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TAX NEWS

Budget 2018: Tech giants face digital services tax

Budget 2018: Tech giants face digital services tax
Technology giants will be forced to pay tax on the sales they generate in the UK, under new plans announced in the Budget. Chancellor Philip Hammond plans to introduce a digital services tax from April 2020 following a consultation. He said "established tech...

Debenhams boss calls for end to 'preferential' tax regime for online retailers

Debenhams boss calls for end to 'preferential' tax regime for online retailers
Call comes as department store announces store closures after worst loss in 240-year history.The boss of Debenhams has called on the government to end the “preferential” tax regime for online retailers as the department store said it could close...

Patisserie Valerie: court dismisses winding-up case over £1m tax bill

Patisserie Valerie: court dismisses winding-up case over £1m tax bill
Patisserie Valerie: court dismisses winding-up case over £1m tax bill Patisserie Holdings says it is investigating share bonuses that were cashed in this yearThe owner of Patisserie Valerie has fought off a winding-up petition against its principal trading ...

Goldman Sachs and Cargill fined €89m in UK tax avoidance case

Goldman Sachs and Cargill fined €89m in UK tax avoidance case
The US giants have been charged in one of the largest corporate tax victories for the UK's HM Revenue and Customs.US titans Cargill and Goldman Sachs have been found guilty of tax avoidance and subsequently handed a £79m (€89m) bill. The case, which is one of...

The tax man puts nearly 200 players under investigation in image war as HMRC expands probe...

The tax man puts nearly 200 players under investigation in image war as HMRC expands probe into football
HMRC has expanded its probe into football - with almost 200 footballers now under investigation for alleged tax abuses linked to image rights payments. Tax officials are probing 198 players at 44 Premier League and Football League clubs, as well as ...

Who's behind the blog

Who's behind the blog

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