Alistair Darling is preparing for heated discussions with business groups in
the wake of his capital gains tax hike.
Representatives from the
The British Chambers of Commerce, the Federation of Small Businesses and the
Institute of Directors are preparing for crunch talks later today in efforts to
force the chancellor into a U-turn.
The new 18% flat rate of capital gains tax imposed by Darling caused
widespread anger among business groups because the change stifles entrepeneurs
and smaller businesses looking to cash-in after building up their companies.
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
"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