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TAX NEWS

UK's super rich appear to get special deal from HMRC, says watchdog

UK's super rich appear to get special deal from HMRC, says watchdog
By Rajeev SyalCommons public accounts committee says failure to crack down on wealthy tax dodgers undermines confidence in systemBritain’s wealthiest people appear to get preferential treatment from HM Revenue & Customs and are not being properly pursued for...

Draft legislation: deemed domicile - Income Tax, Capital Gains Tax and Inheritance Tax

Draft legislation: deemed domicile - Income Tax, Capital Gains Tax and Inheritance Tax
Please click on the link below:https://www.gov.uk/government/publications/draft-legislation-deemed-domicile-income-tax-capital-gains-tax-and-inheritance-tax

Tax change set to create non-dom teenage property tycoons

Tax change set to create non-dom teenage property tycoons
By: Naomi Rovnick and Vanessa Houlder Plans to impose inheritance tax on the properties of wealthy foreigners could end up benefiting upmarket nightclubs and Ferrari dealers instead, as ultra-rich families get around the rules by creating groups of ...

What do the wealthiest pay in tax?

What do the wealthiest pay in tax?
By Chris Grayling,In brief Claim The wealthiest are paying more and more tax. Conclusion There’s no one-line answer: it depends on who you define as the wealthiest. “The amount of tax paid by the wealthiest in our society has risen and risen in the ...

A race to the bottom on corporate taxation

A race to the bottom on corporate taxation
There will not be great anxiety in the EU if Theresa May suggests the UK uses tax to “regain competitiveness” in the context of Brexit (Tax haven threat starts week of talking tough, 16 January). The UK is already a tax haven, and oversees large quantities of ...

Who's behind the blog

Who's behind the blog

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