The Australian government is to revise its corporate tax take estimates for
the coming financial year following a $3.3bn (£1.65bn) decline in revenue based
on forecasts just three months ago.
The federal budget was announced by treasurer Wayne Swan yesterday, with the
official budget papers revealing a ‘sharper contraction in corporate profit’,
Corporate investment is expected to weaken sharply following the mining boom
of the past four decades, with an estimated 18.5% drop over the next 12 months.
The Rudd government will almost triple the value of debt securities on issue
to $300.8bn (£150.8bn) over the next four years, including $58bn (£29bn) this
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
"The whole idea of HMRC officials supplying confidential information about individuals to the media on a non-attributable basis is, or should be, a matter of serious concern," say Supreme Court judges
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