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.
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
MHA MacIntyre Hudson has partnered with cloud accounting software provider Xero ahead of the government’s requirement for digital records
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
Does Darwin's theory apply to taxation? Colin ponders...