Cut tax for under 35s or watch them leave the country July 30, 2025 The most pressing choice I faced over the past week was whether to swim in the pool or the sea. We lounged our way from lazy lunch to long dinner, occasionally mustering the energy to stroll to the boulangerie. As I put the key in the front door of our south London home last night [...]
Uber rivals handed major VAT boost by Supreme Court July 29, 2025 Rival taxi operators to Uber will not have to pay 20 per cent VAT on their profits outside London following a landmark Supreme Court ruling. The court has decided that private-hire operators do not enter into a contract with passengers and therefore are except from the tax. The ruling comes after US giant Uber brought [...]
Jannik Sinner reappoints trainer he sacked after positive doping test July 23, 2025 Wimbledon champion Jannik Sinner has reappointed his former fitness trainer, who he sacked following his positive doping tests last year. Sinner parted ways with his fitness coach Umberto Ferrara and physio Giacomo Naldi last summer, after it was announced that the Italian tennis superstar had twice tested positive for the steroid clostebol in March 2024. [...]
Three Lions fans snap up 2026 World Cup packages… in three days July 23, 2025 Hospitality tickets to watch England at next summer’s World Cup sold out within three days of being put on sale last week, with fans eager to secure the right to follow Thomas Tuchel’s side in the US, Canada and Mexico at the first opportunity. Fifa released hospitality packages last Monday for the group and first [...]
Labour’s war on business is a gift to Nigel Farage July 22, 2025 Labour’s paralysis is driving business away from Britain and paving a path to power for Nigel Farage and Reform, says Alexander Temerko The government of Keir Starmer has internalised a culture of hesitation so completely that inaction is no longer perceived as a flaw, but as a mode of governance. Over the past year, a [...]
HMRC cracks down on tax-avoiding restaurants and takeaways July 21, 2025 HMRC has put the restaurant sector firmly in its sights as it tries to hit ambitious targets set by the government. It has ‘named and shamed’ 98 restaurant businesses in a single day, according to accountants Hacker Young. The firms owe a collective £10.4m in unpaid tax and HMRC has issued them with a total of [...]
City watchdog and HMRC ‘stepping up enforcement’ as number of raids surge July 17, 2025 The number of raids carried out by the City regulators upticked in the last two years, while the pressure on HMRC to investigate tax fraud is showing in the numbers
Non-dom tax take jumped to £12bn before Labour crackdown July 17, 2025 The overall tax take from wealthy foreigners who once claimed the now obsolete non-dom status rose to £12bn the year before Labour and the Conservatives announced their respective crackdowns against the regime. Data from HMRC released on Thursday showed the amount of capital gains tax, income tax and national insurance contributions paid by the cohort [...]
Companies House crackdown: 11,500 firms struck off July 17, 2025 Over 11,000 UK firms have been struck off the Companies House register over the past year following a coordinated crackdown on corporate structures suspected of facilitating fraud, money laundering and other economic crime. The operation, led by the National Economic Crime Centre and supported by the National Crime Agency, Companies House, HMRC, and several UK [...]
HMRC to slap Wimbledon winners Sinner and Swiatek with £1m tax bill July 16, 2025 Wimbledon winners Jannik Sinner and Iga Swiatek will each be slapped with a £1m tax bill by HMRC. Despite not being based in the United Kingdom, Italian Sinner and Pole Swiatek will each be taxed at 45 per cent for winning in SW19 and claiming their £3m prizes. Robert Salter, of audit, tax and business [...]