TaxCorporate TaxCBI supports new tax working party

CBI supports new tax working party

Employers' body keen to help the government create an effective corporate tax system

The
CBI
has backed the government’s decision to set up a working group to look at the
competitiveness of the UK’s corporate tax system.

The government’s announcement yesterday follows hard on the heels of the
high-profile departure of two UK multi-nationals – Shire Pharmaceuticals and
United Business Media – to Ireland for tax residency purposes.

CBI director general, Richard Lambert said: ‘The CBI looks forward to working
as part of the new group to identify a clear, internationally competitive
corporate tax strategy for the UK.’

The employers’ body released a taskforce report last month revealing failure
of the UK tax system to respond to increasingly global business activity which
was creating an unsustainable regime.

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

3m Austin Clark, Reporter
How to educate your clients about tax avoidance

Corporate Tax How to educate your clients about tax avoidance

3m 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

3m 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