News

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

David Gauke under fire over tradesmen cash-in-hand comments

A Treasury minister who said it was “morally wrong” for householders to pay tradesmen in cash for a discount came under fire today from a body representing plumbers, builders and electricians.

Cowboy tax advisers to be named

Cowboy tax advisers who use avoidance schemes that push the law to its limits will be named and shamed, the Government said today.

BBC to review pay procedures

The BBC is to review the way hundreds of TV and radio presenters are paid after hearing claims at least one was “bullied” into staying off the payroll and told it would help him dodge the taxman.

The Sports Minister, Hugh Robertson

Plans to tax five-a-side teams cause outrage

Sports Minister furious over his party's proposal which will rake in £5m a year... but deter people taking part in sport

'Should my teenage son be reporting his income to the tax office?'

Potential employer seems over-zealous in expecting 15-year-old to produce a P60 for babysitting and carwashing

HMRC writes off £5.2bn tax

Taxes totalling almost £5.2 billion were written off by HM Revenue and Customs last year, according to a report published by official auditors today.

The Sketch: The Chancellor had little in the way of satisfactory answers to any questions

What we will publish is 12 fuel-duty rises and the date that we won't be doing another one!

Fact File: Tax Avoidance

As any first-year accountancy student will tell you, there’s a big difference between tax evasion and tax avoidance. While the former could land you in prison for seven years, the latter is the perfectly legal use of loopholes by celebrities, big business, and anyone else who can afford a financial advisor.

Carr apologises for 'error of judgement' as PM is accused of hypocrisy over tax comments

Under fire comedian Jimmy Carr today issued an apology for what he called a 'terrible error of judgement' as the row over his tax avoidance embroiled the Prime Minister in a hypocrisy row.

Controversial 'snoopers charter' to cost £2.5bn

Taxpayers will face a bill of up to £2.5bn for the so-called “snoopers charter” giving police, the security services and tax officials the power to track emails, website visits and mobile phone calls.

HMRC's tax settlement processes criticised

Tax officials have been criticised by the public spending watchdog for their handling of multimillion-pound tax settlements with major companies.

Rangers' home ground, the Ibrox Stadium in Glasgow

Rangers consigned to liquidation

Rangers have been consigned to liquidation after Her Majesty's Revenue and Customs decided to reject an offer from Charles Green's consortium.

Errors & Omissions: HRH? Her Majesty the Queen would not have been amused

Jenny Banks-Bryer writes in to draw attention to a chatty piece about the Jubilee in last Saturday's magazine. It referred to the Queen once as "HRH QEII" and again as "HRH 'Lilibet'". We shall pass over the jaunty nicknames, but this "HRH" business has gone far enough. This not being North Korea, everybody has a right to make fun of royal titles, but they should get them right, on pain of looking ignorant.

Taxman fails in bid to force tycoon to hand over files used in highest divorce settlement in UK history

 

The taxman has failed in a legal move to force a tycoon to hand over documents used in a divorce battle which ended in him having to pay the highest award in British legal history.

Tory co-chairman Warsi asks for probe over expenses claims

Under-pressure Conservative co-chairman Baroness Warsi today referred herself to the Lords Commissioner for Standards amid allegations over her expenses.

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These Iranian-controlled Shia militias used to specialise in killing American soldiers. Now they are fighting Isis, backed up by US airstrikes

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