The tax will hit income from non healthcare trading activities such as running a shop or charging for car parking spaces.
Shadow Tory chancellor Oliver Letwin claimed that if all 25 proposed foundation hospitals do as well as Moorfields Hispital, which applied for foundation hospital status last year, it would bring in £4m for the Treasury from 25 foundation trusts.
Does Darwin's theory apply to taxation? Colin ponders...
The UK tax gap fell in 2014-15 to its lowest-ever level of 6.5%, revealed official statistics published today
Changes to the tax system is urged to support the growth of entrepreneurs, found a report from the Grant Thornton UK, the Institute of Directors, and the Prelude Group
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