Alistair Darling has , but has hit the banking sector with a one-off levy on
any bonus worth more than £25,000 to put £500m back into the UK’s coffers.
He stopped short of hitting the banking sector with a windfall tax, but
issued an ultimatum for them to use profits to build up their capital cushions
or face the heavy tax on bonuses after benefiting from the government’s help.
The banks, not the employees will be responsible for paying.
Crowe Clark Whitehill , the top 20 accountancy firm, has announced the promotion of Chris Mould to partner
The latest opinions from Accountancy Age on Making Tax Digital, and outline plans to evolve the UK's corporate governance regime
Five million taxpayers are ow using digital personal tax accounts (PTA) as part of the making tax digital strategy, HMRC said
UK-based non-doms have paid ten times more tax than the average taxpayer, raising concerns over the Brexit impact on non-dom contributions and therefore, the economy