Reports have emerged this morning that David Cameron will cut corporation tax
from 28% to 25% and the small companies rate from 22 to 20%, if the Tories win
the General Election next year.
The report comes from the
online and claims that the measures will be announced today as part of a
Conservative effort to stimulate the economy. Such a change in approach will be
in contrast to statements during the Tory party conference which talked of huge
cuts in public spending.
Gordon Brown is also expected to speak on the economy today and is reported
to be preparing to say that the UK needs to be at the heart of Europe and part
of its growth strategy.
Making Tax Digital will impose significant additional tax compliance costs on small businesses for little or no medium term benefit, tax and small business experts told MPs
MHA MacIntyre Hudson has partnered with cloud accounting software provider Xero ahead of the government’s requirement for digital records
The drive towards a fully digital tax regime is an admirable one, but mandation is simply wrong, according to one of the UK's most senior tax technology practitioners - Paul Aplin
Does Darwin's theory apply to taxation? Colin ponders...