Here we are again - having eagerly awaited the 2011 budget - it finally arrived and it's no surprise we remain slightly deflated, it's a budget based on keeping the accountants busy and SME's none the wiser. We realise the budget doesn't help businesses much during this bad economic period and once again assists in helping the rich get richer and leave us normal folk in the rat race behind. There was one area of the budget that was devised to fool the averse budget reader and bring a sense of clarity and a "what a joke" mumble from the avid budget reader.
Although we thought "brilliant £200 better off a year - better than nothing I suppose as in this climate every penny helps?" our small celebration was short lived as they have also decided to increase the national insurance rates by 1%. If one does the calculations - forgive me if I'm wrong but don't we pretty much remain as we currently are?! I surprise myself that I'm even surprised - after all what did we really expect from the government?
But, I am somehow once again perplexed by the governments? decision and just cannot comprehend this illogical 2011 budget offering. Maybe next year eh!
Henry Ejdelbaum
