News

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

Editorial: Blame the tax loopholes

Chalk up another victory for the PR departments of the global investment banks. Some – including Goldman Sachs – are reportedly considering deferring bonuses for their UK staff until after 6 April to take advantage of the lower top rate of income tax. The prospect of too-big-to-fail banks using such a sly bit of avoidance to save their already over-remunerated staff a tax bill – and at the expense of the struggling British Exchequer – has understandably provoked disgust. Labour's Chris Leslie has warned them to "think carefully" about their reputations.

Editorial: An alarming spike in snooping

Few would dispute that the Government should work hard to pursue tax dodgers. And in such lean times as these, a crackdown can only be all the more welcome. After all, with nearly £7bn thought to be slipping through the net each year, there is much to be gained for the yawning public purse. But even so large a prize does not give the taxman carte blanche in his methods, and evidence of a sharp spike in snooping by the authorities is still cause for alarm, however worthy the cause.

Ignore the 50p tax rate grandstanding, its real effects are impossible to tell

The numbers we have simply don't stand up to scrutiny

Fears that taxman lacks resources to target evaders

The number of requests for information on individuals' tax affairs issued by the taxman has declined by 40 per cent, raising questions over whether HMRC is sufficiently resourced to clamp down on evasion and aggressive avoidance.

Fears that cuts are taking toll on taxman

The number of requests for information on individuals' tax affairs issued by the taxman has declined by 40 per cent, raising questions over whether HMRC is sufficiently resourced to clamp down on evasion and aggressive avoidance.

Whitehall's bid to save £50m, one paperclip at a time

Tax collectors have set up "swap shops" to redistribute surplus envelopes and briefcases. In one Whitehall outpost, staff are using ash from their bio-mass burner as garden fertiliser. Elsewhere, Home Office officials have taken to generating electricity from bootleg alcohol.

The Chancellor says the move could save the Treasury up to £2.5bn a year

Middle classes face 65% tax rate after child benefit squeeze

The Chancellor says the move could save the Treasury up to £2.5bn a year

Some find inner peace in champagne, others in filing a tax return

While most were topping up their glasses ready for a midnight toast, 160 Britons spent the hour after 11pm on New Year's Eve filing their tax return, according to HMRC.

Cleaners desperate for a pay rise left a note making their case on the Whitehall desk occupied during the day by Iain Duncan Smith, the Work and Pensions Secretary

Iain Duncan Smith launches scathing attack on tax credit abuse

More than £10 billion of public money has been lost in fraud and error under the tax credit system put in place by Labour, the Work and Pensions Secretary has claimed.

Starbucks is among companies criticised over their tax bill

Large companies paying less tax despite big increase in profits

Britain's biggest companies pay less tax now than they did 12 years ago, it was revealed today, while their profitability over that period has jumped.

The great HMRC telephone rip-off: Revenue's failure to answer the phone costs taxpayers £136m a year

Taxpayers are facing a bill of £136 million a year because of the inability of Her Majesty’s Revenue and Customs officials to answer the phone, a damning report from the Government’s spending watchdog will reveal tomorrow.

Failure of HMRC to answer the phone costs us £136m

Taxpayers are facing a bill of £136m a year because of the inability of Her Majesty's Revenue and Customs officials to answer the phone, a damning report from the Government's spending watchdog reveals today.

Barclay brothers drawn into tax controversy over Ritz

A delayed Panorama investigation into the billionaire Barclay brothers will claim that London's Ritz hotel - one of the jewels in the crown of the twins' property portfolio – has not paid any corporation tax since it was acquired by them 17 years ago.

An investigation will claim that the Ritz hotel – owned by reclusive Channel island tycoons David and Frederick Barclay – has incurred no corporation tax since the pair acquired it in the mid-1990s

Barclay brothers drawn into tax controversy over Ritz investment

A delayed Panorama investigation into the billionaire Barclay brothers will claim that London's Ritz hotel – one of the jewels in the crown of the twins' property portfolio – has not paid any corporation tax since it was acquired by them 17 years ago.

The Prince's environmental values have been called into question

Prince Charles attacked over tax payments

Clarence House defended the Prince of Wales' financial arrangements today after he was reported to authorities over claims the Duchy of Cornwall is a "well entrenched tax avoidance scheme".

