THE BIG SQUEEZE

摘要

It's no secret that the government is looking through old suit pockets and putting its hand down the back of Downing Street sofas to find money. This year, the total amount of tax HM Revenue and Customs forecasts that it will take in is ￡41bn less than last year (￡439bn for the year to 31 March 2010 compared with ￡398bn). Corporation tax income will be slashed even more dramatically, by ￡10bn, from ￡43bn in 2008/09 to ￡33bn in 2009/10.