Revealed: One in four of the UK's top companies pay no tax while we give THEM millions in credits tax year, about nine per cent of the total tax take. In comparison, income taxes raised 151 billion (32 per cent of the total), while VAT raised 98 billion (21 per cent). The companies who got a credit from the taxman were Experian, RSA Insurance Group, security group G4S, telecoms firm Vodafone, aerospace and defence group Rolls-Royce and engineering company IMI.
Now workers face waiting until 70s for a state pension: But new flat rate means mothers won't lose out in most radical reforms for a century David Cameron and Nick Clegg will announce plans for new flat-rate pension New rate will be more generous and is expected to be worth 155 a weekBut the state pension age will increase further in years aheadIain Duncan Smith said the changes will be 'brilliant for women' By James Chapman PUBLISHED: 00:47 GMT, 5 January 2013 | UPDATED: 02:01 GMT, 5 January 2013 Women will benefit from the most radical pension reforms for a century – but younger workers will have to delay their retirement into their 70s and beyond, it emerged last night. David Cameron and Nick Clegg will next week outline plans for a new, more generous flat-rate pension, expected to be worth 155 a week. But the sting in the tail is that the state pension age – already set to rise to 67 for both men and women between 2026 and 2028 – will increase further in the years ahead