Trump Organization found guilty of tax crimes after New York trial

The business is synonymous with the former president, but neither he or his (...)

HMRC closes phone lines due to technical fault

The tax authority has urged people to access information online as they seek (...)

Insulation: Households could save £300 in new insulation scheme

Government announces extra funding to help those in least-efficient homes (...)

Autumn Statement: When is it and how will it affect me?

With the UK facing a cost-of-living crisis the government is set to unveil (...)

Jeremy Hunt: Everyone will have to pay more tax

The chancellor also tells the BBC he wants to make sure any recession is as (...)

Shell pays no UK windfall tax despite profits jump

The energy giant reports $9.5bn in profits, its second highest quarterly earnings (...)

UK tax and spending plan pushed back by two weeks, says Hunt

The much-anticipated statement will now take place on 17 November, the chancellor (...)

UK faces tougher austerity era - ex-Bank chief

Former Bank of England governor Lord King says people could face "significantly (...)

What makes Nashville a magnet for entrepreneurs?

Nashville, Tennessee has a lot to offer budding entrepreneurs, including a (...)

Pound rises and borrowing costs fall as chancellor moves to calm markets

Government borrowing costs fall and sterling climbs as most of the mini-budget (...)

Big and painful cuts needed to fix budget, says IFS

Public spending needs to fall by £60bn to balance the books if tax cuts go (...)

Kwasi Kwarteng U-turns on plans to scrap 45p tax rate

Kwasi Kwarteng says the proposal was "drowning out a strong package" to boost (...)

Ground should have been laid for tax cuts, admits Liz Truss

But the prime minister says she sticks by her mini budget, despite a bad reaction (...)

Tory conference: We must stay the course, insists Chancellor Kwasi Kwarteng

Kwasi Kwarteng will defend his tax cuts during his Conservative Party conference (...)

Kwasi Kwarteng: We stopped consumer spending collapse

Chancellor Kwasi Kwarteng says he will stick to his tax cut plan despite days (...)

EU agrees windfall tax on energy firms

The EU has agreed to implement levies on energy firms which are benefiting (...)

Liz Truss admits disruption after tax cut pledges

The prime minister acknowledges that her economic plans will "involve disruption (...)

Thousands complain to HMRC about tax repayments

The number of people complaining to HMRC about companies claiming tax repayments (...)

Minister rejects U-turn on tax-cutting mini-Budget

Financial Secretary to the Treasury Andrew Griffith said they were the "right (...)

IMF openly criticises UK government tax plans

The UK government proposals will work at "cross purposes" with the cost-of-living (...)

Keir Starmer: Labour would reverse cut to top income tax rate

Scrapping the 45% rate is the "wrong choice" during a cost-of living crisis, (...)

Kwasi Kwarteng: I want to keep cutting taxes

Tax cuts will help to boost growth, says chancellor, as government also looks (...)

Labour conference: Rachel Reeves pledges to spend top rate tax on more nurses

The shadow chancellor says Labour is now the party of economic responsibility (...)

Falling pound: What does it mean for me and my finances?

The value of the pound touched a record low against the dollar on Monday after (...)

Stamp duty cut in bid to help house buyers

The chancellor says the changes mean 200,000 more house buyers will no longer (...)

Income tax to be cut by 1p from April

The basic rate of income tax will fall by 1p from April with most people paying (...)

Pound sinks as investors question huge tax cuts

Markets worry over the outlook for government finances following the biggest (...)

Ukraine war: EU moves to cut peak electricity use by 5%

EU chief Ursula von der Leyen also calls for windfall taxes on energy companies (...)

Tory leadership: Liz Truss dodging scrutiny of tax plans, claims Sunak

Rishi Sunak steps up attacks on Tory leadership frontrunner as the contest (...)

Tory leadership race: Tax cut pledges are unrealistic, says IFS

Slashing taxes would add to pressures on public finances unless spending is (...)

Liz Truss defends energy firms saying profit is not evil

The Tory leader hopeful says profit is not "dirty" and windfall taxes were (...)

Truss tax plans accused of breaking spending rules

Tax cut plans mean higher borrowing or lower public spending, or both, says (...)

Cutting UK taxes now would be a mistake, says IMF

Tax cuts could be misguided and might boost inflation by strengthening spending, (...)

Tory leadership race: Rivals battle over tax cutting pledges

Tax has emerged as a key battleground in the race to replace Boris Johnson (...)

Tax cut beauty contest could turn ugly

Many candidates vying to become Tory party leader are eyeing tax cuts, but (...)

UK government debt on unsustainable path unless taxes hiked, says OBR

Energy prices and an ageing population risk more pressure on the economy, (...)

Two million workers free from National Insurance

Employees can now earn £12,570 a year before paying National Insurance tax, (...)

Sri Lanka fuel crisis: Waiting for days to get fuel

Even taxi drivers and car salesmen are forced into two-day mile-long queues (...)

Two million more people paying higher rate tax

The number of workers in higher income tax bands has risen by almost two million (...)

Train strikes: How did passengers cope with day one?

As services ground to a halt, figures suggest commuters turned to bikes, taxis (...)

Sector must improve lorry driver conditions or face tax, MPs say

The haulage industry should be given two years to make changes or face a new (...)

Windfall tax will drive away North Sea investors, says industry body

Oil and gas operators fear a new levy will create "long-lasting uncertainty (...)

Cost of living package will have minimal impact on inflation, says Rishi Sunak

The chancellor defends measures to help with the cost of living, which he (...)

Warning poorest households are struggling to get £150 energy rebate

Fuel poverty charity warns that low income households will wait longest for (...)

Cost of living: Labour to call vote on windfall tax for oil and gas companies

It is shameful not to raise extra money from oil and gas firms amid the rising (...)

Council tax rebate: Warning issued over new scam pretending to offer £150

Fraudsters are cold-calling people asking for bank details to receive the (...)

National Insurance rise starts to hit pay packets

The prime minister says it is fair for some to face an extra tax burden to (...)

HMRC must do more to recover taxes unpaid due to pandemic, say MPs

The total tax debt in the UK now stands at £39bn, more than double what it (...)

Spring Statement: Is this really the biggest personal tax cut for 25 years?

