Mark Schofield and Harry Manisty, PricewaterhouseCoopers LLP, consider some of the practical implications for tax teams if the world embraces a substantial shift to green taxes
Mark Schofield and Harry Manisty PricewaterhouseCoopers LLP consider some of the practical implications for tax teams if the world embraces a substantial shift to green taxes
Ever since William Pitt the Younger set the tone in 1798 the UK has relied on the traditional direct taxes on employment profits and income to lead the filling of treasury coffers. However it has become increasingly apparent in recent months that a fresh approach is needed to plug the nation's burgeoning fiscal deficit. Estimates from Whitehall show the controversial 50% income tax rate delivering just £1.1bn of additional revenues per annum against public debt now expected to...
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Mark Schofield and Harry Manisty, PricewaterhouseCoopers LLP, consider some of the practical implications for tax teams if the world embraces a substantial shift to green taxes
Mark Schofield and Harry Manisty PricewaterhouseCoopers LLP consider some of the practical implications for tax teams if the world embraces a substantial shift to green taxes
Ever since William Pitt the Younger set the tone in 1798 the UK has relied on the traditional direct taxes on employment profits and income to lead the filling of treasury coffers. However it has become increasingly apparent in recent months that a fresh approach is needed to plug the nation's burgeoning fiscal deficit. Estimates from Whitehall show the controversial 50% income tax rate delivering just £1.1bn of additional revenues per annum against public debt now expected to...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
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