Highlighting the estimated £10bn debt in government coffers, the Conservatives have guaranteed to lower taxes if they return to power.
The tax cuts will be paid for by pruning back government ‘waste and bureaucracy’, they claimed.
Launching an ‘alternative’ Queen’s Speech, leader Michael Howard pledged a reduction in taxes would be central to the party’s plans. The Tories have also pledged to scrap stamp duty for first-time homebuyers spending below £250,000 and exempt all payments for properties less than £120,000.
Does Darwin's theory apply to taxation? Colin ponders...
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
Accountancy watchdog the FRC has dropped its investigation into the former chief financial officer of Tesco, nearly two years after the supermarket was engulfed in an accounting scandal
Colin imagines how Apple's logo might change in the wake of the EC's ruling over its Irish tax arrangements