Business is disenchanted with Gordon Brown’s first year in power as anger
smoulders at the government’s tax increases, but is yet to be convinced David
Cameron is the answer.
A survey by the Federation
of Small Businesses (FSM) of more than 9000 small business owners found an
overwhelming majority of 96% were dissatisfied with the government, the
Financial Times reports.
FSM suggests the broad support from business which Labour once enjoyed,
boosted by a strong economy, was now a historical phenomenon and Brown is judged
to have destroyed that legacy by scrapping the 10% rate of capital gains tax
‘CGT really did fracture relations with business…the government completely
misunderstood what the impact would be,’ David Frost,
British Chambers of
Commerce director-general, said. Martin Temple, chairman of the EEF
manufacturers’ body, cited the increase in taxation as ‘the one big issue on
which business will judge Gordon Brown’.
"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
HMRC has won its tenth successive case against tax avoidance schemes promoted by NT Advisors. The Court of Appeal has ruled that NT ... read more
HMRC is continuing to ramp up the number of raids on premises it carries out as part of criminal investigations, searching 761 properties in the last year
Five million taxpayers are ow using digital personal tax accounts (PTA) as part of the making tax digital strategy, HMRC said