George Osborne, the shadow chancellor, has promised small business that the
Conservatives would oppose the the tax hike for small businesses.
Osborne said he understood the anger of SMEs, who were incensed by the tax
rate increase from 19% to 22% in last week’s Budget delivered by Gordon Brown.
‘I think we should have a lower and simpler tax system for small firms,’
Osborne told the
Sunday Times .
Overall, the Budget received a mixed reception from business according to a
survey of 70 chief executives by
Of the the respondents, only 9% thought Gordon Brown’s stewardship of the
economy had been poor, while four-fifths said the economy was in good shape.
Most, 71%, felt that they were paying more tax as a result of recent Budgets.
A separate poll conducted by YouGov for KPMG showed
that 47% of business leaders made Britain a better place to do business.
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