Corporation tax

Pass over of tax powers to Northern Ireland delayed

Talks to decide on whether Northern Ireland should be granted the power to set its own rate of corporation tax have ended without agreement.

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Tax avoidance: Consultation on general anti-abuse rule launched

The Government has launched a consultation on a new general anti-abuse rule (GAAR) designed to tackle what it terms 'artificial and abusive tax avoidance schemes'.

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EU trends show corporate and personal tax rates are on the up

The average standard VAT rates in the European Union's 27 countries have risen dramatically since 2008, a new report into taxation trends by the European Commission has found.

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Northern Ireland corporation tax cut could 'change economy overnight'

Pressure on the Treasury to allow Northern Ireland the power to set its own rate of corporation tax is mounting, after the Confederation of British Industry (CBI) said a lower rate could improve the country's economy 'overnight'.

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Finance Bill 2012 published

The Government has published the Finance Bill 2012, in which tax measures announced in Budget 2011 and 2012 come into force.

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Chancellor defends Budget

Chancellor George Osborne has been defending yesterday's Budget in a string of media interviews after accusations of hitting the elderly with reduced tax allowances and aiding the highest earners.

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