The Chancellor George Osborne is to set out a plan to reduce corporation tax to 20% in next week's Budget.
The highest rate offered on fixed-term five-year cash ISAs is down 10% on last year, from 5% to 4.5%, according to a comparison report released today.
Business secretary Vince Cable has signalled that the Liberal Democrats are willing to scrap the 50p tax rate, in exchange for a "mansion tax" on high value property.
The government must make reforms to improve transparency and clarity around tax on annuities and trivial commutation of pension pots, the Office for Tax Simplification (OTS) has said.
George Osborne is preparing to alter plans to strip some middle income families of child benefit ahead of a House of Commons debate on the issue.
British taxpayers have wasted £88.6bn in tax relief over the last decade, and will waste a further £12.6bn in 2012 alone, a new report suggests.