Entain on a ‘losing streak’ as gambling giant battles legal problems February 26, 2025 Entain share price has fallen by over 20 per cent over the last year as the listed group's legal problems continue to cause a headache
Government backtracks on tax hike for private equity firms February 18, 2025 The government has reversed a decision to hike taxes on private equity firms by ditching changes to the tax treatment of members at limited liability partnerships (LLPs). The new guidelines, which were released last year, targeted salaried members on what tax contribution they pay, which affected the partner compensation at most firms. Before the new changes, members [...]
Google reviews have done more for public services than Whitehall February 18, 2025 Google Maps reviews have done more for public services than Whitehall, writes Michael Martins in today's Notebook.
Court chucks out HMRC double tax treaty case against RBC February 12, 2025 The UK Supreme Court, by a majority, dismisses HMRC's appeal over a double tax treaty linked to a North Sea oil production
Tax evasion likely ‘far higher’ than HMRC estimates February 12, 2025 The true scale of tax evasion is likely far higher than HMRC estimates, with the department “not sufficiently curious” about solving the problem, a government committee has said. The UK tax gap was £5.5bn in the 2022-23 financial year, equivalent to around 0.7 per cent of all taxes owed and considerably lower than similar economies. [...]
Exclusive: Investment platforms flouting tax rules on ISA stocks February 6, 2025 Almost all UK investment platforms have been breaking HMRC rules by allowing stocks ineligible for tax relief to be put in ISAs, a City AM investigation has revealed. AJ Bell, Fidelity, Interactive Investor and many others have been allowing stocks that should not get tax-free status to be added to ISA portfolios, meaning capital gains [...]
The Capitalist: Pedicabs, WH Smith and HMRC hang-ups January 30, 2025 Pedicab politics, the demise of WH Smith and taxman ghostings: catch up on the latest gossip in this week's edition of The Capitalist.
Inheritance tax: Bill for Britain’s ‘most hated tax’ hits record January 22, 2025 HMRC collected £6.3bn in inheritance tax in the last nine months, but with changes to the code announced in Budget, this bill is expected to get bigger.
Man United legend Bryan Robson to be hit with tax bill over ambassador role January 21, 2025 Former Man United legend Bryan Robson has lost a chunk of his IR35 case against HMRC leaving him exposed to a undisclosed tax bill
Haaland: Man City striker could pay £150m to HMRC over new deal January 21, 2025 Signing a lucrative contract, as Erling Haaland did with Manchester City this month, is usually one of the happiest days of someone’s life. Haaland has signed for nearly a decade in a deal that is reportedly worth £26m a year before bonuses. But the reality is that the taxman is coming, and for the Norway [...]