Gordon Brown is to resist pressure from Labour backbenchers to introduce a
windfall tax on energy companies to help poor families cope with rising fuel
The prime minister is working with companies in the energy industry to come
up with a range of initiatives to help the poorest cope with higher gas and
electricity prices and avoid the need for a windfall tax.
Energy groups are said to be co-operating with Brown in order to avoid the
threat of a tax, including investing profits into renewable energy and bidding
for an extra 3% of emissions trading permits, according to the
It is understood that Brown is taking personal charge of the initiative which
will form part of an autumn policy relaunch, with a £2.75bn drive to make
low-income family homes more energy efficient also mentioned
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