News

UK sales for 2013 surge to $5.6bn, bringing its corporation tax arrangements back into the spotlight

Taxing times: The politics of Ed Balls’s pledge to reintroduce the 50p rate may be sound. But the economics are not

The 50p rate simply does not bring in enough money to justify its own existence

Jim Armitage: George Osborne's vow to raise £3.4bn from tax dodgers was cuckoo

Outlook If there's one thing you'll get accountants to agree with, it's that government pledges to recoup billions from tax avoiders are always massively overstated.

It's better to get your tax return done now

Consumer Rights: Time's running out to keep the taxman off your back

The deadline for filing your 2012-13 return is midnight on 31 January, otherwise you'll be fined

'My goldfish died': 10 oddest excuses for late tax returns

HM Revenue and Customs reveals 10 most bizarre excuses for sending in a late return

Money alert: Fines if you miss the January tax deadline

If you pay tax through self-assessment the deadline for online returns for the 2012-13 tax year is midnight on 31 January.

A flooded car park nearTewkesbury Cathedral in Gloucestershire as heavy rain and strong winds continue across the country
The Treasury struck a deal with Swiss authorities it hoped would result in £3bn being recouped in unpaid tax. HMRC has only collected £440m revenue to date

Take from the poor, but not the rich: Tax authorities accused of 'siding' with big business over small firms and individuals

HMRC ‘holds back’ from pursuing big avoiders, says Commons committee, and public pays the price

More job losses likely as government departments face further budget cuts

Government departments will have to find a further £3bn of cuts over the next three years, in a move likely to result in further job cuts and programme closures.

Minimum wage must be enforced on pay-cheat bosses, says think tank

Tougher action is needed to enforce the national minimum wage and tackle rogue employers who refuse to pay the statutory rate, a new report has urged.

Royal Bank of Scotland’s controversial Global Restructuring Group demanded that companies falling within its remit stopped paying tax

RBS told customers to stop paying tax

RBS’s effect on firms ‘made me sick’, says Lawrence Tomlinson in report to the Department of Business, Innovation and Skills

Countries with poor tax collection may lose international aid, says Justine Greening

International Development Secretary Justine Greening has hinted that the Government may look at reducing aid funding for countries that are not properly collecting taxes.

Grieving relatives and crime victims are among millions of people forced to pay premium rates to ring government helplines, a parliamentary committee reported

Premium rate Whitehall helplines hit poor hardest - with half the cost coming from being on hold

Grieving relatives and crime victims are among millions of people forced to pay premium rates to ring government helplines, a parliamentary committee reported today.

Margaret Hodge has said she would be recalling the head of HMRC to give evidence about its failure to collect the tax it was due

Revealed: £4.7bn corporation tax lost through evasion and avoidance as Royal Mail is sold for £650m less than it is worth

New figures show £1 in every £10 of corporation tax is spirited away from the taxman as HRMC does not count controversial schemes run by companies such as Google, Amazon and Starbucks

£35bn in tax not collected

Figure is £1 billion higher than in the previous period

Cigarette companies accused of supplying black market in Britain

MPs says Treasury is being cheated by firms that deliberately flood European markets

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Fishing for votes with Nigel Farage: The Ukip leader shows how he can work an audience as he casts his line to the disaffected of Grimsby

Fishing is on Nigel Farage's mind

Ukip leader casts a line to the disaffected
Who is bombing whom in the Middle East? It's amazing they don't all hit each other

Who is bombing whom in the Middle East?

Robert Fisk untangles the countries and factions
China's influence on fashion: At the top of the game both creatively and commercially

China's influence on fashion

At the top of the game both creatively and commercially
Lord O’Donnell: Former cabinet secretary on the election and life away from the levers of power

The man known as GOD has a reputation for getting the job done

Lord O'Donnell's three principles of rule
Rainbow shades: It's all bright on the night

Rainbow shades

It's all bright on the night
'It was first time I had ever tasted chocolate. I kept a piece, and when Amsterdam was liberated, I gave it to the first Allied soldier I saw'

Bread from heaven

Dutch survivors thank RAF for World War II drop that saved millions
Britain will be 'run for the wealthy and powerful' if Tories retain power - Labour

How 'the Axe' helped Labour

UK will be 'run for the wealthy and powerful' if Tories retain power
Rare and exclusive video shows the horrific price paid by activists for challenging the rule of jihadist extremists in Syria

The price to be paid for challenging the rule of extremists

A revolution now 'consuming its own children'
Welcome to the world of Megagames

Welcome to the world of Megagames

300 players take part in Watch the Skies! board game in London
'Nymphomaniac' actress reveals what it was really like to star in one of the most explicit films ever

Charlotte Gainsbourg on 'Nymphomaniac'

Starring in one of the most explicit films ever
Robert Fisk in Abu Dhabi: The Emirates' out-of-sight migrant workers helping to build the dream projects of its rulers

Robert Fisk in Abu Dhabi

The Emirates' out-of-sight migrant workers helping to build the dream projects of its rulers
Vince Cable interview: Charging fees for employment tribunals was 'a very bad move'

Vince Cable exclusive interview

Charging fees for employment tribunals was 'a very bad move'
Iwan Rheon interview: Game of Thrones star returns to his Welsh roots to record debut album

Iwan Rheon is returning to his Welsh roots

Rheon is best known for his role as the Bastard of Bolton. It's gruelling playing a sadistic torturer, he tells Craig McLean, but it hasn't stopped him recording an album of Welsh psychedelia
Morne Hardenberg interview: Cameraman for BBC's upcoming show Shark on filming the ocean's most dangerous predator

It's time for my close-up

Meet the man who films great whites for a living
Increasing numbers of homeless people in America keep their mobile phones on the streets

Homeless people keep mobile phones

A homeless person with a smartphone is a common sight in the US. And that's creating a network where the 'hobo' community can share information - and fight stigma - like never before