Trump’s tax-returns show he paid $750 in federal income taxes the year he won presidency

BREAKING: Trump’s tax-returns show he paid $750 in federal income taxes the year he won presidency, $750 in first year in office and paid no income tax in 10 out of the previous 15 years The president is said to have reported losing more money than he made   By Lauren Fruen For Dailymail.com Published: 22:29 … Read more

Supermodel Bar Refaeli is sentenced to 9 months of community service for evading taxes

Supermodel Bar Refaeli is sentenced to 9 months of community service in Israel – while her mother is jailed for 16 months for evading taxes on nearly $10m in income Model Bar Refaeli was sentenced Sunday to nine months of community service She was accompanied by her dad, Raffi, her mom, Zipi, and flanked by … Read more

Fury as Amazon admits paying just £73million more in taxes in Britain last year

Fury as Amazon admits paying just £73million more in taxes in Britain last year… despite racking up £3bn in extra sales Amazon paid £293million in ‘direct taxes’ last year despite an increase in sales  Online retailer racked up almost £3billion in extra sales even before covid-19   Amazon has published details of its finances in an … Read more

Cabinet minister Therese Coffey hints taxes should be CUT in the Budget

Cabinet minister Therese Coffey hints taxes should be CUT in the Budget despite claims Rishi Sunak could hike national insurance for self-employed to help fill Covid black hole in government finances Therese Coffey said lowering taxes could bring in more money for government Comments come amid rumours Treasury is drawing up tax rises after Covid … Read more

Amazon is accused of ‘opting out’ of paying fair taxes

Amazon has been accused of ‘opting out’ of the newly-imposed UK digital services tax after it announced plans to hit small businesses that sell items on its website with higher fees.   The multinational giant, which is valued at $1.5 trillion, has told businesses in the UK that it will increase its referral fees, fulfilment by Amazon fees, … Read more

All over-40s could face higher taxes to fund cost of care – expected to soar by £7billion a year 

All over-40s could face higher taxes to help fund the cost of care – which is expected to soar by an extra £7billion a year Prime Minister Boris Johnson considering options to end the social care crisis He is under pressure to solve the issue he promised to fix more than a year ago Johnson … Read more

Apple wins EU court battle over order to pay £12billion in back taxes

Apple wins EU court battle over order to pay £12billion in back taxes after the tech giant was accused of having an illegal sweetheart deal with Ireland Commission said Apple benefited from illegal state aid via two Irish tax rulings  These artificially reduced tax burden for over two decades, to 0.005% in 2014 Dublin controversially appealed … Read more

Callers were forced to wait 15 minutes to talk taxes with HMRC in May

Callers were forced to wait 15 minutes to talk taxes with HMRC in May- more than double the average waiting time for March By Money Mail Reporter For The Daily Mail Published: 22:01 BST, 14 July 2020 | Updated: 22:01 BST, 14 July 2020 Callers to HMRC customer services were put on hold for an … Read more

Rishi Sunak ‘will have to slash public spending or hike taxes to fund his £30 billion mini-budget’

Rishi Sunak will have to slash public spending or hike taxes to fill huge black hole in government’s books after his latest £30billion coronavirus mini-budget, warns former Justice Secretary David Gauke Chancellor Rishi Sunak unveiled ‘plan for jobs’ which could cost up to £30billion It is the latest in a number of interventions to dampen … Read more

Ex-chancellors urge Rishi Sunak to CUT taxes during coronavirus ‘recovery’

Ex-chancellors Philip Hammond, George Osborne and Alistair Darling urge Rishi Sunak to CUT taxes over the next two years while the UK is in coronavirus ‘recovery’ – but warn of 1980s-style unemployment levels and austerity to come later Three former chancellors gave evidence to the Commons Treasury Committee Philip Hammond, George Osborne, and Alistair Darling … Read more