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TAX POLICY


John Whiting, Tax Director of the Office of Tax Simplification, gives an update on the progress of the OTS’s work – and asks for your input.

Small businesses are ‘tomorrow’s Dysons and Microsofts’ and they need government support ‘as much if not more than the big businesses that have already made it’, ICAEW Chief Executive Michael Izza has said.

Barclays has voluntarily disclosed that its UK corporation tax liability for 2011 was approximately £300m.

‘Stefano Pessina, executive chairman of Alliance Boots, has launched a stinging attack on the climate for big business in the UK, warning that a relentless focus on tax could drive away global corporations ...

HMRC’s  latest Agent Update includes articles on the PAYE Real Time Information pilot, the e-marketplaces campaign and record-keeping apps for small businesses, as well as summaries of tax consultations and other developments.

Clause 3 (personal allowance for 2012/13 for those aged under 65), clause 5 (main rate of corporation tax for financial year 2012) and clause 6 (corporation tax charge and main rate for financial year 2013) of the Finance Bill were agreed by the Public Bill Committee on 26 April.

Tax Justice Network says the current regime for taxing multinationals is ‘not fit for purpose’

Longer legislation written in plain English can be clearer and easier to use, and the length of the legislation does not generally add to complexity, the Office of Tax Simplification has found.

The BBC’s Today programme broadcast an apology to Sir Philip Green this morning, following Monday’s interview with David Cameron in whi

Clause 2 (basic rate limit for 2012/13) of the Finance Bill was agreed yesterday by the Public Bill Committee.

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