The government is looking to ease the administrative burden for share
transaction tax breaks, in a bid to open up the markets.
Economic secretary to the Treasury Ed Balls announced plans to cut the
reporting of share transactions to the market or intermediaries to benefit from
stamp duty tax relief.
The move is expected to remove obstacles to competition and expand choice in
trading financial instruments in the UK.
The announcement was made during a meeting between Balls and EC internal
market commissioner Charlie McCreevy and European competition commissioner
Does Darwin's theory apply to taxation? Colin ponders...
"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
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
Crowe Clark Whitehill , the top 20 accountancy firm, has announced the promotion of Chris Mould to partner