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Tax


Child benefit scheme necessitates disclosure of income information by HMRC

Sat, 19 May 2012 16:14:42 GMT

Couples receiving child benefit should be prepared to have financial information revealed to their partners by HM Revenue & Customs.

Cameron plans to introduce tax breaks on child care

Fri, 18 May 2012 12:25:26 GMT

The Prime Minister said he was looking at the controversial ‘maid credit’ scheme in Finland and Sweden which saves families thousands of pounds a year.

Pub landlord has £2.6m taken from bank account after missing decimal point on his tax return

Fri, 18 May 2012 07:15:12 GMT

After a struggle to contact HMRC, he now faces the prospect of bank charges for a £2.6million overdraft until the taxman, who said the money would not be taken, can organise a refund.

Taxman tells 1.6 million people they owe average of £537

Sat, 12 May 2012 09:47:24 GMT

Many who believed their tax affairs were in order now face having to make up the shortfall.

David Cameron signals retreat on plans for charity tax

Wed, 09 May 2012 07:54:28 GMT

The Prime Minister gave his strongest hint so far that the tax change will be abandoned as as experts said the proposals would cost Britain £1.5billion.

Football stars Rooney and Giggs test taxman with Waverton Property investment tax breaks

Sun, 06 May 2012 08:20:05 GMT

Premier League stars including England striker Wayne Rooney and Manchester United teammate Ryan Giggs have put cash into Waverton Property LLP – a partnership that has invested £145million in a project to convert a Birmingham warehouse into a data centre.

Tax avoidance experts earned £11.5m in film investment

Sat, 05 May 2012 21:00:18 GMT

Two promoters of a failed tax avoidance scheme sold to Manchester United boss Sir Alex Ferguson and former England manager Sven-Goran Eriksson earned £11.5million between them in the year it was sold.

2,000 civil servants act as 'one-man companies' and dodge IR35 rules to avoid tax - but they're not alone...

Thu, 03 May 2012 11:40:21 GMT

Setting up a company to avoid tax has become popular, not only with civil servants but also BBC stars. We explain how it works.

Revenue & Customs targets unpaid VAT bills: Number of firms closed down leaps by 161%

Wed, 02 May 2012 11:51:08 GMT

Firms with unpaid VAT bills are increasingly at risk of having their business assets seized by Revenue & Customs, official figures have revealed.

One in four taxpayers calls to the Revenue & Customs were ignored last year

Wed, 02 May 2012 09:29:26 GMT

More than 15million calls (74 per cent) to the taxman went unanswered last year - but that is an improvement on the year before, when only 48 per cent of callers got through.