Spending cuts not enough: middle class tax is needed
Filed under: Tax PA Wire A leading think tank has warned that George Osborne is not going to be able to cut the deficit to meet his targets by simply slashing spending. At a presentation in London, it...
View ArticleMarriage tax break plans outlined
Filed under: TaxPlans for a tax break for married couples will be introduced this year in a move to head off a revolt by Tory backbenchers. The move may placate David Cameron's restive MPs but will...
View ArticleClegg: Marriage tax break 'unfair'
Filed under: TaxConservative plans to spend hundreds of millions of pounds on a tax break for married couples are "unfair", Nick Clegg has said. In a fresh swipe at the policy - expected to be brought...
View ArticleAmendment sought over top tax rate
Filed under: TaxLabour has insisted there is a "better way" to tackle Britain's economic woes as it reopened a row over the top rate of income tax. The Opposition has launched a bid to tack an...
View ArticleFormer BBC exec returns £375k pay-off
Filed under: Tax Edmond Terakopian/PA A former BBC executive has returned a £375,000 pay-off to the corporation in a refreshing move of honesty. Roly Keating (pictured), former director of archive...
View ArticleLabour condemns '£150m tax cut'
Filed under: TaxChancellor George Osborne has given a £150 million tax cut to privileged and wealthy investment managers in the City, Labour said. Shadow Treasury Minister Chris Leslie claimed the...
View ArticleSenior banker held in tax probe
Filed under: TaxA senior London banker has been arrested on suspicion of tax fraud. The 63-year-old man, who has not been named, was held at an address in the capital on Wednesday morning. HM Revenue...
View ArticleMPs leverage their kids to get more expenses
Filed under: Tax Chris Radburn/PA Wire You might have thought that MPs had seen enough expenses scandal headlines to learn to err on the side of claiming too little rather than too much. However, the...
View ArticlePoorer people have bigger tax burden than the rich
Filed under: Tax Anthony Devlin/PA Wire If anyone is still clinging to the belief that we're all in anything together, they should prepare for some bad news, because according to the Office for...
View ArticleWhy marital status should have nothing to do with tax
Filed under: Tax The topic of marriage has been high on the news agenda thanks to the same-sex marriage debate and it looks set to stay there as the prime minister has dragged up the plan for a tax...
View Article10 celebrities who faced tax problems
Filed under: Tax allaction.co.uk /EMPICS Entertainment Lauren Hill may have won five Grammys and sold more than 19 million copies of her solo album, but that didn't save her from being jailed for...
View ArticleEx-SFO boss blasted over payouts
Filed under: TaxThe former director of the Serious Fraud Office showed "a disregard for the proper use of taxpayers' money" in agreeing severance packages worth a total of around £1 million for three...
View ArticleBonus scheme 'rewarding failure'
Filed under: TaxA multi-million pound bonus package paid by the taxpayer could be winging its way to Network Rail, despite criticism the firm failed to meet targets. The not-for-profit company is to...
View ArticleCouncil tax refusenik must pay up when she's dead
Filed under: Tax Chris Radburn/PA June Farrow, a 74 year old retired nurse from Bawburgh, Norwich, has been taken to court for the third time by South Norfolk District Council, for failing to pay her...
View ArticleBig firm tax loopholes to be closed
Filed under: TaxLoopholes allowing multinational companies to slash their tax bills to little or nothing are to be closed under an international crackdown. Practices including profits being stashed in...
View ArticlePM hints at post-election tax cut
Filed under: TaxDavid Cameron has indicated that taxes could be cut as the economy recovers after the 2015 general election and said he looked forward to being "liberated" in a Conservative-only...
View ArticleA new amnesty for tax truants
Filed under: TaxA new campaign offers easy filing and reduced penalties if you submit outstanding tax returns by 15 October. Each year, around 10 million UK residents receive an SA100 form through the...
View ArticleChildcare voucher plans criticised
Filed under: TaxPlans to give tax breaks worth £1,200 per child to families where both parents work come under fire for being unfair to stay-at-home mothers. There has also been anger that high earners...
View ArticleHow to cut your inheritance tax bill
Filed under: TaxReducing inheritance tax liability is becoming increasingly important, a financial advisory company has warned, as more households are pulled into the IHT net. Earlier this year,...
View ArticleMEP: 'Aid goes to Bongo Bongo land'
Filed under: TaxUKIP MEP Godfrey Bloom has claimed billions of UK aid cash is used to buy Ray-Ban sunglasses, apartments in Paris, and Ferraris by corrupt officials in "Bongo Bongo" land. He slated Aid...
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