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The corporation tax hike announced in today’s budget will lead firms to invest less in the UK in the medium term, the Institute for Fiscal Studies (IFS) has said.
Experts said the increase to income tax ended the idea that Britain could become 'a post-Brexit Singapore' after leaving the EU
A wealth tax could raise as much as £55bn - but is it really the answer? Our friends at Tortoise are hosting an all-day summit on the Future of Money this coming Thursday. They’ve opened up the exclusive event to a small number of City A.M. readers, who can register here with the code GUESTOFCITYAM. Here, Tortoise’s Kim Darrah and Giles Whittell look at what a mooted wealth tax could mean for the UK’s most prominent business figures… The idea of taxing assets as opposed to income normally gets short shrift in the UK, but these aren’t normal times. Budget day is t...
Masked up and rapid tested, Utah lawmakers back to business in heavily guarded Capitol Katie McKellar and Ashley Imlay © Jeffrey D. Allred, Deseret News Rep. Calvin Musselman, R-West Haven, left, and Rep. Joel Ferry, R-Brigham City greet each othe ras the Utah Legislature opens the 2021 general session at the Capitol in Salt Lake City on Tuesday, Jan. 19, 2021. SALT LAKE CITY — Utah’s legislative leaders kicked off the 2021 general session Tuesday with messages of a bright future despite challenges due to COVID-19. “Beyond the physical effects of COVID, the global pa...
2021 may see tax reforms to address COVID-19, environmental challenges, and more Governments and international bodies seek to fill massive deficits as billionaires and multinational corporations have seen their wealth grow during the ongoing pandemic. January 19, 2021 Climate activists in Amsterdam gather at the Museumplein with their bikes to ride around the center of the city during the global climate action day to demand climate action on Sept. 25, 2020. Tax justice experts, accounting firms and corporations’ tax planning officers around the world are on the watch for a se...