Tax
Oxfam says stopping tax evasion could end poverty twice overA new report by Oxfam is calling on the UK to back up tough talk on global tax evasion with effective action and states that more than one third of money in tax havens is in bank accounts on UK territory. |
Tax authorities join together on global tax avoidance crackdownTax authorities from the UK, US and Australia are to join together to investigate tax evasion from some of the wealthiest people in the world after receiving huge amounts of data from a whistle-blower. |
MPs call back Google for more questions over taxThe Public Accounts Committee is to call Google back to answer questions on whether sales staff are based in the UK. |
Government borrowing down marginally at £120.6bn in 2012-13Public sector borrowing in 2012-13 was £120.6 billion, just £300 million less than in 2011-12 as the weak economy lowered tax receipts and raised welfare payments. |
Osborne launches legal challenge against EU over Tobin taxGeorge Osborne confirmed that the UK is planning to launch a legal challenge against the European Union over its proposed financial transaction tax. |
Budget 2013: Expert reaction to George Osborne's 4th budgetWe round up what the industry experts think of the Chancellor's budget for 2013 as George Osborne cancels a fuel duty rise and raises the tax threshold to £10,000. |
HMRC customer service levels "unacceptable", say MPs20 million taxpayer phone calls and a third of letters went unanswered by HMRC in 2011-12 in levels of customer service that were described as "abysmal" by MPs. |
HMRC to shut 281 tax enquiry centres to save taxpayers moneyHMRC may close 281 technical enquiry centre's that allow taxpayers a face-to-face service and replace it with a phone service despite recent criticism of its call service by the Public Accounts Committee. |
Osborne boost as Treasury set to receive £25bn Oil windfallInvestment in North Sea oil and gas production is rising and will provide extra jobs and a £100 billion economic boost and a £25 billion windfall for the government. |
Naming and shaming of tax cheats is "unfair discrimination"HMRC has published a list of nine tax evaders as it attempts to put people off from tax evasion but critics are asking why no multinational tax evading companies are on the list. |
QE receipts help boost January government borrowing figuresGeorge Osborne received some rare good news today as public sector borrowing showed a surplus of £11.4b due to higher tax receipts meaning his target for the year may be achievable. |
HMRC issue 850,000 fines for late filing of tax returnsHMRC has confirmed that it will send out 850,000 £100 penalty fines by February 20th for taxpayers who missed the self assessment filing deadline of January 31st. |
Osborne calls on G20 to work together to combat tax avoidanceThe G20 group of countries has pledged to work together to ensure that global companies pay the right levels of tax to the countries they have earned the profits in. |
HMRC told to "get a grip" on tax credit fraud and errorMargaret Hodge MP has told HMRC to get a grip on fraud and error within the tax credit system after planned savings of £1.4 billion only resulted in savings of less than £500 million. |
IFS says Osborne will exceed borrowing target by £64 billionThe Institute of Fiscal Studies warns that unless the Chancellor cuts more public sector jobs he is on course to borrow £64 billion more than estimated by 2015. |
Record numbers beat self-assessment tax deadline9.6 million out of 10.3 million people beat the self-assessment online tax deadline and avoided a £100 fine this year. |
Last minute tips for completing self assessment tax returnsHMRC says that at the start of today 1.8 million people had still not filed their tax returns or paid the tax they owe for 2011-12. Find out if you are one of them. |
Goldman Sachs cancels staff bonus tax avoidance planThe Governor of the Bank of England, Sir Mervyn King has described the plan to save tax on bonus payments being considered by Goldman Sachs as depressing. |
Trade deficit widens putting AAA rating at riskThe government deficit has widened contrary to George Osborne's claims increasing the likelihood that the UK could have its AAA rating stripped by one of the ratings agencies. |
HMRC uses 0845 premium numbers to charge taxpayers to waitA new report by the National Audit Office has slammed HMRC for charging taxpayers while they are on hold waiting for a staff member to answer their call. |
Comet: Taxpayers to pay £50m tax and staff redundancy costsDeloitte, the administrators of Comet have warned that insufficient funds means the government is likely to pick up the bill for tax owed and staff redundancy costs. |
Starbucks stores targeted by activists over tax paymentsAround 50 Starbucks stores were targeted by activists from UK Uncut this weekend despite promising to pay £20 million in tax in the next two years. |
Starbucks to pay £20m corporation tax after customer revoltFollowing the negative publicity from one of its executives appearance before MPs, Starbucks has agreed to pay corporation tax of around £20 million over the next two years. |
Autumn Statement: Winners and losersThe Chancellor has unveiled his Autumn Statement and we analyse who are the winners and losers in George Osborne's updated plans to get the economy moving. |
Autumn statement: Key points at a glanceGeorge Osborne has announced his Autumn Statement to parliament today. Described as a mini-budget he says all new spending is being paid for by tax rises or spending cuts. |
