Britain still dancing to Europe’s tune on tax

Britain still dancing to Europe’s tune on tax

If Britain wants to collect £600bn of tax in the next year, it may have to do what the EU wants for a while yet

Six hundred billion pounds is a colossal amount of taxation. Nevertheless, according to a Whitehall briefing that I attended the other week, that is how much Britain’s revenue authority proposes to collect in the year to April 5, 2018.

It’s an amount which reflects the size of Britain’s economy. That size makes it all the harder to understand why Britain seems to have capitulated so easily to the terms of the EU’s draft Brexit withdrawal agreement,...

Subscribe from just 1€

Exclusive offers

Choose the subscription that is right for you

Monthly Subscription

€1

For the first month

€19.99 Monthly Thereafter

Subscribe today

Cancel anytime

Annual Subscription

€200€149

For the first year

€199.99 annually thereafter

Subscribe today

Cancel anytime

Quarterly Subscription

€55€42

For the first 90 days

€55.00 quarterly Thereafter

Subscribe today

Cancel anytime

These offers are not available for current subscribers. Offers and pricing are subject to change without notice.

Terms & Conditions Apply

Please Subscribe or Log in to continue

Subscribe Login

Related Articles

More from The Business Post