Tax and benefit changes taking effect in April will amount to a ‘net takeaway’ from households, equivalent to £200 per household, on top of this month’s increase in indirect taxes which was equivalent to £480 per household on average, according to the Institute for Fiscal Studies.
UK Uncut, the protest group campaigning against tax avoidance, condemned what it called ‘political policing’ after CS spray was used to disperse protestors in London’s Oxford Street.
Several core areas of small business taxation have been raised and debated ‘time and again’ during the recent roadshows organised by the Office of Tax Simplification.
Alliance Boots defended its registration in the low-tax Swiss canton of Zug as it prepared for nationwide protests against tax avoidance, telling Tax Journal today that if it had registered in Switzerland ‘purely for tax reasons’ there were many other countries that it could have conside
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The European Council has adopted a decision authorising the UK to continue applying a VAT measure derogating from Directive 2006/112.
Comments are invited by 22 February 2011 on draft HMRC guidance on proposed changes to the rules governing taxation of companies’ capital gains.
Liberal Democrat MP Adrian Sanders asked the Chancellor if he would make it his policy to refer all tax disputes concerning liabilities greater than £500 million for parliamentary scrutiny prior to action by HMRC.