The Spring Statement cut some taxes but, overall, the government has raised (...)

Taxpayer left to pay billions due to Covid fraud, say MPs

Public Accounts Committee report says the taxpayer is exposed to long-term (...)

Fines loom for late self-assessment tax returns

Nearly 1.5 million people are still to file and so could face fines from the (...)

Students to pay off loans into their 60s, plans say

The government announces a shake-up of student finance in England to reduce (...)

Losing Southeastern franchise to cost Go-Ahead £81m

Go-Ahead Group was stripped of the franchise in 2021 after failing to declare (...)

Do more to spur investment, firms urge government

The trade body says firms need help as they face the highest tax burden in (...)

HMRC seizes NFT for first time in £1.4m fraud case

The tax authority says it is the first UK law enforcement body to seize a (...)

BP profits surge amid calls for windfall tax

The energy giant benefited from higher oil and gas prices last year.

Most homes to get energy bill discount of £350

Millions will get a repayable £200 rebate, with a further £150 council tax (...)

Fuel and excise duty must be replaced with new tax, MPs say

The UK will be left with a £35bn "black hole" as motorists switch to electric (...)

Two million people miss tax return deadline

Penalties for late filing will not be enforced for another month, HM Revenue (...)

Graduates in England facing tax rise by stealth, says IFS

The warning from the IFS comes as the threshold for repaying student loans (...)

Kwarteng: No U-turn on National Insurance tax rise

Business Secretary Kwasi Kwarteng says a National Insurance rise to fund the (...)

Millions yet to file tax return as scammers circle

HMRC says 3.5 million people are still to file, but it will not fine those (...)

UK steel future uncertain without US tariffs deal

Europe has reached an agreement over Trump-era taxes but the UK is still facing (...)

Uber prices could rise 20% after UK ruling

In a move that will affect the whole taxi industry, a judge has ruled Uber (...)

Shell plans to move headquarters to the UK

The oil giant will shift its tax residence from the Netherlands to the UK (...)

G20: World leaders agree to historic corporate tax deal

Leaders at the G20 in Rome endorse a proposal that sets a minimum tax rate (...)

Budget 2021: Prosecco and pint taxes to fall, red wine to rise

A shake-up of alcohol duty is announced by the chancellor, with higher taxes (...)

Why 2.3 million US children could miss out on expanded tax credit

About 67 million US children are eligible for new benefits, but some of the (...)

You may be able to book a flying taxi within three years

Firms are racing to bring flying taxis and the mini-airports they need into (...)

The tax fraud merry-go-round that cost billions

A former banker is now a poster boy for a scandal described as "the theft (...)

Tax cheat schemes cost governments billions

Major tax evasion and avoidance schemes have deprived countries of £127bn, (...)

Nations agree to 15% minimum corporate tax rate

The historic deal is designed to make big corporations pay a fairer share (...)

Council tax could rise by £220, say researchers

Households in England could see bills jump within three years, says the Institute (...)

Overseas workers only way to solve shortages, says Next boss

Next boss Lord Wolfson says hiring overseas workers under a visa tax scheme (...)

Stamp duty holiday: Success or failure?

As stamp duty returns to its pre-pandemic status, there are opposing views (...)

Boohoo sales soar but shipping costs dent profits

The fast fashion retailer saw pre-tax profits hit by high shipping costs in (...)

Restaurants warn prices will rise due to VAT hike

The increased sales tax will be passed on to customers, say restaurant and (...)

Southeastern stripped of franchise over undeclared funding

Southeastern failed to declare more than £25m of taxpayer funding that should (...)

Gas price crisis: Food firms face huge price rise for carbon dioxide

The US supplier of CO2, which will receive millions in UK taxpayer support (...)

E.On boss: Remove green levies to cut energy bills

Cut soaring energy costs by paying energy levies through taxes, E.On UK boss (...)

Amazon pays £492m in UK tax as sales surge to £20.6bn

The online retail giant saw UK sales rise by 50% last year amid a Covid-driven (...)

Why tax pay packets more and not property?

The pandemic response has spurred a greater willingness to tax wages rather (...)

Business bosses warn new tax could hit jobs

Lobby groups have described a new health and social care tax as "ill-timed" (...)

House prices: Demand changes, not tax waiver, pushed prices up

The stamp duty holiday did not cause rising house prices, the Resolution Foundation (...)

The $8bn EV company you’ve probably never heard of

Electric vehicle firm Arrival is worth $8bn (£5.7bn) - and is only making (...)

EU puts its digital tax plan on ice

The EU says suspending the plan will help achieve a global tax deal, but Ireland (...)

G20 finance ministers back deal to tax companies

The plan aims to make companies pay their "fair share" by setting a minimum (...)

Cairn Energy gets right to seize Indian assets in tax row

Oil and gas firm Cairn Energy gets backing from a French court in a tax row (...)

Global tax overhaul backed by 130 countries

The OECD, which led the talks, announces that many have backed plans for a (...)

Trump Organization expected to be charged over tax

The firm and its chief financial officer are set to be charged with tax-related (...)

John McAfee: Anti-virus creator found dead in prison cell

The software mogul is found dead hours after a Spanish court allowed his extradition (...)

Tax details of US super-rich allegedly leaked

US authorities probe leak claiming to show how billionaires including Jeff (...)

G7: Rich nations back deal to tax multinationals

G7 finance ministers have agreed to work together to create a "level playing (...)

British exports worth billions have faced EU tariffs since Brexit

Despite the tariff-free deal agreed with the EU, a study finds up to £3.5bn (...)

Samsung heirs to pay record inheritance tax

The Lee family will pay more than $10bn, one of the largest ever inheritance (...)

Climate change: Shipping industry calls for new global carbon tax

The global shipping industry wants governments to tax their carbon emissions (...)

Joe Biden: Could his tax plan affect US investment in Ireland?

US investment in Ireland could dry up if President Biden leads a major change (...)

Why global tax talks are back on the agenda

International efforts to reform business taxation have been given new impetus (...)

Tax wealth to help shrink inequality caused by Covid says IMF

Inequality had widened in the year since the virus first hit the global economy, (...)

Consumption Tax Trends: Key findings for Portugal

The Portuguese standard VAT rate is 23.0%, which is above the OECD average. (...)

