Business has warned that a last-minute change to the
bill means businesses will be forced to disclose confidential information on
employees, and commercially-sensitive details of licensing agreements and joint
Leading business leaders are to meet industry minister
Hodge next Monday to ‘demand some answers’ on the last-minute change
introduced by government last week, just before the bill could be rushed through
parliament, the Financial Times reported.
Although the new measure is designed to force businesses to disclose
information about their supply chains, the
of British Industries and Institute of Directors warned that the wording is
so vague, it could force companies to reveal information that may be potentially
commercially and legally sensitive.
The DTI has said it will be happy to talk to business about its concerns.
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"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
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
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