A row has erupted over Treasury figures that appear to show that a
Conservative policy group’s tax figures would blow a hole in government budgets
and benefit the wealthy.
Civil servants have produced an overtly political analysis of the Tax Reform
Commission tax figures, according to shadow chancellor George Osborne. He made
his complaint to cabinet secretary Gus O’Donnell, saying that the Treasury
analysis produced was not appropriate, reports the FT.
analysis, available on its website, was released from a Freedom of
Information Act request by the Conservatives.
The Conservatives Party has said it would not necessarily follow the
commission’s guidelines for changing the UK’s tax system.
Richard Le Tocq, head of Locate Guernsey, discusses the chancellor’s approach to high net worth individuals, and why relocation is increasingly attractive to HNWIs
MTD represents 'the single most significant change to the UK’s system of taxation in recent times', says Knill James partner Nick Rawson. So, how prepared are SMEs for digital tax reporting?
The firm says that the U-turn 'does not alter the need for a fundamental review of the way we tax work' and that the current tax system is in need of reform
Legislation on the NICs changes to be brought forward in the autumn following publication of 'the full effects of the changes to Class 2 and Class 4' in the summer