Red card: Former England and Liverpool footballer John Barnes banned as a company director April 24, 2024 John Barnes, the former England and Liverpool footballer, has been banned as a company director after his business failed to pay tens of thousands of pounds in tax.
Matches racked up debts of over £200m as Mike Ashley’s Frasers Group failed to turnaround luxury fashion brand April 24, 2024 Fashion brand Matches owed more than £200m as it was put into administration by Mike Ashley's Frasers Group , it has been revealed.
Bank of England’s hawks and doves have plenty to ponder after hot wage growth April 16, 2024 Its anybody's guess what the Bank of England will make of the latest labour market figures, published this morning.
How to close the tax gap April 16, 2024 Politicians love to talk about the tax gap as a pain-free revenue-raiser, but there is a genuine difference between tax owed and what’s collected, mostly because the system is far too complicated, says Tim Sarson Last week the Shadow Chancellor Rachel Reeves summoned up an old favourite of British fiscal administration: the tax gap. Labour [...]
Former Manchester United star files £750k claim against St. James’s Place representative April 15, 2024 Earlier this year, his legal team at Thomas Mansfield Solicitors filed a claim to the Financial List of the High Court against London-based Klipp Wealth Management (KWM Wealth).
Blackrock fails appeal to cut tax bill on £10.8bn Barclays deal April 11, 2024 The Blackrock Group has lost an appeal to reclaim tax from HM Revenue and Customs (HMRC) on its 2009 $13.5bn (£10.8bn) acquisition of Barclays Global Investors. The asset manager’s structure Blackrock Holdco 5, LLC was used to acquire the North American investment management business of Barclays Global Investors from Barclays Bank in December 2009. At [...]
Arrival: The full story of how a £9bn electric vehicle firm collapsed into administration April 11, 2024 The full story of how the UK businesses of electric vehicle company Arrival collapsed into administration owing more than £1bn has been revealed for the first time.
HMRC roasted by ‘mega’ marshmallows after Tax Tribunal dismisses appeal April 10, 2024 A London-based wholesaler of American sweets and treats, Innovative Bites, appealed after the HMRC decided that 'mega marshmallows' was confectionery and ought to have been standard rated.
Who are the tax experts advising Labour on boosting compliance and modernising HMRC? April 9, 2024 A panel of tax experts are set to advise Labour on a blueprint for boosting compliance and modernising the work of HM Revenue and Customs (HMRC), the party has announced.
JCB billionaire and Brexit champion Lord Bamford retires from House of Lords April 9, 2024 Lord Bamford, the billionaire executive chairman of JCB and major Brexit backer, has retired from the House of Lords.