Speaking at the launch of the Social Investment Task Force’s report on revitalising Britain’s poorest communities this week, Brown said that in his pre-Budget report the government would propose how investment and venture capital could raise the rate of business creation and growth.
He said: ‘We are prepared to reward enterprise, for example through capital gains tax reform and small business tax incentives, to show that the entrepreneurial culture is open to all.’
The task force’s report set out how £1bn of private finance could be invested in the UK’s most deprived areas.
Report argues that the government must change the way it makes tax and budget decisions
Drastically fewer offices for HMRC in the hope to reduce their running costs
Tayabali Tomlin and d&t directors launch £20 a month TaxGo service, aiming to be the 'biggest UK firm' by client numbers
Companies must report on their complex financial structures including offshore accounts and notify HMRC