Inheritance tax paid by families more than doubles in a decade – raising fresh questions about the levy, which has been branded a stealth tax By Alex Lawson, Financial Mail On Sunday Published: 16:50 EST, 26 February 2022 | Updated: 17:46 EST,
Rishi Sunak today outright rejected calls from Tory MPs for immediate tax cuts as he warned demands on the state are only increasing. The Chancellor said that ‘supposedly self-funding tax cuts’ may be ‘highly seductive’ but he labelled the approach ‘irresponsible’ and
In a City of London lecture, the Chancellor will signal his desire to reduce the tax burden that has soared to a record high during the pandemic. He is set to plead for patience and reject calls from many, including from within
The taxman has grasped a 16 percent increase in the levy in the financial year to January. Total tax receipts from those leaving money and assets behind since April have leapt past £5bn and are on course for a record year, according
Trump Organization Chief Financial Officer Allen Weisselberg on Tuesday asked a judge to dismiss tax fraud charges brought against him by the Manhattan district attorney’s office, claiming the investigation into the ex-president’s family business was politically motivated. The company itself has also
Taxman hikes interest for unpaid tax but freezes rate on money it owes to overpayers for more than a decade By Ben Wilkinson for the Daily Mail Published: 18:43 EST, 22 February 2022 | Updated: 18:43 EST, 22 February 2022 HMRC is
‘No longer a tax for the wealthy’: HMRC brings in extra £700m in inheritance tax receipts as property prices surge Total of £5bn was collected in IHT between April 2021 and January 2022 This was 14% – or £700m – more than
The Centre for Economics and Business Research calculated that the Chancellor’s decision in his March 2021 Budget will combine with spiking inflation to hit middle earners hard. Inflation hit a record 5.5 percent last month – and is expected to top 7
A millionaire who built ‘Britain’s best man cave’ has been ordered to demolish the illegal giant leisure complex he built in his garden and faces £300,000 in costs. Graham Wildin, 69, lost an appeal against tax and VAT costs for his 10,000
Cheryl faces big bill over tax avoidance after she loses long-running battle with HMRC By Gregory Bennett for the Daily Mail Published: 19:33 EST, 20 February 2022 | Updated: 19:34 EST, 20 February 2022 Cheryl Tweedy faces a demand to pay up