Media ›

Osborne extends industry tax breaks

Osborne extends industry tax breaks
3 Dec 2014

This article was first published in The Sunday Times, 30 November 2014

The chancellor is under pressure to squeeze more from international businesses because of the parlous state of the public finances. He has little room for giveaways as his hopes of cutting the deficit have been hampered by weaker-than-expected tax receipts. 

Country-by-country reporting would “introduce greater transparency” into the complex structures used by big companies to minimise their tax liabilities, said Jonathan Hornby of Taxand UK.

Discover more: Access the full The Sunday Times coverage >


Your media contact for further queries is:
Barnaby Fry, MHP
T. +44 (0)203 128 8215
E. taxand@mhpc.com

Quality tax advice, globally

Further coverage in:

Taxand's Take

The autumn statement was announced on Wednesday 3 December 2014. 

Taxand's Take Author

Access Taxand's Take

Access Taxand's Take

Register to receive Taxand’s latest opinion on topical tax news