Actor Simon Pegg calls for higher taxes on the rich
Actor and screenwriter Simon Pegg has called for the wealthiest in society to pay more tax.
tax
Iain Maciver: The taxman cometh – always at the wrong time of the year
If you have a cushy nine-to-five job you will not understand the anguish that the rest of us go through at this time of year.
Tax promises under spotlight as Corbyn concedes low earners could pay more
Labour leader Jeremy Corbyn’s admission that some low incomes taxpayers could end up paying more under his party’s manifesto proposals has put the election focus on tax plans.
Labour accused of ‘taxing Aberdeen’ after committing to £11billion oil and gas charge
Jeremy Corbyn has been accused of endangering the future of the oil and gas industry and imposing a "tax on Aberdeen" after Labour unveiled plans to charge the sector £11billion to "pay the cost of the climate emergency".
Labour announces £11bn windfall tax on oil and gas companies
Labour would hit oil and gas companies with a windfall tax of about £11 billion in order to finance plans to tackle the climate crisis by creating a greener economy.
HM Revenue and Customs says it did not miscalculate Rangers tax demand
The tax authority has refuted claims that it miscalculated a demand which was a major factor in the financial collapse of Rangers in 2012.
What do Labour and the Tories think about taxing the rich?
While party apparatchiks are still dotting the Is and crossing the Ts of their manifestos for the General Election, it is clear they will contain major differences when it comes to policies on taxing the rich.
HMRC crackdown on big business tax avoidance paying off, report suggests
The taxman collected an extra £9.8 billion through investigations into the UK’s biggest 2,000 companies last year, according to new research.
Former Bake Off winner in bid to save village pubs from ‘astronomical’ beer tax
Candice Brown has called on the Government to protect the “lifeline” of local pubs by cutting “astronomical” levels of beer tax.
Council tax rebate scammers still targeting Highlands
Highland Council has issued an urgent alert about criminals still targeting Highland with council tax rebate scams.
Doctors’ pension arrangements hampering patient care in Highlands
Pension rules which mean top doctors are hit with huge tax bills for taking on extra work are causing patients in the north to miss out on treatment.
Sponsored: Money Matters – Tax Wrappers
INDEPENDENT FINANCIAL ADVICE ON MONEY MATTERS AROUND THE HIGHLANDS, ISLANDS & MORAY When we save for the medium or long-term, we need to decide which product or “tax wrapper” to invest into.
Kirsten McKinnon: Tax changes would have a ‘big knock-on effect’
Is Inheritance Tax reform on the cards?
Lisa Tait: Is Scottish income tax progressive or divisive?
Since the historic introduction of Scottish rates of income tax in April 2017, taxpayers north of the border have been subject to different taxation levels on non-savings and non-dividend income than in the rest of the UK.
Don’t rely on the taxman to help with new off-payroll rules
The long-awaited consultation into off-payroll working rules for the private sector from April 2020 drew to a close on May 28.
Shell receives £113m UK tax refund in 2018
Oil giant Shell received a £113 million tax refund from the UK Government in 2018.
Lorraine Kelly wins £1.2 million tax battle
TV presenter Lorraine Kelly has won a £1.2 million battle with HMRC after a tax tribunal judge ruled she was not an ITV employee.
SPONSORED: Those international tax implications of Brexit
Ongoing ambiguity surrounding Brexit is affecting many kinds of businesses in different ways.
SPONSORED: Changes to taxation in post-Brexit landscape
If the UK and EU conclude a withdrawal agreement by March 29, or by the end of any agreed extension, there will be a transition period.
Shakira summoned to Spanish court for June hearing on tax
A Spanish court investigating Shakira for possibly evading 14.5 million euros in taxes has called on the pop music star to give evidence in mid-June.
Don’t be left howling at the moon if it’s ‘no-deal’
Peter Courtney, international tax specialist at Johnston Carmichael, looks ahead to the possible tax changes that will affect Scottish businesses operating internationally in a post-Brexit landscape.
Scotland set for rise in council tax as part of new budget deal
Derek Mackay yesterday paved the way for council tax rises across Scotland as he brokered a budget deal with the Greens that will also introduce a new levy on tourists.
‘Witch mother-in-law put a curse on me’ among strangest late tax excuses
A witch’s curse, a postbox that was too tall and a slow-learning maid are just some of the most outlandish excuses HM Revenue and Customs have received from people who completed their tax returns too late in the past year.
Oil sector to ‘feel the heat’ over changes to contractor pay rules, says tax expert
The oil and gas sector is bracing for the “extensive impact” of changes to off-payroll working rules announced in the chancellor’s budget, according to a tax expert.
Callum Wilson: A Budget for Grafters?
Entrepreneurs’ relief, the 10% capital gains tax rate on sale of trading business interests, is an emotive subject. It is either the ‘worst relief’ and costs the Government £2bn a year (The Resolution Foundation) or it’s one of the reasons why people are encouraged to set up businesses and pay tax in the UK. Business owners certainly don’t seem to emigrate to avoid UK capital gains tax like they did in the 1990s.
SNP say MP’s ‘two governments’ comment shows Tories still oppose devolution
The SNP has rounded on Tory MP Andrew Bowie after he said he was “sad” Scotland has two governments.
Widening tax gap could see higher-earners declaring their income south of the border, Sturgeon warned
Nicola Sturgeon has been warned the widening tax gap between Scotland and the rest of the UK risks higher-earners declaring their income south of the border.
Oil service boss banned over tax inaccuracies
A north-east engineering boss has been banned from running companies for seven years after failing to pay correct tax.
Celebrity bodyguard jailed for £419,000 tax swindle
A celebrity bodyguard was jailed for four years yesterday after being convicted of swindling the taxman of £419,000.
North Sea tax breaks unlikely to be targeted in next Budget
The Treasury is unlikely to reverse North Sea tax breaks in the upcoming Budget amid industry warnings it could cause “irreversible damage”, it emerged last night.
Tax office accused of Mafia tactics by MP
The tax office has been accused of ‘Mafia tactics’ by Orkney and Shetland MP Alistair Carmichael.
Scottish Government could be hit with £1m charge to improve welfare payments
The Scottish Government could be hit with a £1 million bill for making it easier for claimants to budget with Universal Credit welfare payments.