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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...

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Marriage 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...

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Clegg: 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...

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Amendment 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...

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Former 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...

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Labour 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...

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Senior 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...

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MPs 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...

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Poorer 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...

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Why 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...

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10 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...

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Ex-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...

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Bonus 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...

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Council 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...

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Big 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...

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PM 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...

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A 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...

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Childcare 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...

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How 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,...

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MEP: '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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