Taxes should be cut rather than spending or risk another recession, according
to former Monetary Policy Committee member David Blanchflower.
Blanchflower said the coalition government must offer workers a “tax holiday
” to encourage spending and growth, he wrote in an opinion piece
“Cutting public spending and raising taxes at this point in the cycle is
inevitably going to lower economic growth and raise the number of jobless. It’s
that simple,” said Blachflower.
He also wants national insurance contributions cut to 5% for two years ”
HMRC has outlined a change in VAT policy to the treatment of dwellings that have been formed from either the construction of new buildings, or from the conversion of non-residential buildings
Let us hope that valuable asset protection vehicles are not made prohibitively burdensome or abolished in the desire to “simplify” IHT
Freelancers and micro-businesses still need more information about the government’s plans to make tax digital
The government is pressing ahead with changes to the way it taxes individuals with a foreign domicile