MAYOR OR LONDON Boris Johnson said he is “unlikely” to put an end to the 50p tax rate in the current climate but warned the City must be able to compete internationally.
Johnson recently said in an interview: “I don’t see any sign of it going soon,” The Telegraph reports.
Adding it was “probably unlikely” that the tax would not be cut in the current climate and that he didn’t “see any sign of it going soon”.
David Cameron said he still regarded the rate as a “temporary measure” but accepted it could not be scrapped until after the 2015 general election.
Making Tax Digital will impose significant additional tax compliance costs on small businesses for little or no medium term benefit, tax and small business experts told MPs
MHA MacIntyre Hudson has partnered with cloud accounting software provider Xero ahead of the government’s requirement for digital records
The drive towards a fully digital tax regime is an admirable one, but mandation is simply wrong, according to one of the UK's most senior tax technology practitioners - Paul Aplin
Does Darwin's theory apply to taxation? Colin ponders...