Travel firms try to charge fees and taxes over cancelled holidays

Desperate travel firms are attempting to claw money back from holidaymakers by charging ‘monstrous’ cancellation fees. Others are claiming their small print means part of the holiday is ‘non-refundable’, even when the customer is entitled to a full refund by law. Last week Money Mail exposed how airlines and travel agents are using underhand tactics … Read more

Property tycoon Mohamed Hadid owes $1.2million in back taxes on his disaster mega-mansion

Embattled Los Angeles property tycoon Mohamed Hadid owes almost $1.2 million in back taxes on his controversial mega-mansion that a judge has ordered to be torn down, DailyMail.com can reveal. The unpaid property taxes are revealed in new court documents filed by Douglas Wilson, the receiver appointed by LA Superior Court to oversee the demolition … Read more

Coronavirus UK: Rishi Sunak hints future taxes will be high

Rishi Sunak last night hinted that future taxes will have to rise to pay for the unprecedented economic bailouts for business, workers and the self-employed.  Unveiling a huge rescue package for Britain’s army of self-employed workers, the Chancellor said he had set aside economic orthodoxy to deal with the national emergency, but warned that would … Read more

Chancellor Rishi Sunak hints that taxes will rise in future to pay for his rescue packages 

Rishi Sunak last night hinted that future taxes will have to rise to pay for the unprecedented economic bailouts for business, workers and the self-employed.  Unveiling a huge rescue package for Britain’s army of self-employed workers, the Chancellor said he had set aside economic orthodoxy to deal with the national emergency, but warned that would … Read more

Chancellor Rishi Sunak ‘could REVERSE UK taxes to subsidise wages’

Workers in Britain could receive an emergency weekly wage subsidy in what would be the biggest state economic intervention since the Second World War. Chancellor Rishi Sunak is expected to unveil a huge package of wage subsidies today to help save stricken companies and employees amid the coronavirus crisis. Two of the measures being considered … Read more

RUTH SUTHERLAND: Good riddance to loathed taxes killing the High Street 

At long last, a Tory Chancellor has given the high street a break. Rishi Sunak’s bold move to abolish business rates for a year for around half of all small retailers, restaurants, hotels and others is a lifeline to entrepreneurs as they battle their way through the coronavirus. We just have to hope that the … Read more

Government pushes for greener businesses as taxes raised for gas bills but frozen for electricity

Government pushes businesses to go greener as taxes are raised for gas bills – but frozen for electricity rates Chancellor announced in the Budget that gas levies will rise  Changes will come into effect in April 2022  Electricity is better for the environment than gas – but is currently taxed more  By Grace Gausden For … Read more

Chancellor urged to slash taxes to save airlines

Chancellor urged to slash taxes to save airlines: 2,400 jobs go in Flybe collapse as industry faces £86 billion bill By James Salmon for the Daily Mail Published: 21:59 GMT, 5 March 2020 | Updated: 22:12 GMT, 5 March 2020 Airlines have pleaded with the Chancellor of the Exchequer to slash air passenger duty (APD) … Read more