Boris Johnson has attacked the government’s plans to tax bank bonuses and
warned it risked damaging London’s competitiveness.
In a letter to chancellor Alistair Darling, the London mayor argued that the
move to tax bonuses over £25,000 at 50%, along with the raising of the top rate
of income tax to 50%, was “ill-judged”.
“You have made unilateral changes to taxation the risk damaging London’s
competitiveness and its status, alongside New York, as the world’s leading
financial services centre,” he wrote.
Telegraph reported that he has requested an urgent meeting with Darling
to discuss “the damage done to perceptions of London as a global financial
Crowe Clark Whitehill , the top 20 accountancy firm, has announced the promotion of Chris Mould to partner
The latest opinions from Accountancy Age on Making Tax Digital, and outline plans to evolve the UK's corporate governance regime
Five million taxpayers are ow using digital personal tax accounts (PTA) as part of the making tax digital strategy, HMRC said
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