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The article discusses the issues against the social agenda of Great Britain Prime Minister Margaret Thatcher. The members of her Conservative Party have revolted against her decision to curtail the spending power of local councils and replace the property tax with flat-rate tax as the main source of council revenues. She also cut the personal tax rate from 60 % to 40 % which stirred charges of discriminating the poor.

The article reports on the announcement of detailed plans for real estate investment trusts by British chancellor of the exchequer Gordon Brown in March 2006. John Weston Smith, chief operating officer of British Land in London, England, describes the plans as promising. There is a change to a flat tax rate which according to observers is the result of the British Treasury's desire to prevent tax leakage from avoiding methods.

The article discusses a plan by Conservatives to change Britain's tax system. During the past 30 years, income tax has been subject to sweeping changes. Now Conservative politician George Osborne is floating a radical reform. The shadow chancellor announced that he was setting up a commission to explore the possible introduction of a flat tax in Britain. The introduction of a flat tax would be a radical step. The reform is already being tried elsewhere. Estonia introduced it in 1994. Since then eight other countries in eastern and central Europe have followed suit. Poland appears likely to adopt a flat income tax, and Germany is considering the idea. Introducing a flat income tax into Britain would involve two main changes. Flat-tax proponents say that the reform would yield economic benefits. One advantage is that reform could sweep a lot of low-paid people out of income tax altogether. Flat-tax fans also think that it could trigger a new economic dynamism. But the proposal has an obvious flaw. It would result in an initial loss in revenue. Osborne wants lower and simpler taxes. However, he will be able to achieve that goal only if he can work out a convincing set of proposals to cut public spending.

In this article the author discusses taxation in Great Britain in light of the national budget proposed by finance minister Alistair Darling in March 2008. The author notes tax avoidance schemes practiced by British corporations, including the supermarket chain Tesco. He advocates a flat tax for individuals and taxes on corporations with no provision for exemptions.

The article comments on the flat-rate policy of capital gains tax proposed by the government of Great Britain. It is opined that the flat-rate policy is ill-considered and will have an adverse impact on the country's information technology (IT) sector. It states that doubling the capital gains tax rate will not attract innovative ideas to Great Britain.

The article looks at political discussion over Great Britain residents avoiding foreign income taxes through loopholes. Foreign residents in Great Britain are able to claim "non-domiciled" citizenship by connecting themselves to another country, allowing them to avoid taxes on foreign assets and profits. Tory shadow chancellor George Osborne has proposed a flat tax for all residents claiming the exemption.

Offers a discussion about whether a flat-rate income tax would boost economic growth and increase personal liberty in Great Britain. Suggestion that a single rate of income tax would negatively impact the poor; Report that the poor pay a larger share of their income in tax than the rich do; Suggestion that a flat tax is a tax cut for the rich; Criticism of those who would suggest government spending cuts to keep the budget balanced; Claim that public services are pro-poor in their distributional impact; Argument that social injustice results from public services spending cuts.

Reports on the effect of adopting the idea of a single, flat rate of tax, applying to all income above a threshold on taxpayers in Great Britain. Percent of flat tax rate needed to raise the same amount of tax as was actually raised in 2004-2005.

Discusses ways in which authors in Great Britain can take advantage of the so-called Flat Rate Scheme when dealing with value-added tax (VAT). Charging of VAT on invoices issued to users of an author's work; Recovery of VAT paid on relevant expenses; Obligations imposed by VAT registration; Confusion over the types of income that is subject to VAT; Types of expenses on which VAT can be reclaimed.

Criticizes the likely adoption of the flat tax, a single rate for income tax in Great Britain. Implication of the tax system to every taxpayer; Benefit of the flat tax rate; Stand of the British Department of Treasury on flat tax rates.

The article discusses the plans being drawn by the British government to expand the market for energy efficiency work in buildings by allowing companies to get a guaranteed flat-rate income from their installation. It notes that the proposed change will put the energy efficiency retrofit work on an equal footing with the construction of new power stations. It also cites introducing a supplier obligation or creating an energy efficiency feed-in tariff as the other two options being considered.

Reports that British Chancellor George Osborne has urged the Conservative Party to make an economic argument for lower, flatter taxes. Stand of Osborne on the position of Conservatives on the ability of the country to compete; Recommendation to prioritize flat-tax regime as a centerpoint of the party's economic policy; Assertion on the tendency for tax revenues to increase through higher compliance rates.