Government acts to soothe foreign investors’ fears

[AtW]

Alistair Darling will today move to reassure international businesses that Britain under Labour will not impose surprise tax changes on them.

The Chancellor will publish a draft document entitled Tax Framework for Multinationals, which promises to consult large corporations on new business levies (AtW's comment: ) and pledges to ensure that tax legislation does not place firms at a competitive disadvantage or trigger vast amounts of red tape.

While executives will not be able to influence the size of new tax rises, the Treasury is keen that business is consulted over the impact of the levies.

More Govt tulip here: http://business.timesonline.co.uk/to...cle7035685.ece

[TimberWolf]

Alistair Darling will today move to reassure international businesses that Britain under Labour will not impose surprise tax changes on them.

The Chancellor will publish a draft document entitled Tax Framework for Multinationals, which [promises to consult large corporations on new business levies (AtW's comment: ) and pledges to ensure that tax legislation does not place firms at a competitive disadvantage or trigger vast amounts of red tape.

While executives will not be able to influence the size of new tax rises, the Treasury is keen that business is consulted over the impact of the levies.

More Govt tulip here: http://business.timesonline.co.uk/to...cle7035685.ece

So that they can fast track people in without the need to fill out a form.

[hyperD]

I think HMRC is falling apart - I've had letters from both the personal tax department and now the corporate tax department saying they have not received their monies, despite the transactions being there on my statements. And their phonelines are constantly engaged.

Well, **** 'em and their overly complicated, inefficient systems..

[HairyArsedBloke]

Well, **** 'em and their overly complicated, inefficient systems..

[hyperD]

Garrr! Last year they demanded a ridiculous sum of cash which my fantastic accountants got to less than 10%, which was the true figure.

What is with these idiots?

It's not just that the actual amounts of tax are so obscene, it's the entire entity would last five minutes in the real world before becoming bankrupt.

FFS! Sometimes you get to the point where you wonder whether you can be bothered in this country...

[Mich the Tester]

Alistair Darling will today move to reassure international businesses that Britain under Labour will not impose surprise tax changes on them.

The Chancellor will publish a draft document entitled Tax Framework for Multinationals, which promises to consult large corporations on new business levies (AtW's comment: ) and pledges to ensure that tax legislation does not place firms at a competitive disadvantage or trigger vast amounts of red tape.

While executives will not be able to influence the size of new tax rises, the Treasury is keen that business is consulted over the impact of the levies.

More Govt tulip here: http://business.timesonline.co.uk/to...cle7035685.ece

58% of private sector employment in the UK is in small businesses. Many of those businesses operate internationally. They might be worth consulting too, Mr Darling.

[AtW]

58% of private sector employment in the UK is in small businesses. Many of those businesses operate internationally. They might be worth consulting too, Mr Darling.

Yes, but %-tage of corporate donations to Nu Liebor party that comes from small businesses is very much 0.

[sasguru]

FFS! Quite a lot of the time you get to the point where you wonder whether you can be bothered in this country...

FTFY

[Doggy Styles]

58% of private sector employment in the UK is in small businesses. Many of those businesses operate internationally. They might be worth consulting too, Mr Darling.

Yes, but %-tage of corporate donations to Nu Liebor party that comes from small businesses is very much 0.

Yes, but %-tage of small businesses consulted by Nu Liebor party is very much 0.

Cause and effect.

[hyperD]

FTFY

Thank you! And correct!