Deutsche Bank is planning to smooth out the effects of the government’s sting
on UK banking bonuses among its staff across the globe, claiming it would be
unfair to single out UK employees.
The banking industry has been up in arms about
clampdown which was announced in the pre-Budget report earlier this month.
Deutsche’s CEO Josef Ackermann told the
“If parts are paid out of the bonus pool we would seek to globalize it.
“It would be unfair to treat UK bankers differently.”
HMRC intends to extend the date for withdrawal of transitional relief on investment growth from 30 November 2016 to 31 March 2017
The current business rates system is over-complex and reform is needed, but reforms should focus first of all on simplifying the appeals process, particularly for businesses which are subject to business rates exemption
The CIoT has called on the government to rethink its approach to ensuring online sellers pay the correct amount of VAT.
Jane Ellison to serve as 'tax minister' following ministerial responsibilities for public health. David Gauke become chief secretary to the Treasury