Tax News from Tax Justice UK 🇬🇧
There never seems to be a dull moment when it comes to tax issues these days. Last week alone, we saw a series of revelations about politicians’ finances that grabbed headlines. But beyond the personal dramas, the real story is our dysfunctional tax system. Angela Rayner, former Labour Deputy Leader, Continue Reading
HMRC MISSING BILLIONS IN TAX
HMRC is missing at least £40 billion in unpaid tax, known as the ‘tax gap’, which is the difference between the amount of tax owed and what the government collects. This is unacceptable at a time when health services and public services are on the brink of collapse due to Continue Reading
Trump Guilty of Tax Crimes, whilst Zahawi’s YouGov also Avoids Taxes
The family real estate business of former US President Donald Trump has been found guilty of tax offences.It was a protracted case that brought attention to issues with the tax affairs of a group connected to a significant and potent political figure.Allegations regarding the tax affairs of the wealthy and Continue Reading
Chancellor Kwarteng Promises “New Era” from his Mini-Budget
In a speech hailing a ‘new era for the UK economy’, Kwasi Kwarteng unveiled the biggest tax cuts in 50 years. There will be a reduction in income tax and stamp duty on home purchases, as well as a cancellation of planned increases in business taxes. In order to kickstart Continue Reading
Can Shell Be Dismantled?
It has been a turbulent year for the oil and gas giant Shell. Last May, Dutch courts ruled that Shell must drastically reduce its carbon emissions. In October, ABP, a major shareholder, divested from the company. The following month, the firm announced plans to move its headquarters from the Hague Continue Reading
