The manufacturers’ group, EEF, is warning that the sector could face the
worst trading conditions in more than three decades unless Chancellor Alistair
Darling increases the number of tax breaks in the 22 April Budget.
The group is pushing for Darling to increase the annual investment allowance
from £50,000 to £250,000, according to
Steve Radley, EEF chief economist, said decisions on capital expenditure that
are delayed or reversed now will ‘have consequences for competitiveness come the
A recent Ernst & Young report revealed 16% of companies in the industrial
engineering sector issued a profit warning in the first quarter of this year.
Does Darwin's theory apply to taxation? Colin ponders...
The UK tax gap fell in 2014-15 to its lowest-ever level of 6.5%, revealed official statistics published today
"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
Changes to the tax system is urged to support the growth of entrepreneurs, found a report from the Grant Thornton UK, the Institute of Directors, and the Prelude Group