Private equity has been targeted by Alistair Darling in his pre-Budget
Capital Gains tax breaks will be set at a minimum of 18% by next April, the
chancellor said. Private equity chiefs have enjoyed a tax charge on their
profits as low as 10% in the past.
The chancellor said that he would also be looking at the code of conduct for
private equity, rolling out ‘much-needed steps to increase the transparency and
disclosure’ in the sector.
"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
UK-based non-doms have paid ten times more tax than the average taxpayer, raising concerns over the Brexit impact on non-dom contributions and therefore, the economy
A senior MP has questioned the impact of HMRC’s decision to undertake yet another radical overhaul of its internal structure
The Apple Tax situation; Accountants replaced by robots; and The Accountancy Age Top 50+50; all discussed by head of editorial Kevin Reed