Here’s a world-leading step the government could take to tackle tax evasion
With the cost of corruption put at 5% of global GDP annually, this is a global scourge
tax
Rishi Sunak earned nearly £5 Million in the last 3 Years
On the money he made, Sunak paid income tax and capital gains tax totalling £1,053,060.
HMRC’s decision to close Covid fraud taskforce puts £5bn of taxpayers’ money at risk, MPs warn
Billions of pounds won’t be recovered by the tax authority at a time when the government insists that it doesn’t have the money to give hard-pressed public sector workers pay rises.
Two more Tory bosses caught up in tax dodging row
“From the party chair sacked over his tax affairs to the party treasurer who took part in a tax avoidance scheme, Sunak is drowning in a swamp of sleaze.”
HMRC failed to collect £42bn in UK tax last year, MPs say
“The eye-watering £42bn now owed to HMRC in unpaid taxes would have filled a lot of this year’s infamous public spending black hole”
A fall in tax investigations means HMRC lost out on £9bn, says watchdog
While the Tories have been busy telling us that they can’t afford to invest more in public services, it’s emerged that a fall in tax investigations carried out by HMRC has cost the government £9 billion. The FT reports: “HMRCtest
Humiliation for the Daily Mail: Paper forced to change front page after government’s tax U-turn
“Just LOOK how they changed their front page between edition”
Downing Street hints there will be an ’emergency budget’ next week
Plans for tax cuts are set to be announced
Liz Truss wins support of economist who advised Thatcher and who got it spectacularly wrong on Brexit
Minford claimed that leaving the EU without a trade deal would have boosted the UK’s GDP by 4%
Nadhim Zahawi’s tax affairs under investigation by HMRC
Revelations about the investigation are awkward for Zahawi, given that HMRC falls under the control of the treasury.