Freeports: What are they and will they make the UK money?

Rishi Sunak thinks the low-tax zones will boost struggling parts of the UK (...)

Fraudsters stepped up efforts in new year, HMRC figures show

Con-artists claimed people could receive a tax rebate or a grant, as they (...)

UK government borrowing hits highest January level since records began

It is the first time in 10 years that more have been borrowed than collected (...)

House prices up 8.5% in 2020 amid tax holiday

Prices climbed at their fastest annual rate since October 2014, official figures (...)

US airline set to buy flying electric taxis for airport runs

United Airlines plans to buy 200 of the aircraft to fly passengers to airports (...)

Tesco tells Chancellor to hit online rivals with sales tax

Boss Ken Murphy has asked Chancellor Rishi Sunak for a "level playing field" (...)

Amazon criticised in paying lower rates than shops

Amazon has been accused of paying less business rates tax than British bricks (...)

HMRC waives penalty for late filing of self-assessments

Self-employed people will not be fined if they file their tax returns online (...)

US backs down from tariffs over French tech giant taxes

The decision comes less than three weeks before US President Donald Trump (...)

Brexit: Problems grow at UK ports with backlogs and delays

Many retailers believe they will be paying taxes on exports of goods that (...)

Snapchat boss: US faces ‘century of competition’

The billionaire founder of messaging app Snapchat also said he was "happy" (...)

Uber sells off flying taxi unit

Elevate is the second business Uber has sold off this week as the company (...)

Spending Review: Council tax likely to rise, says think-tank

The IFS says the Spending Review means council tax could rise an average £70 (...)

If public spending was £100, how would it be split?

Every year the chancellor doles out billions of pounds of taxpayer money, (...)

Switzerland moves to close bribery loophole

Bribes paid to private individuals will stop being tax deductible from 2022, (...)

Capital gains tax: Rate should double, says government review

The chancellor commissioned the report in July as part of efforts to cover (...)

Capital gains tax: Overhaul urged by government body

The chancellor commissioned the report in July as part of efforts to cover (...)

Five questions for Joe Biden on the economy

Coronavirus, climate, taxes, tech and trade - what will Joe Biden do?

Former BHS owner jailed for six years for tax evasion

A court heard Dominic Chappell spent the money that was owed on two yachts (...)

Anti-virus creator John McAfee arrested over tax evasion charges

The anti-virus creator faces extradition to the US for allegedly failing to (...)

European Commission to challenge Apple tax bill verdict

EU court ruling that the tech giant does not have to pay hefty back taxes (...)

Low tax on heating is bad for climate, report says

The rich benefit most from a de facto subsidy for home heating, a report says. (...)

US budget deficit soars to $3tn record

Coronavirus aid programmes have prompted the gap between spending and tax (...)

Amazon pays £290m in UK tax as sales surge to £14bn

The tech giant has faced scrutiny over its UK tax bill, but says it pays "all (...)

Facebook agrees to pay France €106m in back taxes

The social networking giant has also agreed to pay France 50% more tax for (...)

Working from home: How to cut your tax bill

Home workers can claim tax allowances for their lighting, heating and other (...)

Capital gains tax review is standard practice, says Treasury

The Treasury has launched a review of the capital gains tax system to “ensure (...)

Bailiff fears as councils chase unpaid tax debts

Like thousands of people in council tax debt, Penelope Dudley fears the bailiffs (...)

Coronavirus: Disney heir and Ben & Jerry’s call for higher taxes

Some of the world’s richest people want governments to raise taxes on them (...)

People urged to check tax credits after HMRC error

One million renewal notices were sent with incomplete details as payments (...)

Increase car taxes to help climate, advisers say

Car taxes should be raised to help fund the battle against climate change, (...)

Coronavirus: Energy firms permitted to chase unpaid bills again

Bailiffs are still banned from knocking on doors to collect unpaid parking (...)

U.S. pulled out of talks on digital services taxes - Lighthizer

U.S. Treasury Secretary Steven Mnuchin decided to pull out of negotiations (...)

UPDATE 1-U.S. pulled out of talks on digital services taxes -Lighthizer

U.S. Treasury Secretary Steven Mnuchin decided to pull out of negotiations (...)

Honeywell launches new business unit to capture drone market

Honeywell International Inc, a major supplier of aerospace products, said (...)

OECD: No deal on digital tax risks trade war

The international group has been overseeing talks on taxing US tech giants. (...)

UPDATE 1-U.S. lawmaker wants insurers, govt to share future pandemic business losses

U.S. legislation introduced on Tuesday would create a taxpayer-backed insurance (...)

Coronavirus: Jaguar Land Rover in talks over government loan

The carmaker is reportedly seeking more than £1bn in taxpayer support as (...)

Coronavirus: Uber tells all drivers to wear face masks

The ride-hailing firm is providing UK taxi drivers with protective gear, but (...)

Can robotaxis ease public transport fears in China?

More self-driving cabs are being launched in China at a time when people are (...)

Uber axes 3,700 staff as trips drop in lockdowns

The pandemic has added to financial challenges facing the taxi-hailing app (...)

Britain says around a quarter of workers furloughed

Around a quarter of employees in Britain have been furloughed and companies (...)

CORRECTED-UPDATE 2-Intel buys Moovit transit app for $900 mln to help develop robotaxis

Chipmaker Intel Corp has bought Israeli public transit app maker Moovit for about (...)

REFILE-UPDATE 1-Lloyds Banking Group scrapes profit after $1.75 bln COVID-19 provision

Lloyds Banking Group saw its pretax profit all but wiped out in the first (...)

UPDATE 2-StanChart eyes quick recovery as profit falls 12% on coronavirus crisis

* Q1 pretax profit at $1.22 bln versus $1.38 bln a year prior

US bond fund outflows set weekly record - Lipper

U.S.-based taxable bond funds shed $55.9 billion in the week to Wednesday, (...)

UPDATE 2-Turkey mulls tax relief to blunt coronavirus pain -sources

* Fed easing opens door to sharper Turkish rate cut (Adds options cited by (...)

