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Tax

It needn't be taxing

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Government drops plans to criminalise offshore tax evasion

by Jun Merrett on Dec 12, 2014 at 10:24

HM Revenue  & Customs omits a measure from the Finance Bill that would have made failure to declare offshore income a criminal offence.

Solicitors next on tax crackdown hit list

by Dylan Lobo on Dec 08, 2014 at 15:07

HM Revenue and Customs (HMRC) tax crackdown has turned its attention to the legal profession.

Chancellor unveils 'Google tax' in corporate clampdown

by Gavin Lumsden on Dec 03, 2014 at 15:12

George Osborne has multinationals and banks in his sights as he targets over £5 billion in tax revenue.

Government says spouses can inherit ISAs

by Daniel Grote on Dec 03, 2014 at 14:36

Savers will be allowed to pass on ISAs (individual savings accounts) to their spouses when they die, according to the Autumn Statement.

Scotland to receive income tax powers

by Daniel Grote on Nov 27, 2014 at 12:01

Commission tasked with shaping further devolution recommends Scotland be handed power to set rates and thresholds.

HMRC 'losing track' of tax relief costs and abuses

by William Robins on Nov 21, 2014 at 08:00

HMRC has lost track of millions of pounds worth of tax reliefs, says National Audit Office.

MPs: HMRC tax avoidance crackdown ‘unacceptably slow’

by Jun Merrett on Nov 18, 2014 at 09:30

MPs have criticised HMRC over its ‘unacceptably slow’ action against tax avoidance schemes.

Cameron vows to raise higher rate tax threshold

by Rosie Sells on Oct 01, 2014 at 16:03

The prime minister tells the Conservative party conference he will raise the threshold at which people start to pay 40% tax to £50,000 if re-elected.

Scotland may have to give tax breaks to wealthy 'non doms'

by Michelle McGagh on Sep 16, 2014 at 15:10

The need for investment would mean an independent Scotland might have to offer tax breaks to wealthy foreigners, a tax lawyer says.

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