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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George Osborne says tax cuts would be introduced gradually
Tories ‘would cut corporation tax’

The Conservatives have promised to cut corporation tax if elected, hinting at a manifesto containing broad-based measures to reduce taxes. Shadow chancellor George Osborne said he and David Cameron wanted to be “low-tax Tories”, telling reporters it was his “ambition” to cut taxes. Initially, Mr Osborne will unveil plans to cut corporation tax in the… Read more »

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Delay to reveal capital gains proposals in new year
Darling delays capital gains tax reform

The chancellor has been accused of creating an environment of uncertainty after he refused to confirm whether the government would back down on a proposed flat-rate of capital gains tax (CGT). Alistair Darling’s attempts to simplify the CGT system with a flat 18 per cent rate of tax have been met with fierce opposition by… Read more »