UPDATE 1-Portugal to help firms through coronavirus, tough measures in place

Portugal moved to help businesses weather the coronavirus epidemic on Friday (...)

Budget 2020: Richer or poorer? Ask the calculator

Use our Budget calculator to find out how your pocket may be affected by the (...)

Budget 2020: Pledges on tampon tax and the future of cash

The 5% VAT rate will go in January, and the chancellor will also protect the (...)

Man Group full-year profits up as market gains offset net outflows

British hedge fund manager Man Group posted a 2019 adjusted pretax profit (...)

Jupiter full-year profits hit by outflows, cancels special dividend

British asset manager Jupiter Fund Management said full-year pretax profits (...)

Budget 2020: Chancellor must raise taxes in first Budget, says IFS

A think tank says Rishi Sunak risks breaking Treasury rules on borrowing if (...)

Boeing could lose state tax break amid tariff fight

Lawmakers in Washington state say they want to avoid a trans-Atlantic tariff (...)

RBS profits beat expectations, to rebrand as NatWest

Royal Bank of Scotland reported a better than expected pre-tax profit of 4.2 (...)

CORRECTED-U.S. carbon price group boosts lobbying in Congress, releases plan

A group aiming to spur climate change legislation that would tax carbon emissions stepped (...)

UPDATE 1-U.S. carbon price group boosts lobbying in Congress, releases plan

A group aiming to spur climate change legislation that would tax carbon emissions stepped (...)

Exchange Operator CME Group posts 22% rise in quarterly profit

Exchange operator CME Group Inc on Wednesday posted a 22% rise in fourth-quarter (...)

Poorer households may get help on energy bills

The burden of paying for clean energy technology could be shifted to the tax (...)

UPDATE 1-Indian shares slide as federal budget fails to inspire

Indian shares fell on Saturday to their lowest closing level in more than (...)

INDUSTRY VIEWS-India budget focuses on tax cuts, farm spending to revive growth

Indian Finance Minister Nirmala Sitharaman on Saturday unveiled the budget (...)

Self-assessment tax deadline looms

Many thousands of people are leaving their tax return until the deadline of (...)

Amazon owed £3m tax rebate amid Rugeley floor space row

The online giant has won an appeal against a local council over mezzanines. (...)

France agrees to delay new tax on tech giants

A digital sales tax, that provoked a threat of tariffs from the US, has been (...)

Flybe confirms it will get a tax and duty holiday

But the struggling airline says the debt with tax authorities is far lower (...)

UPDATE 3-Far Point to buy tax-free shopping firm Global Blue at $2.6 bln valuation

Far Point Acquisition Corp, a blank-check company set up by hedge fund Third (...)

Flybe: Government strikes a deal to rescue troubled airline

The airline’s investors will put more money in while the government will (...)

HK considers "competitive" tax measures for private equity funds -finance sec

Hong Kong finance secretary Paul Chan said on Monday the government was considering (...)

Monte dei Paschi sees 1.2 bln euro net profit hit in Q4 from tax change

Italian state-owned bank Monte dei Paschi di Siena said on Thursday it expected (...)

Vimto: Profit warning follows Middle East soft drinks tax

The soft drinks levy was introduced in Saudi Arabia and the UAE where Vimto (...)

German finmin: tax on share dealing could be extended to other assets

The financial transaction tax on share dealing that 10 European countries (...)

UPDATE 2-Uber submits appeal to regain London taxi licence

* Uber can continue operating during appeal (Adds response from London transport (...)

HSBC Swiss unit to pay $192 mln to settle U.S. tax investigation

The Swiss private banking unit of HSBC Holdings Plc will pay $192.4 million (...)

UPDATE 1-HSBC Swiss unit to pay $192 mln in latest U.S. tax evasion deal

* Swiss banks have paid billions of dollars (Adds details, comments and background) (...)

Flying cars could lure investors away from ground-based services -survey

Electric air taxis — known colloquially, if somewhat misleadingly, as "flying (...)

Deutsche Bank staffers cleared but bank fined in money laundering case

Frankfurt prosecutors have dropped an investigation into two Deutsche Bank (...)

Housebuilder Berkeley reports 31% slump in first-half profit

British housebuilder Berkeley Group Plc on Friday reported a slump in first-half (...)

Johnson raises prospect of multi-billion pound payroll tax cut

British Prime Minister Boris Johnson said on Wednesday he planned a multi-billion-pound (...)

General election 2019: Labour pledges free broadband for all

Labour would part-nationalise BT to deliver the policy and tax tech giants (...)

EXPLAINER-Ways Trump’s tax returns could come to light

U.S. President Donald Trump broke with a decades-long tradition of U.S. presidential candida (...)

UPDATE 3-Trump asks U.S. Supreme Court to prevent release of his tax returns

President Donald Trump on Thursday asked the conservative-majority U.S. Supreme (...)

UK banks urge government to ease tax burden as Brexit beckons

Banking in Britain paid 40 billion pounds in taxes in the last financial year (...)

The race to build a flying electric taxi

More than a hundred companies are working on electric aircraft designed to (...)

Airbnb probed by UK tax authorities

The home rental site has warned a tax inquiry by HM Revenue & Customs could (...)

Democratic 2020 hopeful Warren still weighing Medicare for All financing options

White House hopeful Elizabeth Warren is taking heat from her Democratic rivals (...)

Taxing Energy Use: Key findings for Portugal

This country note explains how Portugal taxes energy use. The note shows the (...)

UPDATE 4-In blow to U.S., EU pledges quick move on tax for polluting firms

* EU tax commissioner-designate pushes for carbon border levy

Italy govt has found money to avoid sales tax hike-PM

Italian Prime Minister Giuseppe Conte said on Monday his government had freed (...)

UPDATE 1-Hungary central bank trims key inflation forecasts for 2019 and 2020

The National Bank of Hungary sees tax-adjusted core inflation, its preferred (...)

Uber to launch UK driver loyalty scheme amid licence battle

Uber will launch a loyalty programme for its British drivers offering free education (...)

Introduce frequent flyer levy to fight emissions, government told

The Committee on Climate Change says the extra tax would help curb the growing (...)

Why Booker shortlist is more taxing for some readers

Publishers say VAT charged on e-books and audiobooks unfairly pushes up prices (...)

