The 2020 Tax Commission report recommends that income tax should be fixed at a flat rate of 30% and National Insurance abolished.
18 May 2012
| by Adrian Tombling
From April 2013, any profits from inventions that are protected by a UK patent will be taxable at a significantly lower rate of corporation tax. Patent attorney Adrian Tombling explains.
30 Apr 2012
Dismissing staff members could become less bureaucratic for micro businesses.
Grass Roots founder David Evans, the father of 'mystery shopping', has 32 years of business under his belt. He speaks to MT about holidays, what to send a client in India, and why he's a bit like The Godfather.
12 Apr 2012
| by Mike Kerridge
Ah, the horror of receiving a summons from the taxman. But before you turn into a pile of quivering jelly, read this advice on the Schedule 36 from tax consultant Mike Kerridge.
Economic growth for the first quarter of 2012 will be about 0.3% reckons the British Chambers of Commerce. An improvement, yes, but frustratingly slight.
British manufacturers have upped their game, according to new PMI data from Markit. And the financial sector is also bouncing back, with CFO confidence up and a hiring spree in the first quarter.
19 Mar 2012
| by James Ducker
In the wake of PPI, entrepreneur and finance expert James Ducker exposes another scandal in the making: interest rate swaps. This time, it's the small businesses getting hoodwinked.
The number of acquisitions of entrepreneur-led businesses dropped last year as economic turbulence sapped investment appetites.
The 2012 list of superbrands is out and half of the most well-loved and respected brands in the top 20 are British. How awfully lovely!