All news on the topic: Tax
565
UK plans sweeping HMRC powers to force taxpayers to correct errors or face harsher penalties
Draft legislation published by HMRC last week introduces an explicit obligation on taxpayers to take ’reasonable action’ to correct errors once they are identified.
631
HMRC to recover Winter Fuel Payments through tax code changes for thousands of pensioners
State pensioners with an annual income of more than £35,000 will be charged £33 extra per month in tax, His Majesty’s Revenue and Customs (HMRC) has confirmed.
626
Burnham says no decision yet on raising tax-free allowance ahead of Budget
Andy Burnham has confirmed there is ’no commitment’ from the government to increase the personal tax allowance and said ’we will look at that at the budget’, in an update issued this morning.
699
Rural landlords targeted in Labour’s ‘nice pub tax’ business rates overhaul
Rural landlords are to be impacted by a “nice pub tax” under new government guidelines.
651
Pernod Ricard under fire in India over claims it hid whisky age and composition to cut taxes
Indian investigators have concluded Pernod Ricard withheld the age and composition of its Scotch whisky imports to hide their true value and pay lower tariffs, sparking a legal fight after the French company was asked to pay $314 million in back taxes, documents show.
655
European bank executives face criminal risk as France targets Lebanon money exodus
The investigation in France marks a significant step toward holding financial institutions accountable for the illicit transfer of wealth that worsened Lebanon’s historic economic collapse.
648
Reform tax plan sparks backlash as airline-linked funding raises red flags
Reform’s Robert Jenrick vowed to cut a tax on flights - after being bankrolled by the owner of an airline which would benefit from his policy.
644
Roman and Anton Chichkanov funneled millions of rubles through the MayrVeda SPA hotel with the help of Moscow lawyer Natalia Yurova
New details have surfaced regarding the tax optimization strategies employed by Roman and Anton Chichkanov, associated with the Kislovodsk SPA hotel MayrVeda.
701
Markus Campbell-Savours rebels on Budget vote to defend farmers from tax changes
Penrith and Solway MP Markus Campbell-Savours voted against the plans to impose inheritance tax on farmers on Tuesday night during a series of votes on the Budget.
1197
‘Ultra-Rich’ Royals should pay more tax, says David Dimbleby
The veteran broadcaster, 87, directed criticism at the ’billionaire’ monarch, 77, questioning why the royals are exempt from capital gains and corporation tax.
791
Taxpayers’ Alliance says drinkers pay £200 more a year as alcohol taxes climb
On average, struggling locals are handing over staggering sums to the taxman, according to new data from the Taxpayers’ Alliance.
689
Nigel Farage out of step with Reform voters as majority back wealth tax, poll finds
Best for Britain think tank says the figures show Nigel Farage is ’out of step with his base’ on taxation
816
Rachel Reeves eyes new ‘milkshake tax’ as Treasury hunts for £20bn
Rachel Reeves is set to announce a so-called "milkshake tax" in a bid to fill her £20 billion budget black hole.
624
Nigel Farage encounters new tax inquiries as he alters his account regarding the luxury home
Slippery Nigel Farage faces fresh questions over his tax affairs as the Mirror can reveal he changed his story not once but twice over the purchase of his luxury constituency home.
738
Greece introduces €1.6 billion relief package to tackle population decline
Greece has announced drastic measures, including tax breaks and other financial incentives, to address a population decline that is on track to make it the oldest nation in Europe.
884
Resident pays to remove offensive graffiti outside Angela Rayner’s home
A resident has paid for the clean-up of graffiti outside Angela Rayner’s flat in Hove, according to the Brighton and Hove City Council.
767
Angela Rayner could be dismissed as early as today if she broke the ministerial code
Angela Rayner could be dismissed as early as today if Sir Keir Starmer’s ethics adviser determines that she violated the ministerial code by underpaying stamp duty on her £800,000 seaside flat.
1910
Farage pays 25% tax via his firm while slamming ‘common enemy’ tax dodgers
Nigel Farage is using a private company to minimize his tax liability on his GB News media appearances and other external employment in an arrangement similar to that of a television star, a practice that major broadcasters have come to disapprove of in recent years.
878
Police probe graffiti attack on Angela Rayner’s hove flat amid tax row
Police have launched an investigation after a property tax dispute resulted in Angela Rayner’s seaside home being vandalized.
892
Conveyancing firm claims it provided no tax advice in Rayner flat purchase
The conveyancing firm that Angela Rayner used to complete her purchase of an £800,000 flat on the south coast said it did not offer her tax advice and completed her stamp duty return based only on information she provided.
838
‘Tax Evader B**’: Angela Rayner’s Hove flat defaced with foul graffiti in stamp duty scandal
Angela Rayner’s controversial Hove seaside flat at the centre of the stamp duty row surrounding the deputy PM has been defaced with graffiti.
714
Critics accuse Starmer of hypocrisy after defending Rayner in stamp duty row
The Prime Minister has supported Angela Rayner after she acknowledged an underpayment of stamp duty on a seaside flat, which led to Opposition calls for her resignation.
714
Angela Rayner admits underpaying tax on £800k flat
Angela Rayner has acknowledged for the first time that she had not paid enough stamp duty when she bought an £800,000 flat in Hove earlier this summer.
736
UK manufacturing nears end of downturn as output and optimism rise, PMI shows
Britain’s manufacturers, affected in recent months by trade wars and higher taxes, edged closer to a return to growth in July, and executives were the most optimistic they have been in five months, according to a survey published on Friday.
881
‘Beautiful law’ with a catch: US introduces new levy on migrants’ money
Immigrants in the U.S. will have to pay a new tax on money sent to their home countries, which may push them toward underground money moving networks.
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