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Finance Bill guide- more 'War and Peace' than 'Potter'
When people said that Alistair Darling had a plenty of explaining to do, they weren't joking.....
Last week, as the chancellor released the 2008 Finance Bill, he also hit advisers with a mammoth 1148 pages of Explanatory Notes!
The Treasury warned anyone who dared download the document that it could 'take several minutes to download depending on your network connection'.
The Finance Bill itself was a 417-page killer. Personally, TS limited its reading to the more easily digested lobby notes - a mere 22-pages - but nevertheless found itself clutching for a hot towel and the paracetamol and the obligatory tumbler of single malt whisky halfway through.
Maybe the policy makers should try and present a more succinct assessment next time to keep readers riveted. As one acid-tongued PwC tax partner said in describing the Finance Bill: 'Harry Potter it ain't.'
TS couldn't agree more and that insightful assessment was only four words long – policymakers take note…
April 2, 2008 | Permalink
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