Tax revenues are set to fall far short of Gordon Brown’s hopes, according to
the international economic forecaster the OECD.
The shortfalls could lead to the chancellor having to raise taxes sharply,
the body said.
The warning, ahead of Monday’s pre-Budget report, is more doom and gloom for
the chancellor, who faces continual criticism for the £10bn black hole in the
UK’s accounts, and will raise fears that he could move to raise revenues in one
way or another when he stands up on Monday.
"The whole idea of HMRC officials supplying confidential information about individuals to the media on a non-attributable basis is, or should be, a matter of serious concern," say Supreme Court judges
UK-based non-doms have paid ten times more tax than the average taxpayer, raising concerns over the Brexit impact on non-dom contributions and therefore, the economy
A senior MP has questioned the impact of HMRC’s decision to undertake yet another radical overhaul of its internal structure
The Apple Tax situation; Accountants replaced by robots; and The Accountancy Age Top 50+50; all discussed by head of editorial Kevin Reed