Tax Avoidance
- BusinessAOL
Celebrities fail to escape £700m tax bill
Stars including David Beckham, Gary Lineker and Ant and Dec have failed in their attempt to get a massive tax bill overturned. The celebrities had invested in a company called Ingenious, which enabled clients to cut their tax bill by investing
2-min read - BusinessAOL
Time to duck: 'government by headline' is back
Ah, government by headline. Isn't it marvellous? David Cameron gets caught doing something perfectly legal and actually – as far as I can see – the same as what lots of investors in unit trusts/Oeics do all the time. But
5-min read - BusinessAOL
HMRC beefs up but what are the rules?
HM Revenue & Customs (HMRC) is getting tough on high earners by beefing up its powers to peer into their tax affairs.The headcount at the 'Affluent Unit' within HMRC has gone from 213 in 2012/13 to 327 in 2014/15 and the cost of
2-min read - NewsAOL
Why doesn't the UK want to talk tax with Europe?
I know a lot of people don't particularly like the EU and think that MEPs are a load of people sticking their noses into the business of countries they know nothing about – but they may have a point when it comes to tax. A
2-min read - BusinessAOL
Global tax crackdown will hit US firms
For a long time, tax avoidance (exploiting loopholes to pay less tax, entirely legally) by multinationals was considered a fact of life. It's just what happens when countries have different tax regimes and they all want to attract business
5-min read - BusinessAOL
How to pay tax like Facebook
How do you feel about the fact that social media behemoth Facebook probably pays less tax than you? Probably a bit mad; but I don't want you to get mad, I want you to get even and reduce your tax bill too. Apparently Facebook paid
2-min read - BusinessAOL
What do Corbyn's tax plans look like
Jeremy Corbyn is the new leader of the Labour party and his 'Corbynomics', as it has been dubbed, is at the heart of a plan to make the party one of 'economic credibility and economic justice'. In short, Corbynomics is a
2-min read