TaxPersonal TaxAgreement on witholding tax by June, EU finance ministers tell UK

Agreement on witholding tax by June, EU finance ministers tell UK

Britain has faced renewed pressure to agree to the EU's minimum witholding tax on non-resident savings from members states' finance ministers meeting in Brussels today.

The ministers insisted it was essential to reach a deal by the end of June.

The plan has been condemned by Chancellor Gordon Brown as a threat to jobs in the City of London if the move hits the vital eurobond market.

The UK’s continued objections to the plans have led to calls from other EU countries that the UK be deprived of its veto on EU tax measures.

EU backs down on witholding tax

Related Articles

HMRC appeal rejected in Tottenham Hotspur case

Administration HMRC appeal rejected in Tottenham Hotspur case

2w Emma Smith, Managing Editor
HMRC urged to clarify impact of income allowances on Self-Assessments

Personal Tax HMRC urged to clarify impact of income allowances on Self-Assessments

2m Alia Shoaib, Reporter
New trading allowance: simplicity, but not as we know it

Administration New trading allowance: simplicity, but not as we know it

2m Emma Rawson, ATT Technical Officer
Wealthy individuals could circumvent top tax rate rises

Personal Tax Wealthy individuals could circumvent top tax rate rises

4m Alia Shoaib, Reporter
Italy grants first successful non-dom status application to former UK non-dom

Personal Tax Italy grants first successful non-dom status application to former UK non-dom

4m Emma Smith, Managing Editor
Industry reaction: Taylor Review does not go far enough in addressing tax issues

Legal Industry reaction: Taylor Review does not go far enough in addressing tax issues

5m Alia Shoaib, Reporter
Does the Taylor Review sufficiently address the gig economy?

Corporate Tax Does the Taylor Review sufficiently address the gig economy?

5m Alia Shoaib, Reporter
HMRC tax evasion assistance requests double in five years

Corporate Tax HMRC tax evasion assistance requests double in five years

5m Emma Smith, Managing Editor