A Conservative government would transfer powers to cut excise, stamp and fuel
duty to Holyrood as part of a new proposal for partial fiscal autonomy.
According to The Scotsman, senior figures in the party, are in
favour of various taxes being devolved, with the assumption that they would then
be cut in Scotland.
Under Tory plans this would help stimulate growth, attract business investment
and giving Scots more money of their own to spend.
However, there are concerns that such a plan will clash with Tory leader
David Cameron’s recent high-profile commitment not to offer tax cuts at this
Granting autonomy to Scotland on these three taxes is based on the fact that
they are easy to identify, are paid by individuals and companies at specific
geographic locations and are relatively uncomplicated to collect.
Making Tax Digital will impose significant additional tax compliance costs on small businesses for little or no medium term benefit, tax and small business experts told MPs
MHA MacIntyre Hudson has partnered with cloud accounting software provider Xero ahead of the government’s requirement for digital records
The drive towards a fully digital tax regime is an admirable one, but mandation is simply wrong, according to one of the UK's most senior tax technology practitioners - Paul Aplin
Does Darwin's theory apply to taxation? Colin ponders...