- Tax RSS Feed

Crackdown on civil service tax avoiders

Thu, 24 May 2012 00:00:01 +0100

The Government is to launch a crackdown on high-earning public sector workers who are able to avoid tax by being paid through private companies.

BBC to air allegations of UK firms avoiding tax

Fri, 11 May 2012 00:00:01 +0100

Several major UK firms cut secret tax deals with Luxembourg authorities to avoid paying corporation tax in Britain, it will be alleged next week.

Government's charity tax cap will cost 10,700 jobs, claims report

Wed, 09 May 2012 00:00:01 +0100

The total cost of the Government's decision to cap tax relief on charity donations could be £1.5bn a year, new research suggests.

Thousands of civil servants paid via private firms to cut tax bills

Thu, 03 May 2012 00:00:01 +0100

The Government is paying more than 2,000 senior public officials "off payroll", allowing them to avoid thousands of pounds in tax, it emerged last night.

Goldman Sachs pays £4.1m tax on £1.9bn profit

Fri, 27 Apr 2012 00:00:01 +0100

The London arm of Goldman Sachs paid only £4.1m in corporation tax to the Treasury last year despite making pre-tax profits of £1.92bn, annual accounts have revealed.

Former Shell chief joins attacks on Government tax relief cap

Fri, 20 Apr 2012 00:00:01 +0100

The City grandee Sir Mark Moody-Stuart has joined the argument over the Government's plans to cap tax relief on charitable donations. He warned the so-called charity tax will hit current donation levels.

Tax-relief cap on gifts 'not Conservative'

Thu, 19 Apr 2012 00:00:01 +0100

Lord Ashcroft, the former deputy Tory chairman, has attacked the Government's plans to cap the tax relief on charitable donations as "profoundly un-Conservative".

Tax-avoidance could backfire on companies

Sat, 14 Apr 2012 00:00:01 +0100

Tax has become the latest battleground for ethical investors, but their message sends out a warning to anyone who invests in shares.

Treasury says tax cap on giving won't hurt charities

Fri, 13 Apr 2012 00:00:01 +0100

Vince Cable yesterday became the most senior minister to openly question the Government’s plans to restrict tax relief on charitable donations after intensive lobbying from universities.

Ministers' anger at charity tax could force George Osborne to back down

Thu, 12 Apr 2012 00:00:01 +0100

George Osborne may soften the blow to charities of his plan to cap tax relief on donations amid a growing backlash from philanthropists, Cabinet ministers and senior Tory MPs.

Outrage as Treasury plans 'Granny Tax II'

Mon, 09 Apr 2012 00:00:01 +0100

The basic state pension could be taxed at source under a proposal that would fuel the pensioners' revolt against the "granny tax" announced in last month's Budget.

Poorer families face £3,000 tax bombshell

Thu, 05 Apr 2012 00:00:01 +0100

Families with children will be an average of £511 a year worse off from tomorrow despite the Government's trumpeted rise in personal tax allowances.

Julian Knight: 'Granny tax' trick will prove to be a dead rabbit

Sun, 25 Mar 2012 00:00:01 +0000

Cutting the highest rate of income tax and launching an attack on the retired or soon-to-be-retired, would be described as "courageous" in Yes, Minister speak – yes, it was that bad.

Rich to rule in Osborne's new tax regime