'Despite Budget disappointments there are some important takeaways'

Finally, it is worth noting that the Treasury has also announced a review of the tax adviser market and, for example, the ability of unregulated accountants and advisers to provide tax advice to the general public.  

While this announcement is purely a consultation, if it does result in a change to the regulations and proper oversight of the tax advisory field, it would help ensure that taxpayers aren’t caught out by unregulated, unqualified and often uninsured cowboy advisers. 

Robert Salter is associate director at Blick Rothenberg