THE PICTURE SHOWS me with the first batch of a little over 2 500 'No to November' protest slips which I then packaged up and handed in to HMRC at 100 Parliament Street last Friday morning. I enclosed a letter to Carolyn Parmeter who is the contact point for responses to the regulatory impact assessment giving her some details from the first responses to our e-mail enclosing a spreadsheet to quantify your estimates of the impact on your practices of the new proposals. Here is part of what I said:
'On average firms expect these changes to increase staff numbers and staff costs by 28% although many of the letters submitted make it clear that these staff might have to be laid off again between November and April. Firms expect to pass on 50% of these costs to clients thus disagreeing with the assumption...
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