tax
Transparency isn't everything
Is a transparent tax system a good thing? Rebecca Bennyworth, Sift Media’s tax expert, wonders is it necessary or just desirable?
Get to know those pesky new VAT charges
The Finance Act 2009 imposes a supplementary charge to VAT, warns Rebecca Bennyworth.
The Bottom Line:If Mr Cable has his way...
"If Mr Cable had his way, all the big banks would be broken up and bonuses would be virtually eliminated - a sure-fire way in my view of guaranteeing an end to the UK’s ability to compete as an international financial centre. Let’s not forget that this is a man who is on record as saying that everyone who works in a bank has an ‘aristocratic lifestyle’ clearly demonstrating his lack of understanding of the sector." A tough line on bankers’ bonuses could make a brain drain of financial talent a distinct possibility, warns Paul Marsden. Read more