Liberal Democrat leader Nick Clegg wants banks to pay a “premium rate” of
corporation tax as penance for their behaviour in causing the credit crisis.
He believes the banks have acted in an anti-competitive and greedy fashion,
and has instructed Lib Dem Treasury spokesman Vince Cable to look into a
proposal to charge the industry additional tax, according to the
The tax would be in force over several years, rather than being a windfall
tax, was “politically, economically and morally justified” and could help cut
the huge budget deficit.
Report argues that the government must change the way it makes tax and budget decisions
Committee expresses concern about costs to businesses and April 2018 implementation date
Andrew Tyrie airs views on the Finance Bill, 'Making Tax Policy Better' report, and Brexit
Top 25 firm HW Fisher & Co has acquired London firm Rhodes & Rhodes