Britain has faced renewed pressure to agree to the EU’s minimum witholding tax on non-resident savings from members states finance ministers’ meeting in Brussels today. The ministers insisted it was essential to reach a deal by the end of June. The plan has been condemned by chancellor Gordon Brown as a threat to jobs in the City of London if the move hits the vital eurobond market. The UK’s continued objections to the plans have led to calls from other EU countries that the UK be deprived of its veto on EU tax measures.
Report argues that the government must change the way it makes tax and budget decisions
Drastically fewer offices for HMRC in the hope to reduce their running costs
Tayabali Tomlin and d&t directors launch £20 a month TaxGo service, aiming to be the 'biggest UK firm' by client numbers
Companies must report on their complex financial structures including offshore accounts and notify HMRC