Apple Irish tax case appeal heard by EU court

The Republic of Ireland argues it should not have to recover €13bn of unpaid (...)

UPDATE 2-India rolls back tax hike on investors; outlines steps to boost sentiment

* India exempts foreign, domestic investors from increased tax

UPDATE 2-Protest-hit Hong Kong unveils $2.4 bln economic support package

* Govt backs growth with subsidies, tax perks, loan guarantees

Sampo Q2 pre-tax profit drops 29%, beats forecasts

Financial group Sampo posted a smaller than expected drop in second-quarter (...)

Stock markets drop on new Trump China tariffs

US and European indexes fall after the President announces taxes on $300bn (...)

U.S. tells Britain to drop tax proposal on U.S. tech firms for trade deal -The Telegraph

The administration of U.S. President Donald Trump has told Britain it will (...)

Sports Direct regrets House of Fraser rescue

The retailer outlines problems at the department store, as its delayed results (...)

MPs and taxpayers on retrospective loan charge payments

Anger is growing among taxpayers facing large demands from HMRC over their (...)

UK government should cut taxes to boost growth - senior Treasury minister

Britain should use the opportunity of leaving the European Union to cut taxes (...)

Investor frustrations build as RBS grapples with excess capital conundrum

Just over a decade after fending off insolvency, taxpayer-backed Royal Bank (...)

UK seeks new no-deal Brexit freight plan

The hurried procurement process as the UK prepared to leave the EU on 29 March (...)

A group of US billionaires is calling for a wealth tax

A group of 18 wealthy individuals is arguing that politicians have a moral (...)

Tory leadership contest: Do tax plans add up?

Some of the contenders are pledging big tax cuts.

YOUR MONEY-Retirement reform wants more of your tax dollars now

Saving for retirement is such a lofty goal that the U.S. government has always (...)

Loan charge - retrospective tax bills for freelancers

IT contractors, oil and gas workers, locum doctors, social workers and nurses (...)

Five seater self-flying air taxi unveiled

Lilium says the craft, which had its first test flight this month, could travel (...)

Uber aims for $90bn stock market debut

The taxi-app giant gives details of plans to join the stock market with shares (...)

YOUR MONEY-Meditate to the tax finish line

Stressed out by the tax deadline on April 15? Yes, of course, there is (...)

Wales promotes council tax discounts for mentally impaired

Families of those suffering mental impairments are being encouraged to access (...)

Hammond offers more spending, lower taxes if a Brexit deal is done

British finance minister Philip Hammond said on Wednesday he could free billions (...)

Hammond says his Brexit fiscal war chest has grown

British finance minister Philip Hammond said he now had 26.6 billion pounds (...)

Schroders profit falls on outflows, restructuring

Schroders posted a 15 percent fall in full-year pretax profit after restructuring (...)

BPIFrance bank sees strong corporate credit demand

French state-owned bank BPIFrance said corporate credit demand was strong (...)

Are the days of the private car really over?

Is the "robo-taxis" revolution really on its way? Many readers were doubtful, (...)

Taxing Energy Use 2018: Key findings for Portugal

This note describes the taxation of energy use in Portugal. It contains the (...)

Measuring Tax Support for R&D and Innovation - country profiles

The 2017 OECD R&D tax incentive country profiles provide detailed information (...)

Taxation of household savings: Key findings for Portugal

This note presents marginal effective tax rates (METRs) that summarise the (...)

Taxing Wages: Key findings for Portugal

Portugal had the 13th highest tax wedge among the 35 OECD member countries (...)

Government to bring forward promised income tax cuts

British Chancellor Philip Hammond said on Monday that the government will (...)

Britain to tax non-recycled plastic packaging

Britain will levy a new tax on those who make or import plastic packaging (...)

UPDATE 1-EU plans to raise tax bill of online giants gather momentum

* EU commission to present list of legal options in coming days

Is Margrethe Vestager championing consumers or her political career?

EVEN her enemies admire the bloody-mindedness of Margrethe Vestager, the European (...)

A legal vulnerability at the heart of China’s big internet firms

COMPANIES’ legal structures are usually mind-numbing fare. But occasionally (...)

Sri Lankan shares close little changed in dull trade; tax bill weighs on mkt

COLOMBO, Sept 11 (Reuters) - Sri Lankan shares closed little changed in low (...)

Bank BNP Paribas loses £35m UK tax avoidance case

A tribunal has ruled against BNP Paribas after HMRC accused it of tax avoidance. (...)

Governments need to rethink their attitudes to debt

GOVERNMENTS do not always make the best budget managers. Assuming it avoids (...)

Fund new start-ups from pension pots, IoD urges

Allow older entrepreneurs to take 10% of their pension tax-free to get a business (...)

Berkeley says London housing market still hit by Brexit, tax hike

LONDON (Reuters) - British housebuilder Berkeley said on Wednesday that the (...)

Sky taxis

How Dubai may be winning the race to launch the first passenger-carrying flying (...)

On NAFTA, Donald Trump’s most dangerous opponents are at home

EVER game for a fight, President Donald Trump is picking one again with Canada (...)

Of Indian banknotes cancelled last year, 99% are accounted for

ON NOVEMBER 8th 2016, Narendra Modi, India’s prime minister, stunned its (...)

UPDATE 4-Trump touts tax reform, tells Congress to deliver

SPRINGFIELD, Mo., Aug 30 (Reuters) - U.S. President Donald Trump turned his (...)

Uber picks Dara Khosrowshahi as its new boss

“A LEADER is a dealer in hope,” said Napoleon Bonaparte. For much of this (...)

The gap between India’s richer and poorer states is widening

COUNTRIES find it easier to get rich once their neighbours already are. East (...)

UPDATE 1-Austrian IPO candidate Novomatic reports earnings drop

VIENNA, Aug 30 (Reuters) - Austrian gaming technology group Novomatic AG reported (...)

UPDATE 1-Danish government seeks cuts in capital gains tax, faces opposition

COPENHAGEN, Aug 30 (Reuters) - The Danish government proposed cuts on Wednesday (...)

Trump hits road to tout tax reform as helping workers

WASHINGTON, Aug 30 (Reuters) - President Donald Trump will turn his signature (...)

