The satirical LBO piece, A Dress to Kill Budget, apart from being very entertaining is quite seriously, best summary of the main thrust of this years budget. They could have added that defined professionals (including accountants, lawyers, accountants, engineers and some academics) were given a tax reduction (to a maximum of 16% compared to the current 24%) and, even better, if they were in practice could be expected to be taxed between 12%-16%.
Truly a budget where benefits were doled out to the richer sections of society. Taxes on food, a staple for this regime went up, the tables below will be of interest to anyone who wants to know by how much these changed. (Source: CT Smith Stockbrokers)