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| Michel Barnier named as Brexit negotiator

The European Commission has named Michel Barnier, the man who oversaw the introduction of sweeping reforms of statutory audit, as its chief negotiator in charge of leading a taskforce which will prepare and conduct discussions with the UK about its withdrawal from the EU, following the vote to leave in the referendum last month

Tax | Labour leader hopeful calls for return of 50p tax

Owen Smith has pledged to transform the UK tax system if he wins the current contest to become Labour leader, announcing plans to reinstate the 50p personal tax rate and introduce a new wealth tax on the richest 1% of taxpayers, in a bid to tackle what he described as ‘ballooning’ inequality

Tax | MPs want independent scrutiny of OTS senior appointments

The Treasury select committee has tabled an amendment to the finance bill, designed to ensure the independence of the chair and tax director of the Office of Tax Simplification (OTS), after its plans for independent scrutiny of the appointments were turned down

27 Jul 2016

Tax | MPs warn HMRC over customer service levels

HMRC's plans to cut the cost of its personal tax services by a further 34% in the next five years raises the risk of another collapse in service levels, according to a report by the Public Accounts Committee (PAC), which wants the department to balance its potential savings with the costs to taxpayers left waiting on the telephone

26 Jul 2016

Business | Scotland calls for ‘multinational’ UK negotiation on Brexit

First Minister Nicola Sturgeon has indicated there could be a push for a second Scottish independence referendum if the UK government fails to demonstrate that Scotland’s interests will be protected during negotiations to leave the EU following the Brexit vote, which could include finding a way for Scotland to retain its EU membership
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