Treasury decision to invite only big business to sit on committee looking at
tax policy makes smaller companies nervous
ADVERTISEMENT
Their anxiety was fuelled by the Treasury’s decision last week to invite only
the UK’s largest companies to sit on a new committee looking at tax policy.
Stephen Alambritis, spokesman for the
Federation of Small
Businesses, said: ‘There’s a relationship between large corporation tax and
small companies’ rates. If it is made more generous for multi-national
enterprises, small companies’ tax rates will possibly go up.’
The Forum of Private
Business said it was worried about the new tax policy committee’s
conclusions mirroring what happened with corporation tax, when large firms
benefited from a 2% cut while small firms suffered a 2% rise.
‘There is a concern that it will focus on the concerns of multi-national
enterprises and that there is a trend to increase taxes for SMEs.’
He added that the lack of SME representation on the new committee was
another example of the ‘pressing concerns of small businesses being sidelined’.
JP Morgan are seeking to recruit a Head of Portfolio Accounting - Executive Director for Dublin JP Morgan Hedge Fund Services, provides premier hedge fund administration and custody services as part of JP Morgan's comprehensive ... more >
The position of Finance Director for the 'new' Sterilin business is a high impact, senior leadership role within the executive team which requires excellent technical credentials but equally a proven track record of achievement ... more >
Gaydon, Warwickshire and Whitley, Coventry, United Kingdom | Jaguar Land Rover
Finance Analysts, Gaydon, Warwickshire and Whitley, Coventry, £Excellent + benefits A surge in sales, ground breaking projects, ambitious growth plans and cutting edge technologies - just some of the reasons behind the dawn of an ... more >
Principal Support Accountants, London, £30,717 - £33,777 pa plus up to 15% PRP FINANCE & RESOURCES In the heart of London, you'll find famous shops and legendary landmarks alongside Britain's flagship council - setting the ... more >
More Jobs in Finance
RSS feeds