Treasury preferred a VAT hike rather than a rise in NI, however the
prime minister pushed ahead with his 1% rate increase, according to reports.
Alistair Darling and Peter Mandelson were open to increasing VAT instead of
NI, however Brown and Schools secretary Ed Balls wanted an NI rise.
Times reports that Treasury officials were annoyed that
Darling had failed to insist on a VAT increase.
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