Conjuring a solution to the corporation tax conundrum

Article Abstract:

The UK government's Green Budget places considerable emphasis on corporation tax, an issue which was not satisfactorily addressed in Chancellor Gordon Brown's Jul 1997 Budget. Most significantly, it has been decided to abolish Advance Corporation Tax, a move which will be particularly popular with large multinational concerns and with water companies. Changing to a new system of corporation tax could have a negative impact on corporate cash flow, but will make the UK are more attractive place in which to locate an international company.

Corporate Taxes, Taxation, Corporations, Tax policy

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A little largesse for everyone

Article Abstract:

The UK government's 1995 Budget is a considerable political achievement, as it delivers the tax cuts which so many backbench Conservative MPs have been calling on chancellor Kenneth Clarke to make while remaining relatively cautious. However, it is uncertain whether the Budget will go far enough to reassure financial markets that the government remains committed to balancing the Budget in the long term. It is now planned to return to Budget balance a year later than had been anticipated in 1994.

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Some new revenue-raising ideas for Labour

Article Abstract:

The UK Labour party will have to consider new ways of raising revenues if it wins the next general election, as it has promised not to raise income taxes. Possible solutions include some type of economic rent, using assets which are owned by the state and are currently free. A Labour government could, for example, charge for use of roads or for use of airport slots at the most popular times of day.

Labour Party (United Kingdom), Public finance

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