Labour unveils 'fairer' tax system

Press Association
PA
PA

%VIRTUAL-SkimlinksPromo%Tax reforms to encourage long-term business investment are being unveiled as part of a Labour plan to create a "fairer" system.

The party is looking at a number of measures to halt short-termism in the corporate world, including introducing a lower rate of capital gains tax for investors who stay the course and a system of tax reliefs to encourage companies to rely on equity rather than debt.