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TAX POLICY


‘[George Osborne] described “aggressive” tax avoidance as “morally repugnant”. He was right to do so ... ‘[Cameron and Osborne] need to see through the logic of what they have started.

Setting up a company specifically to avoid tax is ‘aggressive tax avoidance’ and should be distinguished from investment in pensions or genuine start-up businesses, the Prime Minister suggested today.

Coverage in the ‘quality’ newspapers of last week’s well-attended launch of the CBI’s tax campaign appears to have been l

The question whether business pays its ‘fair share’ of tax is a perfectly legitimate one that deserves a good answer, John Cridland said at the launch of a CBI campaign to bring ‘an informed voice’ to the UK business tax debate.

The government will not publish anonymised data on the corporation tax paid by FTSE 100 companies, David Gauke said in Commons written answer this week.

The Committee of the Whole House has concluded its consideration of the Bill.

A Public Bill Committee will begin its consideration of the Bill on Tuesday and Thursday next week.


18 April

MPs have recommend that the government restrict its use of retrospective legislation to ‘wholly exceptional circumstances, which should be narrow and clearly-defined’.

A special low rate of UK corporation tax on finance profits from overseas financing within multinational groups will offer a ‘very significant’ benefit to groups setting up a structure that represents, according to a leading tax expert, ‘almost government-approved tax avoidance’.

‘Internet giants avoided about £650m in UK corporation tax in 2010 by legally taking payments via offshore companies, according to analysis by Financial Mail. The research into the tax paid by Apple, Amazon, Google, eBay and Facebook will reignite...
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