Northern Ireland finance minister Sammy Wilson has accused the Republic of Ireland of 'stealing' tax revenue from the UK, in a comment that will add further pressure on the G8 summit to promote greater tax transparency.
Occupiers of up to 50,000 business premises in Northern Ireland are set to receive letters asking for their rental information as part of the Government's drive to evaluate business rates and taxes.
One in five small businesses is feeling optimistic about growth and expansion following the Government's announcement to introduce a £2,000 allowance towards employer National Insurance contributions (NICs).
A statement of principles that sets out steps UK businesses should take in order to improve the transparency and understanding of their tax affairs has been published by the Confederation of British Industry.
A number of Commonwealth nations are among those who have signed an agreement to share tax information, a report by the Organisation for Economic Co-operation and Development (OECD) has said.
