The UK loses out on £13bn a year due to tax avoidance by the wealthiest
A study of tax statistics by the TUC will reveal later this week that the
wealthy are exploiting the UK’s tax rules to avoid up to £13bn a year in tax.
Non-domiciles in the UK avoid £3.8bn of tax, while income shifters move
income into companies or through spouses to avoid income tax – to the tune of
‘For years there has hardly been any debate about whether the tax system is
fair. But a wise government would recognise the shift in public mood when they
see police officers marching against a decision that a modest pay rise was
unaffordable when it looks like tax has become optional for a small group of the
super-rich,’ said TUC chief Brendan Barber.
Crowe Clark Whitehill , the top 20 accountancy firm, has announced the promotion of Chris Mould to partner
The latest opinions from Accountancy Age on Making Tax Digital, and outline plans to evolve the UK's corporate governance regime
Five million taxpayers are ow using digital personal tax accounts (PTA) as part of the making tax digital strategy, HMRC said
UK-based non-doms have paid ten times more tax than the average taxpayer, raising concerns over the Brexit impact on non-dom contributions and therefore, the economy