taxation
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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Leading Labour rebels Frank Field and Greg Pope are continuing their campaign to ensure income tax compensation is backdated. The pair met with chancellor Alistair Darling yesterday and, in a statement last night, revealed they are maintaining pressure on the government over the issue. Two weeks have passed since Mr Darling and Gordon Brown were… Read more »
Britain’s 14 overseas territories are being poorly managed by the government, MPs have said. A report from the Commons’ public accounts committee (PAC) says regulation needs to be improved for the territories’ financial services industries. Some, like Bermuda, are major financial centres but investigations and prosecutions of money laundering need to be tightened, the report… Read more »
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