The Prime Minister is under pressure to introduce a windfall tax on the
profits of energy companies. The proposal is thought to have resulted in
significant discord among Gordon Brown’s administration, with as many as 70
party members signing a petition calling for the tax.
It is believed Brown is more in favour of increasing payments made on
pollution permits issued under the European Union carbon-trading scheme.
Ministers began breaking ranks with Brown after bids to explore initiatives
in helping some of the UK’s poorest failed. The initiative he’s set to endorse
will form part of an autumn policy relaunch.
A £2.75bn drive to make low-income family homes more energy efficient has
also been considered.
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
MHA MacIntyre Hudson has partnered with cloud accounting software provider Xero ahead of the government’s requirement for digital records
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...