All posts in Tax News

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Facebook co-founder gives up US citizenship, saving millions in taxes

The co-founder of social networking giant Facebook, Eduardo Saverin, has decided to give up his US citizenship, a move which could save him millions of dollars in taxes. Facebook has been in the process of floating its shares, valuing the …

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Council tax frozen

Tax and benefit changes take effect in the UK on Good Friday

Tax changes introduced by the UK Chancellor George Osborne will take effect on Friday and Shadow Chancellor Ed Balls claimed today that the changes will leave the average

woman filling in a tax return

The New IR35 Business Test: How Will Contractors Be Affected?

The IR35 Forum has revealed that a new business test as well as six risk scenarios will be published in April by HM Revenue &

hmrc blunder

HMRC blunder leaves one million owing hundreds in tax

Around six million people are in line to receive tax rebates of around £400, whereas a further million face unpaid tax bills of at least £600.   Letters from her

Benefit Fraudster

Fraudster mum of nine claimed £63,000

A GYPSY mother-of-nine has admitted claiming over £63,000 worth of fraudulent benefits as a single mum - while living with her partner in their caravan.   Chavelle Price, 33, claimed

Hospital Car Park Charges

Illegal immigrant at hospital costs taxpayer 100k

AN illegal immigrant uneligible for NHS healthcare has been staying at a British hospital for more than a year - costing taxpayers GBP100,000. The Pakistani national - whose visa

Fraud

Bogus financial adviser jailed for tax fraud

A bogus financial adviser who fraudulently manipulated his “clients’” pension funds to avoid paying tax of over ?1.9 million has been jailed at Hull Crown Court for three

Gartner Summit to be held in London

Gartner to host first IT Summit in London

Gartner one of the world's leading information technology research and advisory company is to host its first IT Financial, Procurement and Asset Management (ITAM) Summit in London, UK

Tax break for small firms

Small firms across country will benefit from new tax break support

Figures being published today show how the country's 'small business capitals' are benefiting from dedicated double tax breaks, Local Government Secretary Eric Pickles announced today.   The latest figures reveal

EU wide financial transaction tax

Not if, but how? Implementing an EU wide financial transaction tax

French and German finance ministers are meeting this week to discuss the details of a joint proposal on how an EU wide financial transaction tax (FTT) could be

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