A change of direction?

2008 started with gloom in the newspapers about the credit crunch and falling house prices but what effect does this actually have on tax people like us?

Journalists love to hype up the fact that we are going into a recession but when you start speaking to business leaders many have a different story to tell.

Partners who have been speaking to their clients have said that they are not expecting imminent redundancies or even starting to have inklings of this.

Obviously some financial services houses are facing tougher times but with the boom that we have had in recent years isn't it a slight relief for the market to cool a bit?

The general word on the street has been to see how the first quarter of 2008 goes. By being more strategic with the business focus and with recruitment employers are able...