All over-40s could face higher taxes to fund cost of care – expected to soar by £7billion a year 

All over-40s could face higher taxes to help fund the cost of care – which is expected to soar by an extra £7billion a year Prime Minister Boris Johnson considering options to end the social care crisis He is under pressure to solve the issue he promised to fix more than a year ago Johnson … Read more

Apple wins EU court battle over order to pay £12billion in back taxes

Apple wins EU court battle over order to pay £12billion in back taxes after the tech giant was accused of having an illegal sweetheart deal with Ireland Commission said Apple benefited from illegal state aid via two Irish tax rulings  These artificially reduced tax burden for over two decades, to 0.005% in 2014 Dublin controversially appealed … Read more

Callers were forced to wait 15 minutes to talk taxes with HMRC in May

Callers were forced to wait 15 minutes to talk taxes with HMRC in May- more than double the average waiting time for March By Money Mail Reporter For The Daily Mail Published: 22:01 BST, 14 July 2020 | Updated: 22:01 BST, 14 July 2020 Callers to HMRC customer services were put on hold for an … Read more

Rishi Sunak ‘will have to slash public spending or hike taxes to fund his £30 billion mini-budget’

Rishi Sunak will have to slash public spending or hike taxes to fill huge black hole in government’s books after his latest £30billion coronavirus mini-budget, warns former Justice Secretary David Gauke Chancellor Rishi Sunak unveiled ‘plan for jobs’ which could cost up to £30billion It is the latest in a number of interventions to dampen … Read more

Travel firms try to charge fees and taxes over cancelled holidays

Desperate travel firms are attempting to claw money back from holidaymakers by charging ‘monstrous’ cancellation fees. Others are claiming their small print means part of the holiday is ‘non-refundable’, even when the customer is entitled to a full refund by law. Last week Money Mail exposed how airlines and travel agents are using underhand tactics … Read more

Property tycoon Mohamed Hadid owes $1.2million in back taxes on his disaster mega-mansion

Embattled Los Angeles property tycoon Mohamed Hadid owes almost $1.2 million in back taxes on his controversial mega-mansion that a judge has ordered to be torn down, DailyMail.com can reveal. The unpaid property taxes are revealed in new court documents filed by Douglas Wilson, the receiver appointed by LA Superior Court to oversee the demolition … Read more

Coronavirus UK: Rishi Sunak hints future taxes will be high

Rishi Sunak last night hinted that future taxes will have to rise to pay for the unprecedented economic bailouts for business, workers and the self-employed.  Unveiling a huge rescue package for Britain’s army of self-employed workers, the Chancellor said he had set aside economic orthodoxy to deal with the national emergency, but warned that would … Read more

Chancellor Rishi Sunak hints that taxes will rise in future to pay for his rescue packages 

Rishi Sunak last night hinted that future taxes will have to rise to pay for the unprecedented economic bailouts for business, workers and the self-employed.  Unveiling a huge rescue package for Britain’s army of self-employed workers, the Chancellor said he had set aside economic orthodoxy to deal with the national emergency, but warned that would … Read more

Chancellor Rishi Sunak ‘could REVERSE UK taxes to subsidise wages’

Workers in Britain could receive an emergency weekly wage subsidy in what would be the biggest state economic intervention since the Second World War. Chancellor Rishi Sunak is expected to unveil a huge package of wage subsidies today to help save stricken companies and employees amid the coronavirus crisis. Two of the measures being considered … Read more

Government pushes for greener businesses as taxes raised for gas bills but frozen for electricity

Government pushes businesses to go greener as taxes are raised for gas bills – but frozen for electricity rates Chancellor announced in the Budget that gas levies will rise  Changes will come into effect in April 2022  Electricity is better for the environment than gas – but is currently taxed more  By Grace Gausden For … Read more