Today news
About the same in other media
OBR chair warns half of Budget tax revenues 'are quite uncertain'
Reading now: 107
In a Treasury Select Committee (TSC) hearing today (5 November), the OBR said that while «half of tax rises are certain and reliable», the other half of the tax yield is less of a definite income for the government. This is because that part of the tax take «is based on raising taxes on a relatively small number of individuals for which the revenues are quite uncertain because it depends on how they respond», OBR chair Richard Hughes told committee members. Hughes was referring to a swathe of tax measures, such as tax on ‘non-doms', adding VAT to private school fees and changes to c...
To continue reading this article...
Join now
Login
Read more on investmentweek.co.ukAbout this in other media
Will Donald Trump sack Fed Chair Jerome Powell before his term ends? Elon Musk and allies of the President-elect are backing the idea economictimes.indiatimes.com /5 days ago
Trump’s Intelligence Director Tulsi Gabbard sings 'Hare Rama, Hare Krishna'; celebrates Hindu identity in viral video economictimes.indiatimes.com /5 days ago
Ben & Jerry's lawsuit accuses parent company of censorship over Gaza abcnews.go.com /5 days ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
