Tag Archives: parliament

Scottish FM Sturgeon Sums-up UK PM Cameron’s Tax Position

Scottish First Minister Nicola Sturgeon spoke for many on the UK Prime Minister David Cameron’s tax issue, as shown by the Panama papers. Quoted in on “The Scotsman” newspaper she said :- “David Cameron must now be completely transparent around … Continue reading

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Westminster Debate on VAT Discrimination on Big Seller Sites

A Westminster Hall (WH) debate is scheduled in Parliament for Thursday 14th on VAT evasion and internet retailers. A WH debate allows MPs to debate an issue outside of government control of the Commons. The problem is discrimination against UK … Continue reading

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Progress of Finance Bill 2015

The Finance Bill 2015 is working its way through Parliament. It got to second reading before the summer recess and will start on the committee stage in early September. The income tax lock and VAT lock, as they are called, … Continue reading

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Tax Reliefs Not Being Monitored by HMRC

The Public Accounts Committee of Parliament was shocked this week to learn HMRC had no systematic method for monitoring tax reliefs. This after the National Audit Office has reported over 1,100 separate reliefs worth £100 billion a year. To be … Continue reading

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Finance Bill Published

The Finance (No.2) 2013-14 Bill has been published today. A copy can be seen on Parliament’s website which also helpfully tracks the progress of the Bill. A little light reading for tax fans ! http://services.parliament.uk/bills/2013-14/financeno2.html Eamon McNicholas Tax Barrister, Accountant … Continue reading

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Ex-PM Proposes More Tax Power for Scotland – So Less For Others

Gordon Brown, the Scottish ex-Prime Minister for the UK, has proposed more tax raising powers for Scotland. He has suggested a partnership of equals with power sharing across the UK, with some taxes in part raised locally, the rest at … Continue reading

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Iceland Drops Plans to Join EU

Iceland has dropped plans to join the EU. With the EU threat to the Icelandic fishing industry, the ongoing € crisis and the EU drive to the East one can understand the democratic wishes of the Icelandic Parliament, the oldest … Continue reading

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