BusinessCompany NewsCBI face opposition to lack of tax changes in Scotland

CBI face opposition to lack of tax changes in Scotland

One of the most powerful business men in Scotland said the CBI's Scottish chief is out of touch with members for saying tax powers for Holyrood would fragment the UK system

One of Scotland’ wealthiest businessman, Jim McColl, has accused the CBI of
not properly reflecting the attitudes of business in Scotland.

McColl made the statement yesterday at the launch of a campaign for fiscal
responsibility.

The comments come a day after Iain McMillan, director of CBI Scotland, said
plans to give Holyrood more tax powers would “fragment” the UK system and end up
costing Scottish businesses more the
Hearld
Scotland
reported.

McColl, chairman of Clyde Blowers one of Scotland’s largest manufacturing
companies, said this was the view of McMillan and not of all businesses in
Scotland.

“The CBI has fewer than 10% of business leaders in its membership. How can
you make a statement like that? It is just ridiculously misleading,” he said.

A CBI spokesman said the organisation’s legitimacy was not in doubt adding:
“The reality is that fragmentation of the laws and taxes affecting business
would have costs and risks and could undermine the single market and level
playing field that firms currently benefit from in the UK.

Further reading:

Brazil
and Indonesia win OECD tax backing

SMEs
face double whammy in tax avoidance clampdown

Big
business tax probes 18 times more lucrative than SME action

Related Articles

M&S business rate liabilities based on £570m rateable value

Company News M&S business rate liabilities based on £570m rateable value

4m Emma Smith, Managing Editor
BDO replaces Deloitte as Mitie auditor

Audit BDO replaces Deloitte as Mitie auditor

8m Emma Smith, Managing Editor
CVR Global appoints partner in London office

Company News CVR Global appoints partner in London office

1y Alia Shoaib, Reporter
FTSE100 failing to provide adequate ethics information

Company News FTSE100 failing to provide adequate ethics information

1y Alia Shoaib, Reporter
Moore Stephens recruits new private client partner

Accounting Firms Moore Stephens recruits new private client partner

1y Emma Smith, Managing Editor
Magma Group announces merger, partner promotions

Accounting Firms Magma Group announces merger, partner promotions

1y Emma Smith, Managing Editor
BDO on ‘recruitment spree’ with multiple partner appointments

Accounting Firms BDO on ‘recruitment spree’ with multiple partner appointments

1y Emma Smith, Managing Editor
Brand strength leads to fee income growth for RSM

Accounting Firms Brand strength leads to fee income growth for RSM

1y Emma Smith, Managing Editor