tax

The Chancellor will not press ahead with the so-called 'pasty tax' after agreeing the plans were too complex and burdensome to business, according to reports.

UK funds could share a $5bn windfall after the European Court of Justice ruled foreign investment funds that invest in French companies should not be liable for a discriminatory withholding tax on dividends.

The 50p top rate of income tax will be reduced to 45p from April next year, Chancellor George Osborne announced this afternoon.

Investment Week today brings you LIVE coverage of all the measures in what some observers are dubbing a "Budget for the rich".

Mining stocks slumped in afternoon trading as Rio Tinto said it has seen slowing demand from China, its best customer, while Australia implemented a controversial mining tax.

BUDGET 2012

The Chancellor, George Osborne, is set to make a cut to the top rate of income tax his headline measure in next week's Budget, as the Liberal Democrats have eased their opposition to the move in exchange for other concessions.

The 50p top rate of tax is damaging the economy and reducing government income, according to a letter signed by more than 500 business leaders.

Warren Buffett has given his official backing to a bill named after him which would see the wealthiest US citizens paying a higher rate of tax.

As signs point toward a recovery across the pond, we ask industry experts whether the current progress can be maintained...