News
people

Harry Potter actor suffered 'severe flu-like symptoms' on a flight from London to Orlando

Sport
Kim Sears is reported to have directed abuse at Berdych
tennis
News
news

Rap music mogul accused of running two men over in his truck

News
Gywneth Paltrow proposed that women seek out a special herbal steam-treatment service
news
News
Toronto tops the charts across a range of indexes
news

World cities ranked in terms of safety, food security and 'liveability'

Voices
A mother and her child
voices
Arts and Entertainment
tv

First full-length look is finally here

Voices
The veterans Mark Hayward, Hugh Thompson and Sean Staines (back) with Grayson Perry (front left) and Evgeny Lebedev
charity appealMaverick artist Grayson Perry backs our campaign
Arts and Entertainment
film
Arts and Entertainment
Peppa Pig wearing her golden boots
film

"Oink! Oink! Hee hee hee!" First interview with the big-screen star

Career Services

Day In a Page

Independent Travel
Pompeii, Capri & the Bay of Naples
Dubrovnik, the Dalmatian Coast & Montenegro
Burgundy, the River Rhone & Provence
Lisbon, Oporto and the Douro Valley
Lake Garda, Venice & Verona
Spain
Prices correct as of 23 January 2015
Isis hostage crisis: The prisoner swap has only one purpose for the militants - recognition its Islamic State exists and that foreign nations acknowledge its power

Isis hostage crisis

The prisoner swap has only one purpose for the militants - recognition its Islamic State exists and that foreign nations acknowledge its power, says Robert Fisk
Missing salvage expert who found $50m of sunken treasure before disappearing, tracked down at last

The runaway buccaneers and the ship full of gold

Salvage expert Tommy Thompson found sunken treasure worth millions. Then he vanished... until now
Homeless Veterans appeal: ‘If you’re hard on the world you are hard on yourself’

Homeless Veterans appeal: ‘If you’re hard on the world you are hard on yourself’

Maverick artist Grayson Perry backs our campaign
Assisted Dying Bill: I want to be able to decide about my own death - I want to have control of my life

Assisted Dying Bill: 'I want control of my life'

This week the Assisted Dying Bill is debated in the Lords. Virginia Ironside, who has already made plans for her own self-deliverance, argues that it's time we allowed people a humane, compassionate death
Move over, kale - cabbage is the new rising star

Cabbage is king again

Sophie Morris banishes thoughts of soggy school dinners and turns over a new leaf
11 best winter skin treats

Give your moisturiser a helping hand: 11 best winter skin treats

Get an extra boost of nourishment from one of these hard-working products
Paul Scholes column: The more Jose Mourinho attempts to influence match officials, the more they are likely to ignore him

Paul Scholes column

The more Jose Mourinho attempts to influence match officials, the more they are likely to ignore him
Frank Warren column: No cigar, but pots of money: here come the Cubans

Frank Warren's Ringside

No cigar, but pots of money: here come the Cubans
Isis hostage crisis: Militant group stands strong as its numerous enemies fail to find a common plan to defeat it

Isis stands strong as its numerous enemies fail to find a common plan to defeat it

The jihadis are being squeezed militarily and economically, but there is no sign of an implosion, says Patrick Cockburn
Virtual reality thrusts viewers into the frontline of global events - and puts film-goers at the heart of the action

Virtual reality: Seeing is believing

Virtual reality thrusts viewers into the frontline of global events - and puts film-goers at the heart of the action
Homeless Veterans appeal: MP says Coalition ‘not doing enough’

Homeless Veterans appeal

MP says Coalition ‘not doing enough’ to help
Larry David, Steve Coogan and other comedians share stories of depression in new documentary

Comedians share stories of depression

The director of the new documentary, Kevin Pollak, tells Jessica Barrett how he got them to talk
Has The Archers lost the plot with it's spicy storylines?

Has The Archers lost the plot?

A growing number of listeners are voicing their discontent over the rural soap's spicy storylines; so loudly that even the BBC's director-general seems worried, says Simon Kelner
English Heritage adds 14 post-war office buildings to its protected lists

14 office buildings added to protected lists

Christopher Beanland explores the underrated appeal of these palaces of pen-pushing
Human skull discovery in Israel proves humans lived side-by-side with Neanderthals

Human skull discovery in Israel proves humans lived side-by-side with Neanderthals

Scientists unearthed the cranial fragments from Manot Cave in West Galilee