Kyoto
- 11 Oct 2007 02:50
- 3 of 38
Morning all. Market reports:
Telegraph
The Times
The Times (Need to know)
FT
The Guardian
The Independent
This is Money
Accountants voiced fears yesterday of a flood of money leaving the London Stock Exchange's junior Alternative Investment Market in the wake of the Government's decision to axe "taper" relief on capital gains tax.
Fears of sell-off on growth market as AIM investors face 80% tax rise
Retailers have labelled plans to allow local government departments to increase taxes on businesses a "disaster", arguing that it could result in 100m in additional tax charges for retailers every year. The British Retail Consortium said that the proposal to give shire counties and the Greater London Authority the power to increase the tax on businesses to fund local projects represent "a massive blow" to retailers that are already struggling with tough market conditions and higher rents.
High Street: Retailers: new tax 'is a disaster'