Those who believe that the UK's tax legislation, and associated administrative burden, cannot become much more complex/onerous may need to be reminded that the EU is pushing to have a right to dictate the tax policies and rates of member states.
Accountancy Age reports that concerns are mounting over the transfer of tax-raising powers to the European Union.
Aside from the administrative burden such powers would bring, the damage to the economy and our democracy of a "one size fits all" dictated by unelected Brussels bureaucrats approach would be incalculable.
Tax does have to be taxing.
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No need to worry on this one, Cameron and Clegg will look after us.
ReplyDeleteNo need to worry on this one, Cameron and Clegg will look after us.
ReplyDeleteI read that and spewed hot coffee through my nose.
"I read that and spewed hot coffee through my nose."
ReplyDeleteNow you have made feel guilty.
Never mind, apparently they've already handed over a chunk of sovereignty over our taxation to Switzerland.
ReplyDeletehttp://tinyurl.com/364r3xq