The row over Tory plans to reverse the planned increase in National Insurance
contributions continued yesterday when business secretary Peter Mandelson said
it could only be paid for through a rise in VAT.
In a campaign email Mandelson accepted that a rise in NI was not popular but
insisted it was necessary.
Labout believes the Tory commitment to cut back on the rise 1% rise is only
costed for one year, according to
None of the three main parties has yet been explicit about VAT after an
election, expected to be called this morning for 6 May.
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