Sustainable businesses 'should receive tax cuts'

News Article - 24 May 2012
Category:

Firms which use sustainable practices in business should be rewarded by the chancellor with cuts in corporation tax, an accountancy company has said.

The Guildford branch of PFK is calling for the cuts as an incentive for other companies to become more eco-friendly, with a proposal of reducing tax to 25 per cent for businesses which are carbon neutral, the Surrey Advertiser reports.

"Business is tired of being harangued over its environmental performance by a government that has increased its tax burden and the level of red tape but given no financial incentive to improve," said Peter Jun Tai, PKF's tax partner.

He added that the government should provide more incentives for companies to make green investments and give them a target to aim for.

Gordon Brown sent a message to homeowners through the announcement of a stamp duty exemption for carbon-neural houses; it is now time for him to do the same for businesses, Mr Jun Tai concluded.

Earlier this month, head of PC building company Dell told the Consumer Electronics Show in Las Vegas that IT should take the lead in environmental issues.

Article keywords: The new version of SQL Server is set to be launched towards the end of next February, Microsoft has announced.<br/><br/>Plans to release the product, along with Windows Server 2008 and Visual Studio, were outlined at the recent Worldwide Partner Conference in Denver by Kevin Turner, the computing giant's chief operating officer.<br/><br/>Allison Watson, corporate vice president of the Worldwide Partner Group at Microsoft, described the release event as creating &quot;a wealth of opportunity for Microsoft partners&quot;.<br/><br/>The firm is now suggesting that partners planning to invest in the latest SQL Server of other products prepare themselves by finding out more about the software, with many joining up to the Certified for Windows Server 2008 early access programme. <br/><br/>Microsoft states that the new version of SQL Server will be more reliable and allow for better management and scalability.<br/><br/>The 2008 edition is also set to cut the time and cost of managing data infrastructure, the firm adds.<br/>

---

More industry news

• Think tank warns UK may have already slipped back into recession
• Growing demand for HR staff in technology and international sectors
• Boosting business growth a ‘priority’ to avoid Eurozone slowdown
• HMRC launches alternative disputes pilot scheme this week
• December employment statistics disregard gloomy recruitment predictions
• Eurozone manufacturing PMI shows modest improvement
• UK scores highly for economic governance by ratings agency
• Government launches two-year project focusing on manufacturing sector
• Burden of regulation on UK businesses ‘too high’

Back to news home page »