Offside with HMRC: UK football clubs to face tax penalties July 15, 2024 Around two dozen UK professional football clubs have fallen into arrears over their tax payments, as warnings that the tax authority is stepping up compliance action
Tax from UK’s 74,000 non-doms paid for 18 days of NHS spending in 2022 July 9, 2024 Non-doms contributed nearly £9bn to the exchequer through tax and national insurance contributions (NICs) in the 2023 tax year, the highest amount since 2017, when new rule changes were brought in.
EY and property tycoon Jamie Ritblat settle dispute with HMRC for ‘significant’ sum July 5, 2024 HMRC's tax dispute with accounting firm EY and Jamie Ritblat, a British property investor has been resolved after the parties reached a confidential settlement
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?
Uber faces £1bn VAT showdown with HMRC June 23, 2024 Despite achieving its first full-year profit in February, Uber swung to a net loss of $654m (£524m) in the first quarter of this year.
UK tax gap nears £40bn as Tories and Labour pledge crackdown June 20, 2024 The gap between how much tax the government owes and the amount it collects has grown to almost £40bn, latest official figures show, as the Conservatives and Labour vow to tackle tax dodging ahead of the general election.
Knighthood for HMRC boss ‘an insult to British taxpayers’ June 19, 2024 The decision to give a knighthood to HMRC’s chief is “an insult to British taxpayers”, a campaign group has said, highlighting the tax authority’s woeful customer service.
HMRC tax rule changes put professional service firms into limbo June 10, 2024 The UK tax agency is probing firms for potential backdates contributions after changes to a tax rule which affects LLPs
Mike Ashley’s Frasers Group hires former HS2 and HMRC boss June 3, 2024 Mike Ashley's retail empire Frasers Group has joined the former chair of HS2 and CEO of HMRC to its board.
How much cash could a tax avoidance clampdown raise? May 30, 2024 Predictably both parties are reluctant to suggest they will raise taxes, but in recent weeks both have found a conveniently painless source of funding: clamping down on tax avoidance.