Hints and tips:
Related Special Reports
...Orbán has resorted to unorthodox taxation several times since coming to power in 2010 and has previously targeted the financial services, energy and telecommunications sectors....
...Continued strain on HM Revenue & Customs’ services could harm taxpayers’ ability to comply with their obligations, UK tax and business groups have warned....
...Energy revenues, which make up a third of Russia’s total budget earnings, surged almost 80 per cent to Rbs2.9tn, fuelled by high oil prices and one-off payments from energy exporters due to taxation changes...
...Even though the US and China are not among them, this is a big step forward in ending the “race to the bottom” on corporate taxation, and the disruption to fair global commerce caused by tax havens....
...Lucian Cook, head of residential research at estate agent Savills, said the measures appeared tailored to “‘raise more revenue, as much as to address the housing crisis”....
...HM Revenue & Customs on Tuesday announced that starting next month it would permanently cut the number of telephone lines available to provide taxpayers with help for self-assessment tax returns, VAT and...
...But it would be looking at a small revenue yield at best. And while higher taxes would bring higher revenue potential, there would be greater risk that people will leave....
...HM Revenue & Customs may drill down into your gift register to see if any large gifts have been made in the seven years before your death on which IHT might now be owed....
...Including the cost of a 5p cut on fuel duty introduced in the 2022 Budget and extended by Hunt this month, it has cost £90bn in lost revenues since 2011, according to the OBR....
...Caroline Miskin, senior technical manager for digital taxation at the Institute of Chartered Accountants in England and Wales, said: “We hope HMRC will learn lessons and listen to professional bodies and...
...Having spent right up to his limit to deliver tax cuts and probably swiping a couple of Labour revenue raising ideas, he is challenging Sir Keir Starmer to show how he will improve public services and raise...
...But even bigger are the numbers for fossil fuel subsidies, the numbers for fossil fuel profits, the numbers for corporate profits in general — and the tax revenues that you could generate through targeted...
...Institute of Taxation’s digitalisation and agent services committee....
...The chancellor said in his Budget speech on Wednesday that he wanted to end the “unfair” system under which workers face the “double taxation” of income tax and national insurance contributions and confirmed...
...additional revenues....
...Progressive taxation must therefore be prioritised. The second step is wealth taxation....
...Britain cannot promise European levels of public service provision, with American levels of taxation — particularly with the country’s current poor growth rate....
...of the October 2021 G20-OECD inclusive framework agreement, which prohibits digital taxation and other measures needed to enhance tax revenues....
...Also on Hunt’s list of potential revenue raisers are an increase in air passenger duty for business travel, an extension of the windfall levy on oil and gas producers, a tax on vapes and abolishing the furnished...
...The UK and US are on track to enter an era in which there just isn’t enough government revenue to go around. How this is resolved will decide each nation’s future....
...Daniel Howitt, chief executive and co-founder of Recap, a crypto tax software provider, said HMRC’s new disclosure facility gave people the opportunity to get on top of their crypto taxation before HMRC...
...HM Revenue & Customs has decided that my business owes a large amount of additional tax. I don’t agree and have not paid. Now the tax authority has served a statutory demand for payment on the company....
...Prime Minister Rishi Sunak said on Sunday that the government wanted to abolish national insurance entirely in the next parliament to end the “unfair” system of “double taxation” of income tax and national...
...“It’s not surprising it is a record because every year more and more people get dragged into needing to file a tax return,” said Helen Thornley, technical officer at the Association of Taxation Technicians...
...Property Hunt announced sweeping changes to property taxation, mostly aimed at increasing revenue. The government will abolish the multiple dwellings relief from stamp duty land transaction tax....
International Edition