tax

Non-doms face HMRC crackdown after High Court ruling

2010-02-22 14:07 - 1 comment
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A new ‘crackdown’ on wealthy tax exiles could be on the cards after a landmark victory for HMRC at the Court of Appeal over its interpretation of residency laws.

Portsmouth FC tax own goal puts industry under spotlight

2010-02-15 12:00
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Own goal or ahead on penalties? Portsmouth FC's troubles have thrown an unwelcome spotlight on football and financial management.

Robin Hood tax campaign launched

2010-02-12 17:32
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A group calling itself ‘The Robin Hood Tax campaign’ is calling for the government to back a tax on banks’ financial transactions which would be used to tackle poverty and climate change.

Banks plan to absorb cost of Darling's bonus tax

2010-01-11 12:14
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Faced with the prospect of reducing the size of their bonuses, major City firms are more likely to absorb the cost of Alistair Darling's 50% windfall...

JPMorgan Chase puts Carnary Wharf plans in doubt over bonus tax

2009-12-29 15:37
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JPMorgan Chase is said to be threatening to axe plans to build a new headquarters for its European operations in London following the introduction of...

Thatcher: Tax the bankers!

2009-12-07 12:54
“I shall never forget the weeks leading up to the budget. Hardly a day seemed to go by without the financial scene deteriorating in some way. Th...

VAT in a digital world

2009-11-16 14:49
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All businesses with turnover of £100,000 or more will be required to file and pay VAT by electronic methods from April 2010.

Transparency isn't everything

2009-11-16 13:59
Is a transparent tax system a good thing? Rebecca Bennyworth, Sift Media’s tax expert, wonders is it necessary or just desirable?

Get to know those pesky new VAT charges

2009-11-10 14:58
The Finance Act 2009 imposes a supplementary charge to VAT, warns Rebecca Bennyworth.
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The Bottom Line:If Mr Cable has his way...

"If Mr Cable had his way, all the big banks would be broken up and bonuses would be virtually eliminated - a sure-fire way in my view of guaranteeing an end to the UK’s ability to compete as an international financial centre. Let’s not forget that this is a man who is on record as saying that everyone who works in a bank has an ‘aristocratic lifestyle’ clearly demonstrating his lack of understanding of the sector." A tough line on bankers’ bonuses could make a brain drain of financial talent a distinct possibility, warns Paul Marsden. Read more