News

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

HMRC warns late tax return filers will face 'debt-recovery actions'

Some 300,000 Britons who haven't filed tax returns for 2011 could face "debt-recovery actions" including court proceedings and seized assets if they continue to ignore the Revenue's approaches next year.

Geri Halliwell and Danny Alexander on The Andrew Marr Show yesterday

Danny Alexander warns firms who use legal tax avoiding schemes that payment is an 'obligation' not an 'option'

Multinational firms who use tax havens and other legal tax avoiding devices were told today that paying tax is not an “option” like putting money on a collection plate, but an “obligation”.

The maths...
£315m - amount Treasury plans to claw back through tougher childcare rules
£2.2bn - cost of tax credits error and fraud in 2010-11
£1,920 - maximum amount a family can claim in working tax credit
£150m - amount per year the poorest 10 per cent of households will lose under plans to cut all benefits in real terms
400,000 - number of people who will lose money under new universal credit

Families hit by tax credit red tape

More than 500,000 households must now send proof to HMRC of their childcare spending

Johnny Depp stars as Captain Jack in Pirates of the Caribbean

Pirates of the Caribbean franchise partly funded by rich British investors trying to avoid paying tax

Revelation emerged in testimony to the House of Commons Public Accounts Committee

Hard-pressed drivers were given some respite as Osborne scrapped the fuel duty rise

Autumn Statement at a glance

Hard-pressed drivers were given some respite as Osborne scrapped the fuel duty rise

George Osborne goes for growth (by firing 10,000 civil servants)

Chancellor warns he will squeeze departmental budgets so he can find £5bn to boost economy

Coffee giant to raise contributions ahead of Autumn Statement

Starbucks has bowed to the public outcry over its tax affairs and agreed to amend its operation, increasing its rate of corporation tax contributions.

Starbucks has agreed to increase its rate of corporation tax contributions

Starbucks says it will start paying more UK tax - but baristas face cutbacks

Starbucks has bowed to the public outcry over its tax affairs and agreed to amend its operation, increasing its rate of corporation tax contributions, but 7,000 of the coffee giant's staff in the UK are now faced with cutbacks to their paid lunch breaks and sick leave.

David Cameron rules out 'naming and shaming' multinationals who fail to pay their 'fair share' of tax

David Cameron has ruled out “naming and shaming” large multinational companies who fail to pay their “fair share” of tax in Britain.

Theresa May defends internet surveillance plans dubbed 'snooper's charter' by opponents

Lives will be saved by new internet powers allowing security services and police to snoop on emails, web visits and social networking sites, Home Secretary Theresa May has said. 

Global giants must be 'named and shamed' over tax avoidance

MPs calls for end to 'sweetheart deals' and insist multinationals should be prosecuted for not paying enough tax

It's unfair on the ordinary taxpayer

The fact that Manchester United and other clubs paid no corporation tax can't be right. Multimillion-pound football clubs shouldn't be able to beat the tax system. Loopholes should be closed. It might not be illegal, but it's wrong when others have to pay taxes in full.

Alcohol still discovered in garden shed

Officials have warned of the dangers of illegal alcohol following the discovery of a home-made still in a garden shed.

Editorial: Let the buyer beware

The Public Accounts Committee has lived up to its name. By extracting information from Amazon about the true size of the online retailer's UK revenues, the House of Commons committee has held a powerful firm to account – and dragged some germane information into the debate about corporate tax avoidance.

UK Sale: £1.2bn... UK Tax: £0

Sketch: Getting to the bottom of Starbucks' tax arrangements is a study in exasperation

If nothing else the questioning of the country’s top taxperson was a study in exasperation today. Understandably, the Commons Public Accounts Committee was eager, desperate even, to find out from Lin Homer, HMRC’s chief executive, how it was that Starbucks managed to pay a trifling £8.6million in corporation tax on UK sales of - wait for it - £398million.

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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 30 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