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.
Wincanton slipped into the red before London deslisting by US logistics giant July 8, 2024 Wincanton slipped into the red for the first time in more than 20 years in the year leading up to it being taken private by the logistics giant GXO.
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?
Fieldfisher reports double-digit revenue growth as European offices thrive July 3, 2024 Fieldfisher's annual revenue surged by 10 per cent to £352m following strong performances at its European offices, the law firm said today.
Brits flock to cash ISAs as tax hikes bite July 2, 2024 Households deposited £4.2bn into cash ISAs during May, the highest figure for the month. It followed a record-breaking April, which saw a net inflow of £12.3bn.
Hiking capital gains tax would harm small businesses June 24, 2024 A blanket increase in CGT rates would not only affect gains on publicly quoted stocks or investments in second homes, it could also impact investors who have taken much more significant risks with their capital to back small, growing companies to achieve their potential, says Claire Madden It’s looking inevitable that Labour will win the [...]
Double glazing giant Everest owed over £30m as it crashed into administration June 24, 2024 Double glazing giant Everest owed more than £30m when it crashed into administration earlier this year, it has been revealed.
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.