UK businesses are to get tax credits worth £400m to boost spending on research and development.It is hoped the measure will improve the innovation and competitiveness of the UK in an increasingly tough market.In line with his pre-budget statement, the Chancellor said the tax credits will be available to 1,500 businesses collectively spending over £11bn a year on R&D. It is an extension of a scheme introduced for small and medium sized firms in 2000.
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