Insolvent companies cost taxpayers £250m
Insolvent companies that were unable to pay their debts in the first six months of 2020 have cost British taxpayers...
Tuesday, September 22, 2020
Tax
Amazon UK paid only 3% more tax on profits of 35% in 2019
Amazon UK paid just 3% more tax in 2019, compared with a 35% increase in profits it recorded during the...
PwC duo appointed administrators of Nationwide Accident Repair
Racheal Wilkinson and Rob Lewis of PwC have been appointed joint administrators of Nationwide Accident Repair Services and several of...
Rising number of taxpayers declare income from overseas properties
The amount of rental income from overseas properties declared by UK taxpayers to HMRC jumped “dramatically” following a series of...
Scottish tax revenues hit new record despite Covid-19 impact
Scotland’s tax revenues have continued to increase over the past year, despite being impacted by the initial effects of coronavirus....
KPMG appointed administrators to Calon operating companies
Jim Tucker and David Pike from KPMG’s Restructuring practice have been appointed joint administrators of a number of operating companies...
Self-assessed income tax receipts down £4.5bn in July
Self-assessed income tax receipts hit decreased by £4.5bn to £4.8bn in July 2020 when compared with the same month last...
Tax evasion deal value up 25%
The amount of extra tax collected by HM Revenue & Customs (HMRC) through agreements with tax evaders that give immunity...
Millennial income tax hits ‘record’ high of £34.4bn
The amount of income tax paid by millennials hit a “record” high in the UK last year, soaring 13.4% to...
Capital Gains Tax revenues hit ‘record’ £9.5bn
Capital Gains Tax (CGT) revenues hit a “record” high of £9.5bn in 2018-19, up from £8.8bn the year before, according...
