Brown’s imminent Comprehensive
Spending Review has set out a 2% increase in spending growth but the CBI has
called for this to be limited to a 1.6% increase, believing that this would
allow for £8bn-worth of tax cuts.
The CBI recommended that corporates should be afforded the reliefs, and
warned that if the cuts to the spending plans were not made, the tax burden
could rise to crippling levels.
Ian McCafferty, the CBI’s chief economic adviser said: ‘For the CSR to be
credible it must rigorously prioritise its objectives to make the most of its
limited resources, while boosting the quantity and quality of services through a
radical transformation of the way public services are commissioned and
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