TaxCorporate TaxPBR 06: Brown to bring in billions on tax avoidance crackdown

PBR 06: Brown to bring in billions on tax avoidance crackdown

Composite companies to be hit in tax avoidance crackdown

Measures to hit tax avoidance will bring in billions of pounds for the
government, according to pre-Budget report statistics.

Hitting composite companies, corporates, stamp duty land tax and capital
gains tax avoidance will help the government bring in over £6bn in revenues up
to 2009/2010.

New measure to hit composites will recoup a billion pounds over the next
three years.

Countering corporation tax avoidance will recoup nearly a billion pounds by
2010.

Increasing air passenger duty rates will bring in over £3bn.

More to follow…

Related Articles

Big names, little tax: Airbnb, Facebook, Kellogg’s, eBay

Corporate Tax Big names, little tax: Airbnb, Facebook, Kellogg’s, eBay

2m Alia Shoaib, Reporter
New trading allowance: simplicity, but not as we know it

Administration New trading allowance: simplicity, but not as we know it

2m Emma Rawson, ATT Technical Officer
EU divided over radical tax reforms targeting tech giants

Corporate Tax EU divided over radical tax reforms targeting tech giants

2m Alia Shoaib, Reporter
‘Improve rather than lose’ disincorporation relief, tax body urges

Administration ‘Improve rather than lose’ disincorporation relief, tax body urges

2m Austin Clark, Reporter
How to educate your clients about tax avoidance

Corporate Tax How to educate your clients about tax avoidance

2m Clear Books | Sponsored
CGT clampdown nets HMRC £124m – but could lead to increase in use of avoidance schemes

Corporate Tax CGT clampdown nets HMRC £124m – but could lead to increase in use of avoidance schemes

2m Austin Clark, Reporter
‘Google tax’ nets HMRC £281m

Corporate Tax ‘Google tax’ nets HMRC £281m

3m Emma Smith, Managing Editor
Should I incorporate my buy-to-let business?

Corporate Tax Should I incorporate my buy-to-let business?

4m Emma Rawson