Danish govt seeks cuts in capital gains tax

COPENHAGEN, Aug 30 (Reuters) - The Danish government on Wednesday proposed (...)

Samsung’s boss is sentenced to prison

SAMSUNG’S founding family, the Lees, have good reason to dislike room 417 (...)

Inheritance tax: Should the UK scrap it or keep it?

Should the UK keep or scrap inheritance tax, a tax which is paid from the (...)

Denmark wants to attract more IPOs by cutting tax on equity investments

COPENHAGEN, Aug 24 (Reuters) - Denmark wants to reduce the tax on equity investments, (...)

Sri Lanka likely to miss 2017 revenue goal on tax proposal delay

COLOMBO, Aug 24 (Reuters) - Sri Lanka is likely to miss its revenue target (...)

Flying water taxis highlight French startup frustrations

PARIS, Aug 24 (Reuters) - French yachtsman Alain Thebault wants to turn a (...)

Sri Lankan shares fall for third straight day; blue chips drag

COLOMBO, Aug 23 (Reuters) - Sri Lankan shares fell for the third straight (...)

HMRC to offer compensation for childcare site issues

Parents may be eligible for recompense if they were unable to apply for tax-free (...)

Sri Lankan shares end weaker in thin trade; tax proposal weighs

COLOMBO, Aug 21 (Reuters) - Sri Lankan shares ended weaker on Monday, lingering (...)

UPDATE 2-Lebanese president signs public sector pay rise and tax hike laws

BEIRUT, Aug 21 (Reuters) - Lebanese President Michel Aoun signed off on public (...)

Why Africa’s development model puzzles economists

IT IS easy to buy a rolex in Uganda—albeit not one that will tell the time. (...)

Sri Lankan shares snap five days of falls on bargain-hunting

COLOMBO, Aug 18 (Reuters) - Sri Lankan shares rose on Friday on bargain-hunting (...)

U.S. tax change proposals anger builders, realtors, charities

WASHINGTON, Aug 14 (Reuters) - With U.S. Congress members focused during their (...)

Wilko opens redundancy talks with nearly 4,000 staff

The company, which has its headquarters in Worksop, saw its pre-tax profits (...)

Cars for cheese?

A free trade agreement does not normally mean the removal of all taxes, quotas (...)

The hubris of ten-year budgets

IN February of 2001, Alan Greenspan, then still the chairman of the Federal (...)

Why national accounts might be like corporate balance-sheets

THE easiest way to get an economist to laugh sardonically is to compare a (...)

CORRECTED-(OFFICIAL)-U.S. taxable bond funds attract $1.8 bln in week -Lipper

NEW YORK, Aug 3 (Reuters) - Investors added $1.8 billion to taxable bond funds (...)

UK will not cut taxes below European average after Brexit - Hammond

LONDON (Reuters) - Britain does not intend to lower taxes far below the European (...)

Brexit: UK will not cut taxes, says Philip Hammond

Chancellor Philip Hammond says the UK has no desire to try to undercut European (...)

The tax trick

The chunk of global wealth illegally stashed in tax havens is a big feature (...)

Tax payment deadline is looming

Nearly five million self-employed people may have to pay tax by 31 July, or (...)

The world’s largest online-travel company

NOT since the dotcom boom at the turn of the century have technology shares (...)

Rentokil profit surges on gains from Haniel JV

July 27 - British support services company Rentokil Initial Plc said its pre-tax (...)

Heading to Germany because of Brexit? Call this free tax hotline

FRANKFURT (Reuters) - The western German state of Hesse, home to Frankfurt, (...)

Rangers cannot be punished further over their EBT tax scheme, says SPFL

Rangers will not face fresh sanctions from the Scottish Professional Football (...)

Strong results boost FTSE, Jimmy Choo soars on Michael Kors takeover

* Acacia Mining sinks after Tanzania demands tax payment (Updates with closing (...)

SPECIAL REPORT-Herded into default, then hounded to repay student loans

PHILADELPHIA, July 25 (Reuters) - Lakisha Johnson figured all she needed was (...)

Rathbone Brothers first-half pretax profit up 16.7 percent

LONDON (Reuters) - British wealth manager Rathbone Brothers plc posted a (...)

Turkey working on corporate tax cuts in strategic sectors - minister

ANKARA, July 24 (Reuters) - Turkey is working on corporate tax cuts in some (...)

An overhaul of Brazilian labour law should spur job creation

IN THE litany of bosses’ gripes about Brazil’s inclement business climate, (...)

UPDATE 3-After healthcare failure, Republicans face similar divisions on tax reform

WASHINGTON, July 18 (Reuters) - Republicans in Congress unveiled a fiscal (...)

Average price of UK motor insurance hits record high in Q2 - ABI

July 18 (Reuters) - The average price of UK motor insurance hit a record high (...)

India raises tax on cigarettes

NEW DELHI, July 17 (Reuters) - India has raised the total tax on cigarettes (...)

Overseas landlords shun the UK, as tax changes bite

Only 5% of UK homes are owned by foreign investors - compared to 12% in 2010 (...)

New Senate healthcare plan keeps Obamacare-era taxes on wealthy -Senate source

WASHINGTON, July 13 (Reuters) - The revised U.S. Senate healthcare plan will (...)

The United States of debt

POLITICS in America may be an arena of mutual incomprehension with few settled (...)

UPDATE 1-Swiss, French to resume tax data exchange after resolving concerns

ZURICH, July 12 (Reuters) - Switzerland and France have smoothed over concerns (...)

Swiss, French to resume tax data exchange after resolving concerns

ZURICH, July 12 (Reuters) - Switzerland and France have smoothed over concerns (...)

Sri Lankan shares slip from 18-month high on profit-taking

COLOMBO, July 11 (Reuters) - Sri Lankan stocks edged down on Tuesday from (...)

Indian campaigners protest over sanitary pad and tampon tax

Campaigners in India are going to court over a tax on sanitary pads and tampons, (...)

G20 leaders to address taxation of digital economy -Schaeuble on ZDF

BERLIN, July 6 (Reuters) - Leaders from the 20 leading global economies will (...)

The EU proposes pan-European pension products

THE story of the European Union is in part that of the steady accretion of (...)

