The BBC has reported upon the cuts being made to the Arts Council for Wales (ACW) in a recent article. The article, which was constructed to act more as a pre-emptive tug at the heart strings of theatre goers, suggests that the £300,000 cut to the budget would represent “potential problems” for the Council.
I’m not at this point going to start bashing everything artistic. After all, the creative industry is a multi-million pound industry and our artistic work differentiates us from every other species, but there is no question that many grants have been given to art that is by no means inclusive to the wider populace. Continue Reading
Shadow Chancellor Ed Balls wrote in today’s Evening Standard about his alarming Mansion Tax plan. So, Mr Balls, can you answer these nine questions:
1. What bands and how much?
You said that those in homes valued between £2m and £3m will have to pay an extra £3,000 a year. But what would the other bands be, and how much would be payable in each band?
News broke this week from The Treasury that the “tax gap” between what is owed to HMRC and what is actually collected hit £34 billion last year. It’s an eye-catching figure and it understandably makes the millions of taxpayers who pay every penny they’re asked wonder why they bother.
HMRC attributed some £3.1 billion of the gap to tax avoidance, whilst another £14.2 billion came from uncollected Income Tax, National Insurance Contributions and Capital Gains tax. £12.4 billion of the gap came from VAT, whilst £3.9 billion of Corporation Tax and £2.9 billion of excise duties went AWOL. Continue Reading
A ground-breaking study into the amount of office space provided by public bodies to trade unions has revealed that many organisations up and down the country are ignoring government advice to restrict the use of taxpayer-subsidised facilities.
Over the last financial year, the total area provided to trade unions was 273,753 square feet, which is equivalent to the size of the Grand Kremlin Palace in Moscow. Despite this space having a market value of up to £27.4 million if it were in Central London, our research was only able to identify £307,093 in rental payments from the unions.
After another successful year, it’s time once again for our Annual Review. In our tenth year, we’re trying a new format – quite obviously inspired by our Chief Executive Jonathan Isaby’s journalistic past!