Go forth and multiply

Article Abstract:

The British chancellor of the exchequer, Gordon Brown, aims to encourage entrepreneurship through the tax system. His policies toward big business have not always been beneficial, but it is small business that he aims to encourage. Business start-ups are less common in Britain than in the US. Capital gains tax changes have been well received by venture capitalists, and Brown also plans corporation tax relief to help those who invest in high-risk companies. The impact on productivity and investment is unclear, since smaller firms account for only a small proportion of economic activity in Britain.

Small business

---

Bombs with long fuses

Article Abstract:

United Kingdom income and business tax rates are falling, but other taxes have been increased, such as those on road fuel, house buyers and pension funds. These include taxes brought in by the Conservative government, as well as those introduced by the new Labor government. There are also measures such as tax credits for working families that could be seen as tax reductions. Possible new taxes planned include a tax on pesticides, though some taxes could be scaled back due to high levels of tax revenue.

Tax administration and procedure

---

Bombe surprise

Article Abstract:

British policy on tax cuts has become more selective, with specific groups such as parents benefiting from cuts.

Similar abstracts:

• Abstracts: Hook, line and sinker. Stanfield's scores with younger men. Sea change
• Abstracts: Debt is good for you. Bond blues. The party's over
• Abstracts: Alan Greenspan's worried signals. Alan Greenspan and the embrace of the duchesses. Alan Grenspan, fiscal fiddler
• Abstracts: Distant thunder. Not cut and dried. Coming out of denial
• Abstracts: The skidding oil patch. Taken hostage. Alaska or bust

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.