UPDATE 1-Dutch inquiry calls for overhaul of trust office industry

AMSTERDAM, July 5 (Reuters) - Many trust offices based in the Netherlands (...)

Dutch inquiry calls for overhaul of trust office industry

AMSTERDAM, July 5 (Reuters) - Many trust offices based in the Netherlands (...)

UPDATE 3-Police seize servers of Ukrainian software firm after cyber attack

* Kiev says to extend tax deadline to help affected firms (Adds police, company (...)

UPDATE 2-Police seize servers of Ukrainian software firm after cyber attack

* Kiev says to extend tax deadline to help affected firms (Adds details, background) (...)

Australia state opposition lawmakers say they will block bank tax

SYDNEY, July 3 (Reuters) - The parliamentary opposition of the state of South (...)

UPDATE 1-Australia state opposition lawmakers say they will block bank tax

SYDNEY, July 3 (Reuters) - The parliamentary opposition of the state of South (...)

India GST: Sweeping tax reform introduced

The overhaul existing laws was carried out at a special midnight session of (...)

Savings ratio at record low as disposable income drops, says ONS

The ONS also said a burst in tax payments was a major factor in the cut in (...)

Surge pricing

We are used to prices fluctuating on flights, taxis and hotels, but what if (...)

How to Trump-proof your company

TO OUR management team: When I left the White House yesterday, after another (...)

The complicated failure of two Italian lenders

BANKS sicken slowly but die fast. For years Banca Popolare di Vicenza and (...)

UPDATE 5-U.S. Senate Republicans struggle to salvage healthcare effort

* Trump spurns Schumer proposal for meeting of all senators (Adds Rounds and (...)

Stagecoach hit by Virgin East Coast rail line woes

Rail and bus operator Stagecoach Group has reported a 15.3% drop in full-year (...)

Tax software blamed for cyber-attack spread

Was the cyber-attack that hit countries around the world sourced in malware-laden (...)

UPDATE 2-Obamacare replacement bill takes center stage in U.S. Senate

WASHINGTON, June 22 (Reuters) - A seven-year push by U.S. Republicans to dismantle (...)

Barclays and four former executives are charged with fraud

IN 2008, as banks cracked on both sides of the Atlantic, Britain’s government (...)

Spare landlords more tax changes, says CML

A "weak start" to 2017 in the UK buy-to-let sector leads mortgage lenders (...)

Obamacare replacement bill to take center stage in U.S. Senate

WASHINGTON, June 22 (Reuters) - A seven-year push by U.S. Republicans to dismantle (...)

UPDATE 1-Builder Berkeley warns of Brexit impact despite profit leap

LONDON, June 21 (Reuters) - London-focused housebuilder Berkeley posted a (...)

Czech Social Democrats pledge to cut tax for workers, tighten control of big business

* Social Democrats promise tax cuts for workers, other incentives

The Treasury publishes proposals to cut red tape

TEN days after he became America’s 45th president in January, Donald Trump (...)

Getting the most out of business taxes

ONE of the hottest debates in economic policy at the moment is how to ensure (...)

Tanzania’s firebrand leader takes on its largest gold miner

“IF THEY accept that they stole from us and seek forgiveness in front of (...)

Corporate Europe is giddy with optimism

IT IS remarkable what a difference a single election can make. “The way (...)

Australia risks housing correction with foreign buyer tax hike

* Chinese investors alienated as cracks appear in property market

Germany fears big losses over tax scandal

Investigators believe dozens of German banks and brokers used ruses to avoid (...)

President Trump wants to privatise air-traffic control

IN JUNE 1956 a TWA Constellation collided with a United Air Lines DC-7 over (...)

Why government-bond yields have been falling again

EVERY year it seems that analysts and investors play a ritual game. They begin (...)

Banco Popular fails and is bought by Santander

EVEN a bank failure can be presented as a triumph. This week Banco Popular, (...)

J.P. Morgan scales back U.S. tax cut forecast, pushes out timing

NEW YORK, June 8 (Reuters) - J.P. Morgan analysts on Thursday scaled back (...)

Uber fires more than 20 staff after harassment investigation

The taxi-hailing firm reportedly sacks more than 20 people after a sexual (...)

UPDATE 2-Maltese PM Muscat wins second term in snap election

* Says will cut taxes, legalise gay marriage (Adds Muscat comment, details) (...)

In Donald Trump’s America, the left rethinks its economics

DEMOCRATS thought they knew the boundaries of acceptable economic discourse. (...)

Global monetary policy is not tightening as expected

AT ITS outset, 2017 seemed likely to mark a turning-point for global monetary (...)

A Turkish maker of white goods is looking outwards

FORGIVE a maker of washing machines a fondness for spin. Hakan Bulgurlu, who (...)

Eastern Bank: a 199-year-old lender becomes a tech pioneer

LIKE other local bankers, Bob Rivers is counting the cost of red tape. At (...)

The super-rich are different: they pay less tax

OF LIFE’s two certainties, death cannot be dodged even by the well-to-do. (...)

Highest rate taxpayers at record level

An estimated 364,000 people, 1.2% of taxpayers, are in the 45p tax bracket (...)

David Beckham and other celebrities lose £700m tax case

David Beckham and Ant and Dec are among those facing large tax bills after (...)

Goldman president says companies shying away from large deals

May 31 (Reuters) - Uncertainty around tax policy and political events such (...)

UPDATE 1-Goldman president says companies shying away from large deals

May 31 (Reuters) - Uncertainty around tax policy and political events such (...)

An inglorious return to Austin for Uber and Lyft

UBER and Lyft will make their triumphant return to Austin on Monday. Whether (...)

Paradise in the Med

Malta has tried to shake off claims it is the "Panama of the EU" - but the (...)

How becoming a Hong Kong pensioner can save you tax

Not dodging but shufflingTHE global war on tax evasion rumbles on. What began (...)

To forecast share returns, count buy-backs as well as dividends

WHAT is the point of buying shares? Ultimately investors must hope that the (...)

What the German economic model can teach Emmanuel Macron

IT IS heartening that the euro area has a knack for surviving near-fatal crises. (...)

