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TAX NEWS

David Beckham and other celebrities lose £700m tax case

David Beckham and other celebrities lose £700m tax case
Celebrities including David Beckham and Wayne Rooney have lost a legal bid to overturn a £700m tax bill. They were among more than 1,000 people who invested in the Ingenious film financing schemes in the hope of securing tax relief. Ingenious, which helped ...

Super-rich evade on average nearly third of their due tax

Super-rich evade on average nearly third of their due tax
By Rupert NeateChance of assets being hidden rises very sharply with wealth, finds economists’ study based on Panama Papers dataThe richest 0.01% of households, involving those with more than £31m assets, evade paying 30% of their taxes on average, according ...

Australia targets foreign homebuyers with property tax rise

Australia targets foreign homebuyers with property tax rise
By: Jamie Smyth in SydneyNSW doubles stamp duty for overseas purchasers in attempt to subdue Sydney pricesAustralia’s most populous state is more than doubling taxes on foreign homebuyers in an attempt to tackle a housing cost crisis in Sydney, the country’s ...

Beneficial ownership register may be waste of time, tax chief tells MPs

Beneficial ownership register may be waste of time, tax chief tells MPs
By Gareth Hutchens‘It could be good but it could be just a lot of “stuff” that doesn’t really help us,’ Chris Jordan says at Senate estimates hearingThe Turnbull government’s plan to introduce a public register revealing the identities of the beneficial owners...

The 1000 richest families in Scandinavia evade a third of their taxes, finds a new ...

The 1000 richest families in Scandinavia evade a third of their taxes, finds a new bombshell study
By Tom TurulaA new study indicates that Scandinavia's wealthiest families are moving their money abroad to avoid paying taxes.Research study: The richest families in Scandinavia avoid paying up to a third of their taxesThe study estimates that the 1000 richest...

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Who's behind the blog

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