A Question of Taxing Business

This year's Budget saw the Chancellor use his speech to showcase his credentials for the top job in British politics. His speech was long but not comprehensive and there were significant developments covered in the detailed documentation but not mentioned in the statement itself.

There are many tax issues which are increasingly preoccupying the UK business community. The UK is slipping down the league table of attractive business locations. Business leaders are complaining about the deliberate blurring of the line between tax evasion and tax planning and the complexity of legislation. All this leads to uncertainty and in turn to a lack of incentive for UK businesses to invest. At a...