News

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

Corporations Facebook, Apple and Starbucks manage to avoid taxes

Taxman admits Government powerless to force multinationals to declare profits

HMRC chief denies turning blind eye to global giants avoiding massive UK tax bills

Man who hid 14 million cigarettes in refrigerated lorries carrying fruit and vegetables is jailed

A freight distribution manager who hid more than 14 million cigarettes in refrigerated lorries carrying fruit and vegetables, to evade an estimated £2.5 million in duty and VAT, has been jailed, according to HM Revenue and Customs (HMRC).

Child benefit axe for the richest families an "excruciatingly difficult" decision, says Nick Clegg

Deputy Prime Minister Nick Clegg admitted today that axing child benefit for the richest families was an “excruciatingly difficult” decision.

Big rise in overseas calls for help over tax evaders

The number of inquiries about UK-based foreign nationals suspected of tax evasion received by the Government soared by almost 20 per cent in the past year.

Chancellor of the Exchequer George Osborne

Conservative MPs tell Osborne to reverse child benefit cuts

Critics say the cuts are too complicated, a 'tax on aspiration', and will alienate Tory supporters

UK Sale: £1.2bn... UK Tax: £0

David Cameron hints at move to claw back tax money from Starbucks, Apple, Google, Facebook and eBay

David Cameron hinted at fresh moves to claw back extra taxes from major companies such as Starbucks, Apple, Google, Facebook and eBay which are alleged to have avoided £900m in payments to the Treasury.

UK Sale: £1.2bn... UK Tax: £0

Starbucks may face UK tax probe after politician asks for inquiry

Starbucks may face an inquiry into its UK tax affairs after a senior MP called for an investigation into how the company could avoid paying tax on £1.2bn of sales since 2009.

Hamilton gave McLaren a fourth consecutive pole for the first time since 1999

McLaren win tax verdict over spying scandal

McLaren successfully argued the £32million fine they were handed over the 2007 spying scandal should be tax deductible, it has been revealed.

BBC to crack down on tax-avoiding stars after accusation of being 'complicit' in tax avoidance

The BBC currently allows some workers to be paid as if they were companies rather than individual staff

Director ban for Preston's Ridsdale

The Preston chairman, Peter Ridsdale, has been banned from holding company directorships for seven and a half years after an investigation into financial irregularities by the Insolvency Service.

HMRC 'soft on alcohol smugglers'

Customs officials were criticised today for failing to crack down on criminal gangs who dodge alcohol tax at an estimated cost to the Treasury of more than £1bn.

HMRC sends out tax return penalities

Around half a million people who have failed to submit self-assessment tax returns are being sent penalty notices of at least £1,200 from today.

Slight dip in house prices in July

House prices fell in July following two months of increases but are expected to remain largely flat for the rest of the year, a survey said today.

More than 40 groups to stage Olympics protest

More than 40 groups are to stage a protest against the Olympics to highlight the “corporate dominance” of the Games as well as other issues such as the cost of staging the event during a time of austerity.

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Dame Jenny Abramsky: 'We have to rethink. If not, museums and parks will close'

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