Abstracts » Business

Tax: Going flat out

Article Abstract:

The Adam Smith Institute, with a view to simplify the complexities of the UK tax system, has proposed a simple flat rate system. Under the proposal, all income up to 12,000 pounds would be tax-free and all income after that would be taxed at 22%. Advocates for the new system emphasize that it would be fairer, cheaper to administer, and would provide stimulus to economic growth. Opponents argue that the flat rate system would lead to a 10% reduction in tax revenue.

Reports, Flat tax, Tax revenue estimating, Adam Smith Institute

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Going places

Article Abstract:

Business travel is the largest expense for most of the companies where every business wants to reduce it and business travel managers are adopting more innovative and sophisticated techniques to deal with these challenges. One of such technique is introducing a company credit card scheme using which the expenses can be controlled.

Financial management, Management dynamics, Methods, Management, Finance, Business travel, Expense deductions, Company business management, Company financing, Travel costs

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Going places?

Article Abstract:

Business travel operations in the UK are discussed.

Marketing procedures, Corporate Travel Services, Industry Overview, Marketing, Cover Story, Company marketing practices, Business travel services, Business travel industry

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