US Senator Chuck Grassley has introduced a Bill aimed at lowering corporate
taxes for SMEs and freeing up working capital.
In passing the Bill, Grassley said the Obama administration is yet to remove
many of the tax burdens faced by this demographic, according to
‘My bill will leave more money in the hands of small business owners so they
can hire more workers, keep paying the salaries of their employees, and make
additional investments that will lead to new jobs.
‘Unfortunately, the White House seems to see a lot of small business owners
as a cash cow for other priorities and wants to raise their taxes. My point is,
if we raise taxes on the one segment of the economy that creates the majority of
new jobs, we’ll be in even worse economic shape than we are now,’ he said.
"The whole idea of HMRC officials supplying confidential information about individuals to the media on a non-attributable basis is, or should be, a matter of serious concern," say Supreme Court judges
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
Government's estimate of a £400m admin saving from Making Tax Digital is way off - and is instead a huge cost burden, warns Lamont Pridmore chief executive Graham Lamont