Insurance FDs and chief executives have warned that the number of insurance
companies in the UK will fall if the tax system is unchanged over the next five
A survey by the ABI found that 80% of insurance FDs and chiefs expected the
number of companies in the industry based in the UK would fall unless tax rules
chief economist Rebecca Driver stated in a letter to
Telegraph that Lord Turner’s recent comments warning the FSA
to be “wary” about focusing on UK competitiveness as a major aim, was ”
“One way or another we all rely on financial services to help us run our
lives. The availability and quality of the products we need depends on the
sector’s ability to attract capital from around the world,” said Driver.
The ABI recommends reforming the controlled foreign company tax rules, and
introducing a corporation tax exemption for foreign branches, both moves it said
would encourage capital into the UK.
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