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      IMF boss warns on AI ‘tax erosion’ if jobs are wiped out

      IMF Managing Director Kristalina Georgieva speaking at a press conference, addressing global economic challenges.

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      Fine dining experience with various dishes, wine, and a lit candle on a dark wooden table at Cloth Cornhill.

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HM Revenue and Customs

  • Addison Lee founder defeated in £20m non-dom tax dispute

    Tax

    The founder of premium minicab firm Addison Lee has failed to overturn a £20.5m tax bill from HMRC after arguing that he should be treated as a non-dom in spite of having lived in England for most of his life. Sir John Griffin, aged 84, who was born in England in 1942 to Irish parents [...]

    Around 700 drivers of private hire taxi firm Addison Lee could be entitled to backdated compensation for holiday pay
  • Quantexa chief says £175m HMRC deal will ‘protect taxpayers’ money’

    Tax

    HM Revenue and Customs (HMRC) has signed a £175m, 10-year partnership with London-based Quantexa to overhaul its data infrastructure, as the tax authority scrambles to recover billions lost to evasion and sophisticated fraud. The deal – one of the largest tech deployments in the public sector – is designed to fix the “fragmented” legacy systems [...]

    Inheritance tax receipts are on track for a record breaking year
  • Entain: Shares tumble after US division predicts full year loss

    Gambling

    Entain's aggressive expansion in the US helped the gambling firm's American division to bring in over a billion dollars (£780m) of revenue in the first half of the year, as it ramps up marketing spend.

    Three phones with Bet MGM online casinos on the screen
  • British celebrities vs HMRC IR35: What is going on?

    July 4, 2024

    Yet another famous name has been in the headlines this past few weeks over issues with the tax authority over IR35. So what exactly is happening to British presenters and why is HMRC after them?

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