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Tax bills for savings interest you weren’t paid? HMRC still estimating earnings based on previous years despite 2020’s plunging rates By Sylvia Morris For The Daily Mail Published: 22:00 GMT, 22 December 2020 | Updated: 22:25 GMT, 22 December 2020 Savers are facing baffling tax bills for interest they haven’t actually earned. HMRC estimates how … Read more
RUTH SUNDERLAND: Persecution of supposedly rich, whilst imagining rest of us can escape share of bill not realistic way to repair national balance sheet Covid-19, a virus with no respect for wealth or status, has reminded us of our common humanity It has also exposed deep inequalities – we may be in the same storm … Read more
Prince Harry and Meghan Markle’s new business partner Spotify paid less than £1million in UK taxes last year despite earning £6billion globally, reports claim. The Sussexes recently signed a £30million deal with the streaming service to produce and host their own shows as part of the newly formed Archewell Audio. Their latest venture will begin with a ‘holiday … Read more
Green taxes on electricity could be scrapped as part of a sweeping overhaul of the energy market By Harriet Dennys, Financial Mail On Sunday Published: 21:54 GMT, 12 December 2020 | Updated: 22:42 GMT, 12 December 2020 Green taxes on electricity could be scrapped as part of a sweeping overhaul of the energy market. Chancellor … Read more
BREAKING NEWS: Hunter Biden reveals he is under federal investigation over his taxes but says he is confident he will be cleared – as his father Joe says he is ‘deeply proud’ of troubled son Hunter Biden put out a statement Wednesday saying his taxes are being investigated by the U.S. Attorney’s Office in Delaware … Read more
50 Cent endorses Donald Trump based on his tax policies and says he doesn’t ‘care Trump doesn’t like black people’ By Dailymail.com Reporter Published: 00:10 BST, 20 October 2020 | Updated: 00:20 BST, 20 October 2020 50 Cent endorsed Donald Trump based on his tax policies in a tweet Monday, and said he doesn’t ‘care … Read more
Increasing taxes to pay for the Covid crisis would be ‘an act of self-sabotage’ which would derail Britain’s economic recovery, Rishi Sunak was warned last night. The Chancellor has repeatedly signalled that tax rises will be needed to repair the battered public finances. With Britain’s national debt topping £2trillion for the first time and borrowing … Read more
Rishi Sunak must CUT and simplify taxes to revive the economy after hammer blow from coronavirus lockdown, warn economists Institute of Economic Affairs report calls on Rishi Sunak to reform tax system It suggests Chancellor can learn the lessons from recent history to boost growth Report calls for income tax to be capped at 40 … Read more
Taxes could have to soar by £60billion to avoid a new wave of austerity after the coronavirus crisis, experts warned today. The respected IFS think-tank said an income tax rise of 6p or 7p for every £1 earned could be needed to cover extra public spending over the next five or six years. It also … Read more
BREAKING: Trump’s tax returns shows he paid $750 in federal income taxes the year he won presidency, no income tax for 10 years and reported vast business losses The president is said to have reported losing more money than he made By Lauren Fruen For Dailymail.com Published: 22:29 BST, 27 September 2020 | Updated: 22:41 … Read more