Cuts to personal and corporate taxes have been promised by Tory shadow
chancellor George Osborne, who yesterday pledged to add the cuts to earlier
guarantees of changes to IHT and non-doms.
The Times reports that Tories will place the cuts at the centre of
any Autumn election campaign.
The party says personal tax cuts will be funded by revenue raised from green
and environmental taxes. The business tax package will see cuts funded by cost
savings from simplifying the system.
The proposed cuts come as the chances of an early election and pre-Budget
report look ever more likely.
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
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
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