There has been yet another coalition u-turn – this time over the per-flight tax pledge, reports the Fabian Society’s Natan Doron.
Tag Archives: Taxation
The Daily Mail this morning reported that “Labour’s 50p tax rate ‘could cost the country £350bn’, Osborne warned”. The claim was calculated on the back of a fag packet.
New research from Oxford University shows the 30-year race to the bottom on corporation tax. Large companies get away with paying less tax than small companies.
New analysis by Gavin Kelly shows how individual tax and benefit changes will impact a normal family. They underline the meagreness of the Lib Dem’s policy to raise the income tax threshold.
George Osborne set out yesterday that the VAT rise to 20% would be permanent. Left Foot Forward sets out five facts about the regressive and avoidable tax rise.
A new report shows the Governments rise in VAT could hit not only the poor, but also the middle class heavily, with some areas being particularly drastically hit.
On the day the coalition unveiled its formal legislative proposals to give Holyrood greater tax varying powers, a group of business leaders in Northern Ireland have called for Stormont to be given the power to set its own corporation tax.
The red tops are overflowing with stories today of Labour’s split over the 50p rate. But is there really a cigarette paper between the Labour leader and his shadow chancellor?
Amazingly, the private pensions paid in that same year were very slightly less – at about £35 billion. In other words, not one penny of private pensions paid in that year was at cost to the private pension sector: all were paid at cost to the government.
The Shadow Chancellor Alan Johnson today attacked the Coalition Government’s plan, arguing that it risked jobs and growth, and set out Labour’s alternative.