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Square Mile paid a record £76bn to the taxman last year – representing 10% of all receipts By Daily Mail City & Finance Reporter Published: 23:13 GMT, 9 February 2021 | Updated: 23:13 GMT, 9 February 2021 The financial sector coughed up a record £75.6billion in tax last year, reiterating its importance to the UK … Read more
This fiendishly tricky brainteaser has left even the most eagle-eyed of puzzlers scratching their heads. The busy puzzle, created by GoSimpleTax to tie in with the Self Assessment deadline at the end of the month, challenges the nation to find the the taxman who is not wearing a face covering. According to the designers, the … Read more
As three more supermarkets hand back business rates relief, it’s a £1.8bn windfall for the taxman Sainsbury’s, Asda, Aldi and discounter B&M followed Tesco and Morrisons They paid back the windfall after their sales boomed in lockdown Ministers say the action is a ‘real model of good, healthy capitalism’ By Tom Witherow Financial Correspondent For The … Read more
HMRC ‘treat the victims of pension scams like criminals’: Taxman has benefited from the ‘proceeds of crime’ MPs are told Victims of pension scams, are being treated like criminals MPs heard yesterday The targets described feeling suicidal after their life savings vanished Some even face hefty fines because the schemes broke tax laws By Tom Kelly Investigations … Read more
Netflix is to start declaring its £1billion-plus UK revenues to the British taxman in move that will pressurise Google, Amazon and other tech giants to follow suit Netflix set to begin declaring its UK revenues to tax authorities from January Move comes after it vowed to declared its revenues in both France and Spain Company … Read more
Taxman being given new powers to seize bank customers’ financial details without their consent By Helen Cahill, Financial Mail On Sunday Published: 21:50 BST, 19 September 2020 | Updated: 21:50 BST, 19 September 2020 The taxman is being given new powers to seize bank customers’ financial details without their consent. New laws will allow the … Read more
Radio 2 star Ken Bruce got £100k rise amid claims that he was one of the corporation’s stars who had faced probe by taxman Presenter’s mid-morning show is most listened to radio programme in country The pay is £105,000 more than his pay of up to £284,999 the previous year BBC said pay also covers Bruce’s Eurovision … Read more
Residential landlords ‘cheating taxman out of £1.7bn’ a year, think-tank says That’s three times higher than £540m reported for 2010, Tax Watch said Money is lost as many landlords fail to declare income on self-assessment forms By Sarah Bridge for The Mail on Sunday Published: 22:31 BST, 8 August 2020 | Updated: 22:31 BST, 8 … Read more
Ladbrokes owner GVC plunges nearly 12% after it reveals it is being probed by the taxman By Matt Oliver For The Daily Mail Published: 22:44 BST, 21 July 2020 | Updated: 22:46 BST, 21 July 2020 Shares in Ladbrokes owner GVC plunged nearly 12 per cent after it said it was being probed by the … Read more
‘Scandalous’ RBS helped fraudsters cheat the taxman as High Court rules it was involved in £45m VAT fraud By Adam Luck For The Mail On Sunday Published: 22:31 BST, 20 June 2020 | Updated: 22:31 BST, 20 June 2020 Taxpayer-owned Royal Bank of Scotland was last night accused of ‘scandalous’ behaviour after the High Court … Read more