The Treasury’s commercial secretary has suggested corporation tax cuts
promised by the coalition government will be spread over the five-year term of
the current parliament.
Speaking in the House of Lords, Lord Sassoon repeated the government’s
commitment to “lower, simpler and more predictable taxes,” which includes a
reduction in corporation tax from 28% to 25%,
Lord Sassoon said that the emergency budget on 22 June would include a
roadmap, setting out the government’s plans to reform and reduce the tax over
the five-year term and to make the tax rate the most competitive of all
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
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
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states