UN adopts plans for historic tax reform

COUNTRIES at the UN have adopted by a landslide majority a resolution to begin the process of establishing a framework convention on tax, and completely change how global tax rules are decided. The framework convention can eventually move decision-making on global tax...

£29m a week cost of ‘huge tax break’ for banks

THE government’s decision to cut the banking surcharge is costing the public purse £29 million a week, according to a new report published by the TUC. The report estimates that the Treasury will lose “at least” £1.5 billion annually over the next four years as result...