A detailed study of HM Revenue & Customs says that wealthy Britons pay much less tax on earnings than official headline rates due to discrepancies in the system, amounting to £20 bn in lost revenue to the exchequer.
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Chancellor Rachel Reeves has unveiled this year’s Autumn Budget, introducing key changes to employer national insurance contributions, inheritance tax, capital gains tax, and other duties, forecasting an additional £40bn in tax revenue.
A detailed study of HM Revenue & Customs says that wealthy Britons pay much less tax on earnings than official headline rates due to discrepancies in the system, amounting to £20 bn in lost revenue to the exchequer.
Southall Travel Group has announced measures to ‘ramp up’ its capacity to deal with refund and other queries, as it issued £22 million worth of payments...
Shri Narendra Modi, Hon’ble Prime Minister of India while outlining his vision for an Atmanirbhar Bharat stated that he was confident that India would...
A power project half-owned by steel tycoon Sanjeev Gupta is hunting for Chinese backers to turn its renewable energy plan into reality
Three biggest airlines in UK have started legal proceedings against the government in a bid to overturn quarantine rules
Britain’s smallest companies are “jumping before they are pushed” by diverting £10bn in exports away from the EU as concerns mount over a possible collapse...
British Airways is proposing to outsource work being done by at least 450 employees it is making redundant
Britain’s manufacturers are poised to make tens of thousands of workers redundant after a worse-than-expected slump in orders, prompted by the pandemic...
A survey confirmed that British manufacturers saw another sharp downturn in May but the pace of the slump eased off from April’s record fall as the coronavirus shutdown brought much of the economy to a halt
Aston Martin Chief Executive Andy Palmer is leaving the business as part of a management shake-up and will be replaced by Tobias Moers, CEO of Mercedes-AMG, a source familiar with the development said