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VIDEO: Tax avoiders 'won't get away with it'

2013-03-20 14:45:16| BBC News | Business | UK Edition

George Osborne said his Budget was introducing "one of the largest ever packages of tax avoidance and evasion measures".

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VIDEO: Cut in corporation tax to 20% from 2015

2013-03-20 14:41:05| BBC News | Business | UK Edition

The chancellor announced that corporation tax would be cut by 1% to 20% from April 2015, and claimed it showed that Britain was "open for business".

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UK promises shale gas tax breaks, public benefits

2013-03-20 10:21:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Britain said on Wednesday it will introduce generous tax breaks for shale gas and tackle the nascent industry's public perception problem by making sure local communities benefit from resources found in their areas. Finance Minister George Osborne said in his annual budget announcement he will introduce a new gas field tax allowance for shale gas, an industry that he expects can help kick-start Britain's stagnant economy. "Shale gas is part of the future and we will make it happen," he said...

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U.K. Pledges Tax Breaks for Shale Gas, Low Emissions Cars

2013-03-20 10:01:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: U.K. Chancellor of the Exchequer George Osborne offered tax breaks to low emissions vehicles while promising support for shale gas developers and energy- intensive industries in his annual budget today. Osborne told lawmakers the U.K. will support the manufacture of ultra-low emission vehicles with tax incentives. He also said hell bring in a generous new tax regime to promote early investment in shale gas, and will exempt ceramics and other industries from the climate change levy, a tax...

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Tampa auto dealer convicted of $9M tax fraud sentenced

2013-03-20 08:57:40| Auto Dealers - Topix.net

Russell B. Simmons Jr. , 42, of Tampa, the owner of Simmons Auto Sales on North 34th Street, was sentenced to 15 years in prison for his role in a $9 million federal tax fraud scheme.

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