Chancellor Gordon Brown is expected to hit gas-guzzling
cars and air travel with increased taxes in his pre-Budget Report.
Brown is looking to increase the top rate of excise duty for the most
polluting cars, and air passenger duty will also increase, as he looks to show
the public that he is more environmentally friendly than Tory leader
However Brown is not expected to introduce a wide range of penalties to
consumers of travel fuel, reports the FT.
The European Union’s industry minister
Gunter Verheugen has warned against Europe moving faster than the rest of the
world to tackle climate change, saying it could risk its competitiveness.
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