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Tax

  • Do British and Irish Lions rugby stars risk double tax on £100,000 fee?

    Sport Business

    With the stars of the British and Irish Lions touring rugby team getting a wage, how do they avoid being taxed twice? In today’s global sporting landscape, with athletes and teams constantly moving across borders, the tax implications of international competition are both significant and complex. Whether it’s the British and Irish Lions touring Australia [...]

  • Week in Business: Small glass of champagne for Reeves?

    Video

    There was some welcome economic growth in Q1 but it's in the rear view mirror; is there any on the horizon?

  • David Beckham and Spain’s tax shake-down

    Opinion

    Spain’s socialist prime minister is waging a vicious campaign against law-abiding people who’ve benefited from the country’s David Beckham tax – and the Spanish economy will suffer as a result, says John O’Connell There aren’t many people more famous than David Beckham. He’s so famous, in fact, that he even has a tax law named [...]

  • This is why the UK’s tech tax still riles Washington

    May 9, 2025

    The UK and US have trumped a new trade framework aimed at unlocking growth between the two allies, but one key irritant remains notably unresolved: Britain’s tech tax or Digital Services Tax (DST). The two per cent levy, introduced in 2020 under Boris Johnson, continues to rankle American officials, particularly because it disproportionately affects the [...]

  • Week in Business: Why Britain needs reform

    May 8, 2025

    In light of current difficulties and long-term challenges, the UK economy needs a dose of radical reform - but who will have that conversation?

  • Not just non-doms: Wealthy workers considering leaving the UK to beat tax hikes

    May 8, 2025

    With the mass exodus of non-doms leaving the UK following a political crackdown, a lawyer warns that this feeling is spreading among non non-doms.

  • Terry Smith: Reeves must drop tax hikes to attract UK investment

    May 6, 2025

    Star fund manager Terry Smith has called on Chancellor Rachel Reeves to cancel her tax hikes to make investment in the UK more attractive. Smith, who runs the £20bn Fundsmith Equity fund, argued that to boost the quality of UK companies the government should “reverse a lot of the policies that are in place with [...]

  • Non-dom exodus could cost the Treasury £12.2bn

    May 6, 2025

    Chancellor Rachel Reeves’ decision to remove tax exemptions for non-doms could lead to “billions” in losses from the public purse, new research has suggested, in a blow to the Treasury’s fiscal plans. Reeves followed through with manifesto pledges by removing tax exemptions from mega-rich non-domiciled individuals at last year’s Autumn Budget, something the Office for [...]

  • CMA chair: ‘The UK desperately needs economic growth’

    April 30, 2025

    The CMA is evolving but we will always stick firmly to the fundamentals: Protecting UK consumers and promoting competition, says new chair Doug Gurr Today I’m speaking to my fellow chairs at a summit of the UK major regulators. It’s a privilege to be part of the deep collective experience and commitment of that group [...]

  • UK businesses warn of financial strain ahead of digital tax rules

    April 29, 2025

    A majority of UK small business owners are concerned about the financial and operational pressures of HMRC’s upcoming ‘making tax digital‘ (MTD) reforms to income tax. MTD for income tax, set to take effect from April 2026, will require self-employed individuals and landlords earnings over £50,000 to maintain digital records and submit quarterly updates using [...]

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