A week in America | 1 December 2022
Martin looks at how tax raising powers are changing how and where America goes to work…
tax
Sunak confirms that he has no plan
The introduction of a windfall tax may offer some short-term relief for those hardest hit by energy price hikes – but it is no substitute for an economic strategy. Frank McKenna argues that Rishi Sunak and the government has no clue as how to manage the economy – and is the first Conservative administration to have an aversion to tax cuts.
A windfall tax is no substitute for a long-term plan
The chancellor needs a long term economic strategy – not short-term gimmicks – to get the country’s economy working again, according to DIB boss Frank McKenna.
Time to rethink tax hikes and net zero targets?
The idea of a tax hike and ambitious net zero targets may have looked attractive post-COVID and pre-Christmas. But with the cost of living crisis biting hard, inflation running amok, and Vladimir Putin throwing the world into crisis, Frank McKenna is urging the government to rethink its plans.
Is our Government Conservative?
In his latest blog, Frank McKenna asks: When is the government going to get a Conservative Leader?
Tax relief specialist secures £15.7m for UK businesses in 2021
Tax relief specialist Access2Funding helped UK SMEs claim back a significant £15.7million in R&D tax credits last year.
McKenna Backs Metro Mayor Tax Raising Plan
Liverpool Business leader Frank McKenna has supported plans by Metro Mayor Steve Rotheram to raise a precept in order to deliver his policy priorities over the next twelve months.