Shoring up your finances is more important than ever with the economic fallout from the Covid crisis set to rumble on for months and even years. The Government will be looking to preserve its tax revenues, and it is up to taxpayers to be vigilant in ensuring HMRC & Customs is not taking more than … Read more
Donald Trump‘s niece has reportedly written a ‘harrowing and salacious’ book about her uncle in which she details how and why she leaked family tax information to the New York Times – and delves into family feuds. Mary Trump, 55, who has a Ph.D. in clinical psychology, is due to publish Too Much And Never Enough … Read more
On the ball: Jonathan Davies has invested in property Former rugby star Jonathan Davies would abolish inheritance tax if he were made Chancellor of the Exchequer. Davies was a schoolboy when his father died from cancer and later he lost his first wife, Karen, to the disease when his youngest child was only a year … Read more
The Government has to let the country get moving again. The damage piles up every day that the lockdown continues – damage in personal as well as economic and financial terms. No one wants a return of the virus, which is now receding fast, so a step-by-step response makes sense. But the dithering, uncertain way … Read more
Paul Falvey is a tax partner at accountancy and business advisory firm BDO In recent weeks, there has been lots of talk about whether tax increases should be introduced in order to pay for the economic impact of the recent crisis. Unsurprisingly, this has resulted in discussions about whether the so-called ‘wealthy’ should bear the … Read more
Thousands of vulnerable pensioners in care homes are hit with £125-a-week coronavirus ‘tax’ to pay for PPE and absent staff cover Those who cover their own fees are being landed with extra ‘coronavirus bills’ The charity said they or their families are being asked to stump up around £125 a week for personal protective equipment … Read more
Prince Albert of Monaco has waived strict privacy rules to give a fascinating insight into life inside one of the world’s most glamorous tax havens. In the new BBC2 series Inside Monaco: Playground Of The Rich, the Prince bemoans the inability for ‘spontaneity’ in the country that counts rich and famous playboys such as Lewis Hamilton … Read more
Olympic hero Sir Steve Redgrave used controversial ‘tax avoidance’ scheme that cost the taxpayer up to £5million Scheme gave investors tax breaks for money put towards regeneration projects However, some who contributed were able to claim greater relief than allowed Rower’s involvement comes after HRMC won a tribunal over two Scottish firms By Dan Ripley … Read more
More than three-quarters of workers are willing to see income tax rates hiked to help the country pull itself out of the £300billion financial black-hole it now faces, new findings from a poll suggest. In March, official figures revealed that the country’s economy shrank by 5.8 per cent, marking the biggest monthly decline on record. … Read more
Don’t wait to send your tax return: Filing now could give you eight months to save By Money Mail Reporter For The Daily Mail Published: 22:00 BST, 2 June 2020 | Updated: 09:42 BST, 3 June 2020 Those who need to complete a self-assessment tax return should have received a P60 form Send off your … Read more