Feeds

Darling won't move over gains tax

Small biz is heard, but ignored

Security for virtualized datacentres

UK business leaders met Chancellor Alistair Darling yesterday to detail their objections to his proposed changes to how capital gains tax is charged. Darling announced the end of taper relief for capital gains in his pre-Budget report two weeks ago.

Small and medium businesses reacted with horror to the changes.

The British Chamber of Commerce and the Federation of Small Business met Darling to discuss their objections. David Frost, director general of BCC, said: "The Chancellor can now be in no doubt of the views of business towards the changes he made to Capital Gains Tax in the pre-budget report."

The FSB said it was a constructive meeting and it still hoped a compromise could be found. FSB chairman John Wright said: "There are four and a half million small businesses. Many would have been unable to start up under this proposed new regime."

Darling said he would look at further evidence offered by the lobbyists, but seems unlikely to completely abandon the changes. ®

Beginner's guide to SSL certificates

More from The Register

next story
Facebook, Apple: LADIES! Why not FREEZE your EGGS? It's on the company!
No biological clockwatching when you work in Silicon Valley
Lords take revenge on REVENGE PORN publishers
Jilted Johns and Jennies with busy fingers face two years inside
Yes, yes, Steve Jobs. Look what I'VE done for you lately – Tim Cook
New iPhone biz baron points to Apple's (his) greatest successes
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
Facebook pays INFINITELY MORE UK corp tax than in 2012
Thanks for the £3k, Zuck. Doh! you're IN CREDIT. Guess not
Ex-US Navy fighter pilot MIT prof: Drones beat humans - I should know
'Missy' Cummings on UAVs, smartcars and dying from boredom
Sysadmin with EBOLA? Gartner's issued advice to debug your biz
Start hoarding cleaning supplies, analyst firm says, and assume your team will scatter
Edward who? GCHQ boss dodges Snowden topic during last speech
UK spies would rather 'walk' than do 'mass surveillance'
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.
Three 1TB solid state scorchers up for grabs
Big SSDs can be expensive but think big and think free because you could be the lucky winner of one of three 1TB Samsung SSD 840 EVO drives that we’re giving away worth over £300 apiece.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.