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Audit commission chief warns Lib Dems

Audit Commission chief executive Steve Bundred has warned that increased choice in health, education and other public services could force taxes up.

Drugs giant faces £2.85bn tax bill

European drugs giant, GlaxoSmithKline, has been handed a $5.2bn (£2.85bn) additional tax bill by US authorities.

Customs to face flood of VAT claims

Companies should be able to claim back millions of pounds in VAT paid on past and present share issues and AIM listings, according to top ten accountancy firm, PKF.

R&D tax note published

The government launched Designs for Innovation, its consultative note on designing an R&D tax credit for large companies, on 4 December 2001.
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