Estimates that tax credits cost only £105m to administer are massively under estimated, according to the Tories who are reported to be planning to launch on government today.
The Tories also say administering children’s tax credit will cost business £200m before it is removed in two years.
Industry has protested that tax credits, which are at the centre of the government’s reforms of the benefits systems, are a heavy burden, particularly for small companies.
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