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

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

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