UK tax exiles under threat February 17, 2010 Thousands of UK tax exiles may face large tax demands after an entrepreneur lost a bid to overturn a decision by the taxman to hit him with a £30m bill. Millionaire Robert Gaines-Cooper lost an appeal against a ruling by HM Revenue & Customs (HMRC) that he was liable to pay UK tax despite his [...]
Honours even as drop rivals battle in the mud February 17, 2010 WIGAN(0) v/s BOLTON(0) WIGAN and Bolton remain embroiled in a relegation dogfight as the Lancashire rivals shared a rather predictable bore draw at a muddy DW Stadium. The hosts had the better of the game on a horrendous surface, with Charles N’Zogbia coming closest the snatching the points with an effort which came off a [...]
ANALYST VIEWS: WILL MORE UK TAX EXILES HAVE TO PAY TAX AFTER THIS RULING? February 17, 2010 SEAN DURY | PRICEWATERHOUSECOOPERS We expect increasing movements of employees out of the UK. While companies may take some comfort from the viewpoint of the courts, the withdrawal of IR20 in April 2009 and only draft guidance in place since means terms around the meaning of residency in the UK are unclear. TINA RICHES | [...]
Vieira back in the dock after Whelan clash February 17, 2010 MANCHESTER CITY’S Patrick Vieira is back in hot water with Football Association chiefs after being charged with violent conduct. The Frenchman, 33, appeared to kick out at Stoke’s Glenn Whelan in the 1-1 draw on Tuesday night. He went unpunished by referee Alan Wiley, prompting Stoke boss Tony Pulis to call for consistency after drawing [...]
Pinewood in German JV deal February 17, 2010 Film studio group Pinewood Shepperton yesterday said it had secured a deal with German firm Studio Hamburg to operate production facilities in Hamburg and Berlin. The joint venture, to be named Pinewood Studio Berlin Film Services, aims to target between two and four German films per year, with budgets in the region of between €5m [...]
Output rises in OECD area February 17, 2010 GDP in the 30-member OECD-area jumped by 0.8 per cent over the fourth quarter of last year, boosted by strong growth in the US and Asia. The Organisation for Economic Cooperation and Development said yesterday that output had risen 0.8 per cent compared to the third quarter, though it was 0.7 per cent lower year-on-year. [...]
SPORT | IN BRIEF February 17, 2010 Binocular out of Cheltenham HORSE RACING: Binocular has been ruled out of the Champion Hurdle at Cheltenham with a muscle problem. Nicky Henderson’s pre-race favourite, who finished third behind Punjabi last term, was diagnosed with the problem after being sent for scans following disappointing runs at Newcastle and Kempton. Trainer Henderson said: “We feel we [...]
FLANNERY BANNED FOR SIX WEEKS February 17, 2010 ENGLAND received a boost yesterday when Ireland hooker Jerry Flannery was banned for six weeks for kicking France winger Alexis Palisson. Flannery, who pleaded guilty at a hearing, will miss Ireland’s three remaining Six Nations fixtures, including their visit to Twickenham on 27 February. His ban runs up until 29 March.
Gold shines as slide in price boosts sales February 17, 2010 Spot gold hit a one-month peak yesterday, supported by strong investment interest and news that South Africa is to levy royalties on minerals exports. Spot gold rose as high as $1,126.85 an ounce, its highest level since 20 January. This news came as the World Gold Council (WGC) said global annual demand for gold was [...]
Oil explorers hit as tensions with Argentina rise February 17, 2010 INVESTORS lost faith in oil firms planning to drill near the Falkland Islands after Argentina threatened to disrupt their activities in a revival of tensions with the UK after the Falklands War. Shares in firms including Falklands Oil & Gas, Rockhopper and Borders & Southern Petroleum slipped by 3.5 per cent, 0.4 per cent and [...]
