Alistair Darling has said the tax on bankers bonuses raised £2bn, twice as
much as expected.
The Chancellor said the UK was right to clamp down on the excessive bonuses
that the banking sector commanded.
He also said the Treasury had received a total of £8bn in fees and charges
from the banking sector after bailing out the banking system.
“Imporoved global financial regulation [of the banking sector] must be the
priority,” he added.
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