Draft laws herald a bumper finance bill

Tax column: sifting through the 269 A4 pages of major new tax proposals currently under discussion

Shifting the volume of draft legislation currently out for consultation would require the help of Arnold Schwarzenegger or a small crane. I now have five consultations on my desk, all scheduled to be introduced after the March Budget.

First, there are 28 pages on the draft legislation for enterprise management incentives (EMI). This is a gimmick to encourage key...

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