More Pep For Peps

I HATE to spoil a good party, but the stone-cold certain bet of the Budget speech is that Mr Lawson will congratulate himself on having created a nation of shareholders. He......

Put And Take

HOPES of a wider reform of capital gains tax are bubbling up, as so often at Budget time. They carry threats with them. I have long argued that a Chancellor wishing to stop a......

Amber Light

IS Nigel Lawson the revenue-raiser taking his cue from a seldom-praised Chancellor, Winston Churchill? In one of his Budget speeches in the 1920s, Churchill paused to drink from......

For Poorer, For Poorer

A CLASS of owners long since punished are those who marry one another. Hus- band and wife can opt to be taxed jointly or separately — but only on their earned incomes.......

City And Suburban

The secret of a popular Budget collect more tax CHRISTOPHER FILDES W ith one bound Nigel is free. See him saunter towards his Budget, pockets jing- ling, while an approving......

Tying Pay To Profit

ONE proven form of direct ownership was penalised last month. Profit-sharing co- operatives like the John Lewis Partnership were told that distributions of profit from their......