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.
With Article 50 triggered, businesses are aware that they need to plan for all eventualities. Robert Facer of Menzies asks 'how hard is a hard Brexit?'
Speaking in the House of Commons minutes after triggering Article 50, prime minister Theresa May said that it was a 'historic moment from which there can be no turning back'
MTD represents 'the single most significant change to the UK’s system of taxation in recent times', says Knill James partner Nick Rawson. So, how prepared are SMEs for digital tax reporting?
Legislation on the NICs changes to be brought forward in the autumn following publication of 'the full effects of the changes to Class 2 and Class 4' in the summer