Bus companies receive the tax break in the form of a fuel rebate.
But Byers told the House of Commons yesterday that government needed to see ‘a real return on the level of public support’.According to the FT the government provides almost £1bn annually in subsidies to the bus network, after it was privatised two decades ago.
Does Darwin's theory apply to taxation? Colin ponders...
The UK tax gap fell in 2014-15 to its lowest-ever level of 6.5%, revealed official statistics published today
Changes to the tax system is urged to support the growth of entrepreneurs, found a report from the Grant Thornton UK, the Institute of Directors, and the Prelude Group
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