Donald Trump’s budget ignores what is ailing American workers

PRESIDENTIAL budget requests are worth exactly nothing. They carry no force (...)

Greece adopts more austerity measures in bailout bid

More pension cuts and tax rises are agreed as thousands protest in central (...)

Foot Locker shares plunge after weak sales

Sales decline as teens kick their mania for classic Adidas and tax refunds (...)

Police probe UK links to Magnitsky money

Police investigate how £6.6m from a Russian tax fraud has been allegedly (...)

A new anthology of essays reconsiders Thomas Piketty’s “Capital”

“A MODERN Marx” was how The Economist described Thomas Piketty three years (...)

U.S. Treasury secretary to say 3 percent economic growth achievable

WASHINGTON, May 17 (Reuters) - Treasury Secretary Steve Mnuchin will tell (...)

GLOBAL MARKETS-S&P on track for worst day since Sept on Trump concern

NEW YORK, May 17 (Reuters) - U.S. stocks and the dollar fell while bond prices (...)

Old McDonnell has a plan. He eyes IOUs

WITH the Labour Party 17 percentage points behind in the opinion polls, it (...)

Labour manifesto: Extra £48.6bn in tax revenue to fund pledges

Jeremy Corbyn pledges more free childcare, billions for the NHS and to scrap (...)

Large hedge funds moved out of financial stocks in first quarter

NEW YORK, May 15 (Reuters) - Several big-name hedge fund investors trimmed (...)

Battle ground

Why the debate over exactly who should pay tax - and how much - is so difficult (...)

Africa’s informal economy is receding faster than Latin America’s

COMMON to all men, according to Adam Smith, is “the propensity to truck, (...)

Delay seen, again, on Trump growth agenda after Comey sacking

NEW YORK (Reuters) - Not even a week after the Trump administration and Congress (...)

RPT-UPDATE 1-ING Q1 underlying pretax profit up 39 pct, beats expectations

AMSTERDAM, May 10 (Reuters) - ING Groep, the largest Dutch financial services (...)

Australia budget 2017: Treasurer unveils big banks tax

Treasurer Scott Morrison delivers his first budget since the government was (...)

CORRECTED-Australia banks could make customers pay for surprise tax -analysts

* Bank tax expected to reduce annual earnings by 4.5 pct -analyst

General election 2017: Labour rules out tax rises for 95% of earners

VAT and employee national insurance rises are ruled out but those on over (...)

America’s Treasury ponders issuing 40-, 50- or 100-year bonds

HOW can governments borrow most cheaply? The answer matters hugely for taxpayers. (...)

New car registrations dive 20% after tax increase

The industry says car buyers rushed to buy new cars ahead of a Vehicle Excise (...)

May pledges not to increase VAT, quiet on other taxes

LONDON (Reuters) - British Prime Minister Theresa May said on Sunday she would (...)

In the small print

Donald Trump is expected to announce a tax plan that would lower rates for (...)

Steven Mnuchin gets started on tax reform but there is more to do

OF THE things that investors and bosses have come to like about Donald Trump, (...)

Reducing rates for “pass-through” businesses will be tough to justify

THERE are two main reasons for a country to paw around in its tax code: to (...)

The markets are uninspired by the Trump tax plan

REMEMBER why the "Trump bump" began, all the way back in November? The rationale (...)

May refuses to rule out personal tax hikes after election

LONDON (Reuters) - British Prime Minister Theresa May refused on Saturday (...)

America’s big banks have an encouraging first quarter

WHAT a difference a year makes. When America’s big banks reported first-quarter (...)

Reality Check

About 90% of income tax is paid by the richest 50% of taxpayers.

Jet-propelled sky taxi tested in Germany

Plane-maker Lilium hopes to launch a five-seater sky taxi service in the future. (...)

The mysterious quiescence of the gold market

AMERICA has bombed Syria, and its relations with Russia have deteriorated. (...)

America has a retirement problem, not a saving problem

HOUSE Resolution 67, which Donald Trump signed last week, rolls back a rule (...)

Tesco full-year pre-tax profits hit by fine

The supermarket giant took a £235m charge after it was fined over its accounting (...)

Portugal Government Budget

The Portuguese government reported a EUR 3.8 billion deficit in 2016, equivalent (...)

Portugal Government Revenues

Government Revenues in Portugal decreased to 3081 EUR Million in January from (...)

Portugal Government Spending

Government Spending in Portugal increased to 8385.70 EUR Million in the fourth (...)

Portugal Social Security Rate

The Social Security Rate in Portugal stands at 34.75 percent. Social Security (...)

Portugal Personal Income Tax Rate

The Personal Income Tax Rate in Portugal stands at 56.50 percent. Personal (...)

Portugal Sales Tax Rate | VAT

The Sales Tax Rate in Portugal stands at 23 percent. Sales Tax Rate in Portugal (...)

Portugal Corporate Tax Rate

The Corporate Tax Rate in Portugal stands at 21 percent. Corporate Tax Rate (...)

Black market

How a 119% tax on tea imports in the 1750s helped smuggling become a vital (...)

Environment: a source of future economic growth in Portugal

Despite Portugal’s economic and political challenges, it is still committed (...)

Taxing Wages: Country note for Portugal

The average worker in Portugal faced a tax burden on labour income (tax wedge) (...)

Revenue Statistics and Consumption Tax Trends 2014: Key findings for Portugal

The tax burden in Portugal increased by 2.2 percentage points from 31.2% to (...)

International community continues making major progress to end tax evasion

The Global Forum on Transparency and Exchange of Information for Tax Purposes (...)

Revenue Statistics: Key findings for Portugal

The tax burden in Portugal declined by 0.1 percentage points from 34.5% to (...)

Taxing Wages: Portugal

The tax burden on labour income is expressed by the tax wedge, which is a (...)

Environmental taxes: Key findings for Portugal LINK

This country note provides an environmental tax and carbon pricing profile (...)

Consumption Tax Trends 2016: Country highlights

This publication provides detailed country notes on Value Added Tax/Goods (...)

Revenue Statistics 2016: Country highlights

This annual publication presents detailed country notes and internationally (...)


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IN 1962 Tony O’Reilly, head of the Irish Dairy Board, had an idea that would (...)

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