The head of tax at Ernst & Young Aidan O’Carroll has described Gordon
Brown’s budget speech as ‘long on rhetoric’ but short on detail.
‘By tinkering at the edge of the system without giving to or taking from any
specific group, the chancellor was able to talk about every sector of the
community without jeopardising the public purse,’ said O’Carroll.
O’Carroll added that Brown spoke about global competitiveness without doing
anything to simplify the tax regime.
He added that the REITs scheme would be ‘revenue neutral at worst’ and
probably raise money for the Treasury.
"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
UK-based non-doms have paid ten times more tax than the average taxpayer, raising concerns over the Brexit impact on non-dom contributions and therefore, the economy
A senior MP has questioned the impact of HMRC’s decision to undertake yet another radical overhaul of its internal structure
The Apple Tax situation; Accountants replaced by robots; and The Accountancy Age Top 50+50; all discussed by head of editorial Kevin Reed