The big increase in the personal allowance and the clampdown on avoidance keep the Coalition together, says David Smith.
So was it a Budget to transform the economy or merely one to hold the Coalition together? Was it as the Chancellor claimed an unashamedly pro-business Budget? The answer to all three questions is probably maybe but you do not have to stretch too far to judge that George Osborne achieved a little bit of all three aims. He did it moreover with no money to play with.
Readers of Tax Journal will be aware that one of my themes in recent months has been that the public finances were looking healthier than the official forecasts suggested and a significant...
