IoD Budget Submission 2025
In advance of the Chancellor’s Autumn Statement on 26 November, the Institute of Directors (IoD) has unveiled its Budget submission, outlining a comprehensive set of 42 policy recommendations aimed at restoring fiscal credibility and driving sustainable economic growth.
These recommendations include:
- Give clarity on the next evolution of the fiscal rules and increase the fiscal buffer
- Create a 10-year strategy for benefit reform to improve work incentives and ensure sustainability
- Include income tax in the tax mix, where significant revenue needs to be raised in the short-term
- Improve the tax roadmap for business to deliver stability and reduce burden
- Make sensible reforms to the Employment Rights Bill to preserve jobs
- Accelerate meaningful and responsible technology diffusion, with clear governance
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