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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