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FINANCIAL TIMES
European leaders delay key decisions - Thu, 24 May 2012 07:01:34 GMT

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BBC NEWS
BBC News - Business - Wed, 23 May 2012 21:34:58 GMT

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Weak UK business hits Mothercare - Wed, 23 May 2012 23:08:36 GMT
Tax effort 'stunted by job cuts' - Wed, 23 May 2012 21:37:08 GMT
Facebook and banks face lawsuit - Thu, 24 May 2012 02:05:21 GMT
 
 

PBR: CIOT calls for small business review

Responding to the confirmation in the Pre-Budget Report that the increase in the small companies' rate of corporation tax will be deferred, John Whiting, Tax Policy Director of the Chartered Institute of Taxation, said it’s time for a full review of small business taxation.

9 December, 2009

He said: "This still leaves small businesses up in the air.

"We have long argued that what is needed is a holistic review that aims to set out a general plan for taxing small businesses (incorporated and unincorporated) rather than leaving the prospect of higher tax rates up in the air and trying to block perceived abuses with ever more complex rules that are administratively burdensome.

"It's time for a full review of small business taxation."


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