Receipts from income tax are 3.1% lower than in January and February last year while corporation tax has dipped 18.9% lower.
Even though the chancellor is juggling a resonably healthy surplus, deficits predicted for future years could be even greater than expected if he goes ahead with planned spending plans.
According to reports in the national press the pressure in on Brown to bring in hefty tax increases as a result.
Does Darwin's theory apply to taxation? Colin ponders...
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
Accountancy watchdog the FRC has dropped its investigation into the former chief financial officer of Tesco, nearly two years after the supermarket was engulfed in an accounting scandal
Colin imagines how Apple's logo might change in the wake of the EC's ruling over its Irish tax arrangements