The Coach House, Doddington Hall)
Duncan & Toplis, Boston Post Budget Presentation (8am at Boston West Golf Centre)
About Duncan & Toplis
Duncan & Toplis was established in 1925 and has since grown into one of the largest independent firms of chartered accountants.
The company has 10 offices throughout the East Midlands: in Grantham, Boston, Lincoln, Louth, Melton Mowbray, Newark, Skegness, Sleaford, Spalding and Stamford.
Duncan & Toplis offers a wide range of services to small to large-sized family businesses, from accountancy, audit and tax to payroll, human resources and computer services.
The business employs around 300 staff, of whom 85 are currently engaged in professional training.