According to one environmental tax expert, it showed that the ‘environment
will always take second place to fiscal policies’.
‘The chancellor could have used this opportunity to incentivise environmental
behaviour,’ said KPMG
partner Frank Sangster.
‘It would have been good to see some money stimulate environmentally friendly
behaviour such as reducing VAT further on environmentally friendly products,
such as energy efficient cars, or taxes that would influence changes in
behaviour,’ he added.
Vehicle Excise Duty was to be changed next year to penalise the highest
carbon emitters in a tax band shake-up. However, the tax increases have now been
‘Essentially, the focus has been on fiscal – not environmental –
sustainability issues. Although this is understandable, it’s a case of looking
at short-term important issues, not long-term important issues,’ Sangster added
campaigners scaled the Bank of England headquarters hours before the pre-Budget
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
"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
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