Original URL: http://www.theregister.co.uk/2000/03/22/marks_out_of_ten/

Marks out of ten for the Chancellor

We revisit PwC's ten Budget tips and see how they stand now

By Sean Fleming

Posted in Business, 22nd March 2000 12:16 GMT

Earlier this week The Register published PricewaterhouseCoopers' (PwC) Ten Top Tips for the Chancellor ahead of yesterday's Budget. There was lots of talk in the wake of Gordon Brown's speech of the boost to the UK e-conomy, but just how did it stand up against PwC's list of recommendations? Ian McDade, tax partner at the PwC technology group, talked to The Register today to award the Chancellor marks out of ten. Out of the list of ten, the Chancellor scored a paltry four from McDade, who described yesterday's speech as: "An interesting Budget." Singled out as the "biggest disappointment of the Budget", the failure to deal positively with the issue of employers' liability on national insurance contributions. "There had been a lot of lobbying on this issue," McDade said. "All that was said though is that there will be consultation on this issue. This will continue to be a major problem for IT companies." Out of PwC's list of ten recommendations, the following were put forward in the Budget: