The state of UK public finances could force Gordon Brown to raise taxes,
according to the Ernst & Young ITEM club’s latest forecast, which will be
The report will say that due to rising energy bills, the economy is growing
at modest growth and interest rates did not need to keep inflation under
Peter Spencer, ITEM’s chief economic adviser, said the second half of the
year would not nearly be as strong as the first half.
‘The rise in energy prices, by squeezing incomes, will end up being
disinflationary, as it will in America. That is why the Bank will not need to
raise rates,’ he explained.
Taxman lines up early exit from doomed Concentrix tax credits deal, as HMRC faces intense scrutiny from MPs
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
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
HMRC has won its tenth successive case against tax avoidance schemes promoted by NT Advisors. The Court of Appeal has ruled that NT ... read more