The planned “charity tax” was scrapped today as George Osborne completed his third embarrassing Budget U-turn in four days.
Leading article: A U-turn that George Osborne could be proud of
Thursday 31 May 2012
It has been a tricky time for George Osborne. Once lionised as the arch-strategist, a Budget full of loose ends has left the Chancellor looking more like a second-rater not up to the detail of his brief than someone with a gimlet eye on the long game.
Sellafield 'needs extra £276 million of taxpayer’s money to complete UK's biggest nuclear construction project'
Wednesday 30 May 2012
The company in charge of running Britain’s nuclear reprocessing operation at Sellafield in Cumbria said today that it needs an extra £276 million of taxpayer’s money to complete the single biggest nuclear construction project in the UK.
Two cleared over firefighter deaths
Wednesday 30 May 2012
A chief fire officer has called for an investigation into why three long-serving firefighters were prosecuted following the deaths of four of their colleagues in a warehouse blaze.
Charities U-turn deepens Osborne tax humiliation
Wednesday 30 May 2012
George Osborne is preparing for a climb-down on his "charity tax" proposals amid claims from Labour that his March Budget has descended into "a total and utter shambles".
George Osborne under fire as Tory MPs target charity tax U-turn
Wednesday 30 May 2012
Treasury admits ministers are preparing to lift controversial plans to place cap on donations scrap controversial plans to put cap on donations
Taxman fails in bid to force tycoon to hand over files used in highest divorce settlement in UK history
Tuesday 29 May 2012
The taxman has failed in a legal move to force a tycoon to hand over documents used in a divorce battle which ended in him having to pay the highest award in British legal history.
Greggs the bakers hails government 'pasty tax' u-turn
Tuesday 29 May 2012
Bakery chain Greggs was celebrating today following the Government's U-turn on the unpopular “pasty tax”.
Osborne's pasty goes cold as he drops VAT plan
Tuesday 29 May 2012
George Osborne abandoned his plan to impose VAT on the Cornish pasty yesterday. All familiar high street foods, including pasties, sausage rolls, and meat and potato pies, are to be free from the taxman's grasp after a campaign of protest orchestrated by Greggs, the nation's largest chain of high street bakers.
Osborne blows hot and cold on 'pasty tax'
Tuesday 29 May 2012
George Osborne has abandoned his plan to impose VAT on the Cornish pasty. Take-away foods including pasties, sausage rolls and meat-and-potato pies, are to be free from the taxman's grasp after a campaign of protest orchestrated by Greggs, the nation's largest chain of high street bakers.
Osborne adviser leaked budget information to Murdoch's man
Saturday 26 May 2012
George Osborne's closest political aide secretly gave News Corp information about the likely contents of the Government's first budget, it was revealed last night.
Mary Dejevsky: Why the Left should look at a 'flat tax'
Friday 25 May 2012
How many tax inspectors does it take to boost the Treasury's coffers by an extra billion? One answer would be around 3,000 – that is the number of people cut from HM Revenue and Customs who could, according to the trade unions, have brought in the additional amount.
Dairy Crest's first loss as deliveries drop
Friday 25 May 2012
The drop in demand for home milk deliveries and supermarket competition has caused Dairy Crest to post its first annual loss as a public company, after a £81.7m writedown.
£1.1bn less tax recouped after HM Revenue and Customs job cuts
Thursday 24 May 2012
Job cuts among revenue officials meant £1.1 billion less unpaid tax was recouped than could have been, a public spending watchdog said.
New Zealand announces 40% hike in tobacco taxes
Thursday 24 May 2012
New Zealand's government has squeezed smokers more than ever by announcing a 40% hike in tobacco taxes over the next four years.








