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Theresa May waters down 'dementia tax' in extraordinary U-turn after poll lead ...

Theresa May waters down 'dementia tax' in extraordinary U-turn after poll lead slashed
Humiliating climbdown comes after fierce protests about the huge care costs that pensioners would still face Rob Merrick Deputy Political Editor @Rob_MerrickTheresa May has performed an extraordinary U-turn by watering down her ...

Formula 1 pays just £7m in tax despite having underlying profits of £350 million

Formula 1 pays just £7m in tax despite having underlying profits of £350 million
By Christian SyltFormula 1 paid just £6.9 million in tax last year despite having underlying profits of £350 million on turnover of £1.4 billion. The revenues are booked at UK companies – based at F1’s headquarters opposite Hyde Park in Central London – which...

Conservatives eye post-death taxes to fund social care

Conservatives eye post-death taxes to fund social care
By: George Parker, Vanessa Houlder and Chris TigheNick Timothy draws up prospectus aimed at appealing to working familiesTheresa May is considering raising post-death taxes to fund changes to social care provision, as the Conservatives examine radical measures...

An unacceptable price for low business taxes

An unacceptable price for low business taxes
How the Tory policy of cutting corporation tax has given rise to a dangerous short-termism, which is harming British industry and wider society The Labour pledge to raise corporate taxes (Report, 10 May) is the economically responsible reaction to the ...

Diageo told to pay £107m in extra tax in profits row

Diageo told to pay £107m in extra tax in profits row
Diageo has been ordered to pay £107m by the UK tax authority as part of a long-running investigation into moving profit between its global businesses. The drinks giant said that under the new Diverted Profits Tax regime, HMRC will ask for more tax and ...

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