About £2bn will be raised via a new banking levy charged to large banks,
Chancellor George Osborne has announced in his budget speech.
Osborne said the levy reflects the role banks play in the economy.
He said there will be deductions available for tier 1 capital and for retail
loans. He said the move was supported by French and German governments.
Smaller banks will be exempt from the policy and the measure is expected to
"The whole idea of HMRC officials supplying confidential information about individuals to the media on a non-attributable basis is, or should be, a matter of serious concern," say Supreme Court judges
UK-based non-doms have paid ten times more tax than the average taxpayer, raising concerns over the Brexit impact on non-dom contributions and therefore, the economy
A senior MP has questioned the impact of HMRC’s decision to undertake yet another radical overhaul of its internal structure
The Apple Tax situation; Accountants replaced by robots; and The Accountancy Age Top 50+50; all discussed by head of editorial Kevin Reed