Shakira to face tax fraud accusation in Spanish court

The Colombian singer, Shakira whose estimated wealth is £176 million, is being investigated on suspicion of committing six separate counts of tax fraud against the Spanish Treasury totalling more than £12.5 million (€14.5 million).Continue reading

Surplus in CGT receipts boosts UK Government’s finances

According to the latest figures released by Office for National Statistics, income from taxes surpassed public spending by £14.9 billion, which has resulted in the Government’s largest January surplus since records began in 1993.Continue reading

ICAEW reveal valentine’s tax benefits

It may not be the most romantic reason to propose but with valentine’s day just a few days away the ICAEW are highlighting the tax benefits of getting married or entering a civil partnership.Continue reading

ICAEW urging workers to not leave tax return until the last minute

The Institute of Chartered Accountants in England and Wales (ICAEW) has warned self-employed workers not to leave their tax return “to the last minute”.Continue reading

Capital gains tax payment rules warning to residential property owners

The Association of Taxation Technicians (ATT) has issued a warning to residential property owners, about the need to carefully consider the timing of any sale or gift of their property in future.Continue reading

Generational divide over potential tax increase in UK

A recent survey conducted by Populus shows there is a clear generational divide over the issue of whether to increase taxation to help fund the public sector, with under-45s being much less supportive than those aged over 45.Continue reading

HMRC warns university students over fake tax refunds scam

HM Revenue and Customs (HMRC) reported that thousands of students have been targeted by hackers, who have tried to obtain their financial details. Continue reading

PayPal caught up in technology tax crackdown

PayPal is among the first global tech giants to come under the hammer of HM Revenue & Customs’ (HMRC) new tech tax policy after it agreed to pay an extra £2.7 million in tax.Continue reading

HMRC proposes important changes to CGT

HM Revenue & Customs (HMRC) has proposed a number of important changes to the ways in which it collects Capital Gains Tax (CGT) following the sale of residential properties.Continue reading

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