The chancellor’s record on tax avoidance suggests this is yet another PR exercise, writes James Bloodworth.
Tag Archives: tax
It’s not clear how cutting the 45p tax rate to 40p, as suggested by Lib Dem MP Jeremy Browne, would benefit Britain, writes Tony Dolphin.
By far the biggest gainers from an increase in the 40p threshold are families in the top income decile.
The First Minister of Wales has declared that the tax varying powers being offered to the Welsh government are “pretty much useless”.
Last year Mo Farah was calling on the chancellor to crack down on tax avoidance. Now he want to be a tax exile.
The least well off households pay 36.6 per cent of their income in tax compared to 35.5 per cent paid by the wealthiest.
There has been much discussion of the merits of prioritising ‘pre-distribution’ – of attempting to achieve a more equal distribution of the cake before turning to ‘redistribution’ through tax and benefits.
Why are we asking the British tax havens to reform themselves when the Foreign Office says we can impose new law on them?
I was rummaging through various links today and came to the UK Foreign Office White Paper on the Overseas Territories published in June 2012. This contains, on page 14, the following interesting statement in a section headed ‘Our Constitutional Relationship’.
After the photo opportunities, early morning swims and talk of famous blues musicians last week in Lough Erne, the temptation is to think it’s all over for the UK’s Presidency of the G8.