UK’s tax gap rises to £35 billion amid claims Government is failing to act
Official figures released on Friday have shown the total amount of tax lost through non-payment has increased to £35 billion since last year. HM Revenue
UK world leader in top tax rate cut
New research by KPMG International shows the UK has witnessed the world’s biggest cut in the top rate of personal tax. The 5p cut in
I’m No Tax Exile, Explains Richard Branson
Billionaire Richard Branson has not ditched rain-drenched Britain for tax reasons but for his love of the sun-soaked British Virgin Islands, he explains in a
Economy, Entrepreneur, GDP, Property and Real Estate, Tax Avoidance and Tax Evasion
French wealth tax: Will you be affected?
It may surprise some that Deputy Prime Minister Nick Clegg has suggested that a UK wealth tax not dissimilar to France’s may be a good
Euro, France, Government, Law, UK
Celebrity Tax Evaders
Tax avoidance has been a hot topic since the G20 summit. Many different governments have come out making statements on their revitalized stance against tax
Business, Economy, Fraud and Scams, Government, Tax Avoidance and Tax Evasion
HMRC expert quits after tax avoidance scandal
David Heaton has resigned from his post as an HM Revenue and Customs (HMRC) tax adviser after appearing on the BBC’s Panorama TV programme Tax,
Legalising cannabis could spell £1.25 billion tax benefit for UK
A new study has added to the long-running debate on cannabis legalisation – and proposes both legalising and then taxing the drug could reduce the
Government, Health, Law, Recession, UK
US Expats Renouncing Citizenship at Alarming Rates
American expatriates are giving up their citizenships at a shocking 6 times more than in the same period last year. In the first half of
FATCA, Government, IRS, US Dollar, USA
Family inheritances lost as elderly fund care costs
Millions of pensioners are funding long term care costs out of their retirement savings or by selling their family homes. Most families who have seen
Shinzo Abe’s Latest Economic Dilemma
Japan has faced troubling economic times over the last few years. The recession affected majority of the world but the natural disasters that occurred in