The construction industry scheme could cost ten times more than Treasury
estimates, the ICAEW has warned.
The costs of the scheme, which is designed to be cheaper than current
arrangements, could hit £250m-£280m a year, the institute says.
The Treasury thinks it will cost businesses only £22m a year. The scheme
comes into effect this year, after being
delayed a year ago due to
Does Darwin's theory apply to taxation? Colin ponders...
The UK tax gap fell in 2014-15 to its lowest-ever level of 6.5%, revealed official statistics published today
Changes to the tax system is urged to support the growth of entrepreneurs, found a report from the Grant Thornton UK, the Institute of Directors, and the Prelude Group
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states