Wildlife park banned from keeping big cats is wound up by taxman

A wildlife park banned from keeping big cats after one lynx escaped and another died has been wound up by the taxman with debts of more than £120,000. Owners Tracy Tweedy, 50, and her husband Dean, 52, bought Borth Wild Animal Kingdom in Borth, West Wales, for £625,000 five years ago. But the attraction faced … Read more

Square Mile paid a record £76bn to the taxman last year

Square Mile paid a record £76bn to the taxman last year – representing 10% of all receipts By Daily Mail City & Finance Reporter Published: 23:13 GMT, 9 February 2021 | Updated: 23:13 GMT, 9 February 2021 The financial sector coughed up a record £75.6billion in tax last year, reiterating its importance to the UK … Read more

As three more supermarkets hand back business rates relief, it’s a £1.8bn windfall for the taxman 

As three more supermarkets hand back business rates relief, it’s a £1.8bn windfall for the taxman Sainsbury’s, Asda, Aldi and discounter B&M followed Tesco and Morrisons They paid back the windfall after their sales boomed in lockdown Ministers say the action is a ‘real model of good, healthy capitalism’ By Tom Witherow Financial Correspondent For The … Read more

Taxman has benefited from the ‘proceeds of crime’ MPs are told

HMRC ‘treat the victims of pension scams like criminals’: Taxman has benefited from the ‘proceeds of crime’ MPs are told Victims of pension scams, are being treated like criminals MPs heard yesterday  The  targets described feeling suicidal after their life savings vanished   Some even face hefty fines because the schemes broke tax laws By Tom Kelly Investigations … Read more

Netflix is to start declaring its £1billion-plus UK revenues to the British taxman

Netflix is to start declaring its £1billion-plus UK revenues to the British taxman in move that will pressurise Google, Amazon and other tech giants to follow suit Netflix set to begin declaring its UK revenues to tax authorities from January Move comes after it vowed to declared its revenues in both France and Spain  Company … Read more

Taxman set to get new powers over bank details

Taxman being given new powers to seize bank customers’ financial details without their consent By Helen Cahill, Financial Mail On Sunday Published: 21:50 BST, 19 September 2020 | Updated: 21:50 BST, 19 September 2020 The taxman is being given new powers to seize bank customers’ financial details without their consent.  New laws will allow the … Read more

Residential landlords ‘cheating taxman out of £1.7bn’

Residential landlords ‘cheating taxman out of £1.7bn’ a year, think-tank says That’s three times higher than £540m reported for 2010, Tax Watch said Money is lost as many landlords fail to declare income on self-assessment forms By Sarah Bridge for The Mail on Sunday Published: 22:31 BST, 8 August 2020 | Updated: 22:31 BST, 8 … Read more

‘Scandalous’ RBS helped fraudsters cheat the taxman

‘Scandalous’ RBS helped fraudsters cheat the taxman as High Court rules it was involved in £45m VAT fraud By Adam Luck For The Mail On Sunday Published: 22:31 BST, 20 June 2020 | Updated: 22:31 BST, 20 June 2020 Taxpayer-owned Royal Bank of Scotland was last night accused of ‘scandalous’ behaviour after the High Court … Read more