Cable claims RBS misused EFG
Vince Cable has claimed that Royal Bank of Scotland misused the government’s Enterprise Finance Guarantee (EFG) scheme, which is aimed at supporting bank lending to
Fears that Mansion Tax could affect wider proportion of taxpayers
BKL tax partner David Whiscombe comments on fears that Labour’s ‘Mansion Tax’ will one day affect a wider proportion of the population. ‘Stop calling
Cayman Islands reject plea for shell firm transparency
The Times reports that the Cayman Islands have snubbed David Cameron’s proposal that the tax haven sign up to a public register revealing the owners
Uncertainty around UK’s role in Europe could hamper businesses
Writing for the UK200Group, BKL tax partner David Whiscombe comments on news that a survey of ICAEW members suggests half of British accountants believe growing
Balls refuses to detail tax and spending plans
The shadow chancellor Ed Balls has refused to detail proposed spending cuts and tax rises under a future Labour government after George Osborne accused Labour
Lower wages have led to lost revenue
BKL tax partner David Whiscombe comments for the UK200Group on Labour’s revelation that the current government lost £95bn in revenue during the last five years due
CBI accused of not representing SMEs on Europe
Labour has claimed business leaders feel unable to speak out in favour of Britain remaining in the European Union following pressure from the Conservatives. MPs
CGT for non-resident property owners
At present, non-residents are not generally subject to UK Capital Gains Tax (CGT). The two main exceptions are non-residents trading in the UK through a
New delay to redress scheme
An inquiry by the FCA into mis-sold small business loans could drag on for a further six months. The redress scheme aimed to compensate firms
Taxpayers turn to Twitter for help
HMRC has asked taxpayers to tweet their queries instead of phoning government helplines as it emerged that waiting times have doubled over the past year.
