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

Baroness Warsi, co-chairman of the Conservative Party, has admitted failing to declare rental income received for more than a year on a north London flat.

Baroness Warsi faces calls for investigation over expenses claims

Conservative co-chairman Baroness Warsi is facing calls for an investigation into her expenses over allegations that she claimed for overnight accommodation when staying at a friend's house rent-free.

£1.1bn less tax recouped after HM Revenue and Customs job cuts

Job cuts among revenue officials meant £1.1 billion less unpaid tax was recouped than could have been, a public spending watchdog said.

Taxman errors lead to bills for 1.6 million

About 1.6 million people will start receiving demands within the next two weeks for an average £537 shortfall in the tax they paid last year, HM Revenue and Customs warned yesterday.

3.5m people set to receive tax refunds

Up to 3.5 million people are set to receive a tax refund from next week, but as many as 1.6 million face a bill for underpaid tax, HM Revenue and Customs (HMRC) said today.

Illegal fuel plant in Tilbury shut down

A "dangerous" fuel production plant capable of producing over 240,000 litres of illicit fuel a year has been raided and shut down.

Tax office forced to apologise to 12,000 over false penalty letters

Tax officials have wrongly warned nearly 12,000 people that they face £10 daily fines for not filling in their tax returns, Her Majesty's Revenue and Customs (HMRC) admitted yesterday.

This Amazon distribution centre in Gourock was joined last year by a second Scottish base in Fife after the company received a £10.6m Government grant

Amazon investigated by UK authorities over tax avoidance

Tax officials have launched an investigation into whether the online retail giant Amazon has avoided tax by officially allocating its UK sales to a company based in Luxembourg.

Yacht broker jailed over VAT fraud

A yacht broker who charged £210,000 VAT on the sale of six luxury motor boats but then failed to pay the money to the taxman has been jailed for three years.

Stamp duty break 'boosts mortgages'

The number of mortgage approvals for house purchase has reached a two-year high as borrowers rush to take advantage of a stamp duty holiday before it ends, a high street banking report has said.

Strong January for property market

Home sales have had their strongest start to the year since January 2008, official figures showed today.

ajoling by Moira sees fewer late payers

Tax deadline reminders from the former television newsreader, Moira Stewart, whose own financial affairs have attracted media interest, were so effective that the taxman raked in £55m less in late fines this year than last, HMRC admitted yesterday.

Moira Stuart is taxed about her tax affairs

Her familiar, calm tones have become the voice of HM Revenue & Customs, reminding taxpayers to get their self-assessment forms in on time and insisting that "tax doesn't have to be taxing". But Moira Stuart has now been asked questions about her own accounts.

Portsmouth face another points loss

Portsmouth have entered administration for the second time in three seasons.

Rangers owner Craig Whyte confident accounts are in order

Rangers owner Craig Whyte is "100% confident" administrators will prove that all money that has come in and gone out of the club during his tenure has been properly accounted for.

The SFA is focusing on making the SPL 'as financially viable as possible' to keep Rangers and Celtic in the fold

Celtic dispute Alex Salmond claim that Rangers must survive

Celtic have refuted Scottish First Minister Alex Salmond's claim that the survival of Rangers is crucial for the Parkhead side and the rest of Scottish football to prosper.

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