Tax
Laws contradicts Clegg with call to cut 50p tax
Andrew Grice: Companies and entrepreneurs could quit Britain unless the 50p top rate of income tax is abolished a Liberal Democrat former cabinet minister, warned yesterday.
Inside Tax
Rivals both claim win over Yukos decision
Wednesday, 21 September 2011
Russia violated the rights of the now-defunct oil behemoth Yukos, the European Court of Human Rights ruled yesterday.
'Unfair and too complex': tax rules attacked in IFS report
Wednesday, 14 September 2011
The tax system is "inefficient, overly complex and frequently unfair", according to a report by the Institute for Fiscal Studies think tank. The report also warned that it is "not clear" whether the 50p tax rate on incomes over £150,000, introduced by the previous Labour government, will raise any revenue at all.
Osborne's targeting of overseas tax havens 'appalling deal for UK'
Friday, 26 August 2011
Andrew Grice: Panama and the British Virgin Islands will be the Chancellor's next targets as he extends his crackdown on tax havens used by rich Britons to salt their assets away.
Withdraw 'pointless' 50p tax rate, says George Osborne
Monday, 15 August 2011
George Osborne has confirmed he wants to scrap the 50p top rate of tax because it is not raising significant amounts of money for the Treasury.
MPs warn of dissatisfaction with tax service
Saturday, 30 July 2011
Considerable dissatisfaction exists among the public and tax professionals with the service provided by Her Majesty's Revenue and Customs (HMRC) to taxpayers and benefit claimants, a group of MPs has warned.
VAT man clamps down on tax dodgers
Tuesday, 5 July 2011
A clampdown on tax dodgers was launched today as traders who have failed to register to pay VAT were given a chance to come forward.
Taxman turns his sights to online auction sites
Sunday, 19 June 2011
First it was plumbers, doctors and restaurateurs, now it's eBay traders.
Time is running out for holiday home tax relief
Sunday, 12 June 2011
Allowances are set to change, bringing to an end a way of offsetting costs against properties that are let to tourists. Chiara Cavaglieri reports
Virgin lands VAT windfall of £80m
Wednesday, 8 June 2011
Virgin Media has secured an £81.5m refund from the taxman after drawn out negotiations over its Value Added Tax payments.
Inheritance tax valuations targeted by HMRC
Sunday, 5 June 2011
HM Revenue & Customs launched 9,368 investigations into inheritance tax valuations last year and is targeting estates and beneficiaries, warns UHY Hacker Young, the national accountancy firm.
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