Broking break: Insurance industry counts the cost of Budget
The number crunchers pored over Chancellor George Osborne's Budget. Expert John Needham gives his view.
The devil is in the detail as they say when it comes to any Budget. John, Needham, a partner at PKF Littlejohn LLP, says among those who may be hit hard are insurance intermediaries - particularly groups expanding by acquisition and owner managers who extract profits from their business.
Buying businessesSince 2002, companies buying the assets of a business have been able to claimrelief for the accounting depreciation (amortisation) arising in the computation of profits from the intangible
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