Conservative leader Michael Howard is facing a barrage of questions over his tax cut plans after his shadow cabinet minister John Redwood said the proposed cuts would be ‘just a down payment’.
The Observer reports that Redwood’s promise that there would be more cuts if all went ‘well’ has sparked scepticism about the feasibility of Conservative plans. The Tories have said they will fund a £4bn tax cut by making savings of £35bn across Whitehall.
Vince Cable, Liberal Democrat economic affairs spokesman, was reported as saying that the nobody believed the Tories could achieve the proposed tax cuts.
‘They are making promises they won’t keep with money they haven’t got,’ Cable was quoted as saying.
HMRC has won its tenth successive case against tax avoidance schemes promoted by NT Advisors. The Court of Appeal has ruled that NT ... read more
HMRC is continuing to ramp up the number of raids on premises it carries out as part of criminal investigations, searching 761 properties in the last year
Five million taxpayers are ow using digital personal tax accounts (PTA) as part of the making tax digital strategy, HMRC said
Since the release of HMRC’s plans for digital tax reforms, many have agreed with the call for a delay