The US Congress should pass a six-month payroll tax holiday as part of any
economic stimulus package being considered over the next weeks, the National
Federation of Independent Business has said.
A survey by the small business group found that small business owners are
feeling the impact of the current economic recession, finance newswire WebCPA
Half of those surveyed reported falling profits.
Eliminating the 6.2% payroll tax on employer would decrease the cost of labor
and would help employers keep people working during this period of slowing
economic growth, the NFB said.
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
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...
"The whole idea of HMRC officials supplying confidential information about individuals to the media on a non-attributable basis is, or should be, a matter of serious concern," say Supreme Court judges