Monthly Archives: October 2015

Spin on 1% City Law Firms Tax to Pay for Two-Tier Justice System

• Media reports that the Justice Secretary, Michael Gove, is floating the idea of a 1% turnover tax on top City law firms to help pay for the courts system. This is hoped might replace the newly introduced charge on … Continue reading

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EU Consultation on VAT MOSS Harming UK Small Businesses

The EU has a tax consultation on until 18th December on its VAT Moss, mini one stop shop, system. That was brought in on 1st January 2015 with the new place of supply rules. A particular problem is the barrier … Continue reading

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Unelected Lords Blocking Tax Credits and Welfare Reform

Some in the unelected The House of Lords are risking a constitutional crisis by threats to block the decision of the democratic Commons on the tax credits vs. welfare reform issue. Tony Blair’s New Labour deliberately tangled-up the separate tax … Continue reading

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UK Tax Gap Narrows to 6.4%

The UK tax gap, difference between amount collected vs. total due, narrowed to 6.4% for 2013/14. Nearly 10 years ago the tax gap was 8.4%. The fall is due especially to HMRC taking action against on the sales of UK-based … Continue reading

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Tax “Credits” as Spin for Disguised Welfare

Tax credits are a disguised form of welfare payment or social security. Fundamentally the government take money from people in taxes and gives them money in welfare. The two are totally different. So when Tony Blair’s New Labour introduced tax … Continue reading

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