-
Govt kicks off direct tax code revision
19 Apr 2024 01:51 GMT
… compliance, reducing exemptions, making tax rates benign, including the September … tax rates, some instances are the introduction of General Anti-Avoidance … Rules (GAAR) provisions, taxation of indirect transfers …
-
HMRC to raise £1.1 billion through scrapping 'unfair' tax relief loophole
18 Apr 2024 15:40 GMT
… "unfair" inheritance tax relief loophole could raise billions … IHT fairer and generate more tax revenue. The AIM (formerly … seeking to minimise their inheritance tax liability. There is no … tax would respond to its removal by using other avoidance …
-
Rachel Reeves' adviser called for ‘codger’ pensioners to pay more taxes and be stripped of free TV licence
18 Apr 2024 12:01 GMT
… 's newly appointed tax adviser previously suggested … experts advising her on tackling tax avoidance.
But the appointment has … 's newly appointed tax adviser previously suggested "codger … square one by hiking up taxes.
"Meanwhile this …
-
Labour should think twice before taxing pensioners
18 Apr 2024 11:25 GMT
… raise income tax, National Insurance, capital gains tax and corporation tax, as … look at efforts to reduce tax avoidance. This is a slightly ill … the case of a particular taxpayer who stands accused of … as it pounces with windfall taxes on company profits on …
-
HMRC identifies four more tax avoidance schemes
17 Apr 2024 12:27 GMT
… its current list of named tax avoidance schemes, promoters, enablers and suppliers … identifying and raising awareness of tax avoidance schemes, questions remain over the … HMRC designated these as a tax avoidance mechanism.
The policy remains contentious …
-
How Easyway Umbrella and IPS Progression both failed to beat the taxman in court
18 Apr 2024 08:47 GMT
… HMRC’s publication of tax avoidance schemes is something I … arrangements under the Disclosure of Tax Avoidance Scheme (DOTAS) rules? … its published list of tax avoidance schemes under the … was a disguised remuneration tax avoidance scheme which paid part …
-
Brazil’s proposal to tax super-rich gains momentum amid G20, next steps in July
18 Apr 2024 07:37 GMT
… Brazil’s proposal to tax the super-rich globally gained … international consensus on the taxation of wealth this year, … Kristalina Georgieva said closing tax loopholes and ensuring that … research showed that ending tax avoidance by corporations could generate …
-
world Brazil's proposal to tax super-rich gains momentum amid G20, next steps in July
18 Apr 2024 07:04 GMT
… Kristalina Georgieva said closing tax loopholes and ensuring … research showed that ending tax avoidance by corporations could … Susana Ruiz Rodriguez, regional tax coordinator for Oxfam, said …
ALSO READ: Global billionaire tax could yield $340b annually …
-
Thailand’s revenue department ups tax amid economic slowdown
18 Apr 2024 04:52 GMT
… barriers could also affect tax collection. Nonetheless, tax collection for the first … also taking measures to prevent tax avoidance by large businesses using transfer … involves implementing a global minimum tax on large multinational corporations, reported …
-
Reeves adviser said ‘codger’ pensioners should pay more tax
18 Apr 2024 01:10 GMT
… codger” pensioners should pay more tax and said young people should … her on cracking down on tax avoidance.
But Troup, a former … that pensioners were an “under-taxed generation” who “have had … codger” pensioners should pay more tax and young people should have …