aop
ad

UK struggles to duck Tobin tax

by Rose Orlik

More from this author

23 Sep 2011

European commission

A FINANCIAL TRANSACTIONS tax could hit the City of London despite the UK planning to opt out of a Europe-wide plan being mooted in Brussels.

The European Commission is poised to propose a sweeping new regime that would apply to major financial instruments including derivates, bonds, shares and some currency transactions, the Financial Times reports.

Even if the UK opts out it could still be hit by the tax, which would affect traders based in other EU countries.

More to follow.

Visitor comments Add your comment

display:none

Add your comment

We won't publish your address


By submitting a comment you agree to abide by our Terms & Conditions

Your comment will be moderated before publication

Submit

Search thousands of financial jobs:

Information currently unavailable.

Search thousands of financial jobs:

Newsletters

Get the latest financial news sent directly to your inbox

  • Best Practice
  • Business
  • Daily Newsletter
  • Essentials

Careers

Search for jobs
Click to search our database of all the latest accountancy roles

Create a profile
Click to set up your profile and let the best recruiters find you

Jobs by email
Sign up to receive regular updates with the latest roles suitable for you

Briefings

Supplier Statement Reconciliations cover

Supplier statement reconciliations: Manual chore or critical value adding process?

By looking at the reasons supplier statements became unfashionable, and the reasons why it is different today, this paper delves into the many benefits that can be obtained by automating the process.

7 Building Blocks cover

7 building blocks for business growth

Having a real and true view of your organisation’s current financial position, and having the right systems and processes in place, will ensure that you can make strong choices and are ready to capitalise on opportunities