Link: Budget special
The new measure is used in Europe and across most of the world, he told the Commons.
Gordon Brown said that the government would stick to a 2.5% target over the coming years and while it has averaged 2.3% over the last year, he forecast it would rise to 2.75% over the remaining quarters of this year.
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