taxation

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Campaigners set out proposals for a better deal for low-income taxpayers
Academy of Medical Sciences

Contrary to popular belief, Lorem Ipsum is not simply random text. It has roots in a piece of classical Latin literature from 45 BC, making it over 2000 years old. Richard McClintock, a Latin professor at Hampden-Sydney College in Virginia, looked up one of the more obscure Latin words, consectetur, from a Lorem Ipsum passage,… Read more »

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Sir Philip Green's efficiency review will report back this autumn
Retail appointment ruffles Lib Dems

By politics.co.uk staff The coalition government’s new efficiency advisor Sir Philip Green is provoking growing disquiet from Liberal Democrat MPs. The billionaire businessman, whose retail empire covers some of the biggest names on the high street, was unveiled as the head of an external efficiency review of government spending last week. He pledged to give… Read more »

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Alistair Darling prepares his final Budget - which did not contain a VAT hike, against his wishes
Darling: I wanted to raise VAT

By politics.co.uk staff Former chancellor Alistair Darling has admitted he was barred from raising VAT by Gordon Brown. The clash between Labour’s last prime minister and Mr Darling, who eventually held VAT at 17.5% in his pre-election Budget, was revealed in former business secretary Peter Mandelson’s memoirs, The Third Man. Speaking on The Andrew Marr… Read more »