One of the joys of being an Independent Financial Adviser, (and writing a column, such as this) is having to foretell the future. Luckily, having a vaguely psychic ancestor, I am well equipped to deal with such matters. I should say that I am referring to the 2011 Budget day, which, by the time you read this, will be history. My problem is trying to consider the “known knowns” and the “unknown unknowns” (thanks to Donald Rumsfeld), these being the aspects that have been announced already and will come into effect in the new tax year, and the measures announced on the 23 March 2011, unknown to me at the time of writing. The first Budget following an election, furthest from the next trip to the polls, is generally when most of the unpleasant work is done, as Mr Osborne aptly demonstrated.
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