The spy who asked for a tax rebate
A tax rebate request from Russian spy, Donald Maclean, sent Edward Heath's government into panic in 1972, with ministers wanting the file to be 'mislaid' to avoid payment.
A tax rebate request from Russian spy, Donald Maclean, sent Edward Heath's government into panic in 1972, with ministers wanting the file to be 'mislaid' to avoid payment.
Link: Connery’s tax bill neither shaken nor stirred
The Inland Revenue file, released yesterday by the public record office, showed that the rebate request, worth £123 15s 3d, was enough to cause a crisis in Whitehall.
Patrick Jenkin, the then chief secretary to the Treasury, told the Revenue: ‘This alarms me. The government is already being criticised by its own supporters for paying handouts to strikers and layabouts, giving aid to hostile regimes and surrendering to violence and militancy. If this goes ahead they will say, “to crown it all they pay tax payers” money to declared traitors.’,p>But Joseph Godber, a foreign minister, came up with idea of ‘mislaying the application for the time being’.
The numbers you crunch tell a story. Your expertis...
21yEmbracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...
View articleOrganisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...
View articleIn a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...
View resourceDiscover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...
View articleHMRC sees the profit or loss made on buying and selling of exchange tokens as within the charge to Capital Gains Tax (CGT). Read More...
View articleThe recent IR35 case involving former Liverpool footballer and Sky Sports presenter, Phil Thompson, has drawn attention to the complexities and implic...
View articleFrom January 1, 2024, HMRC will implement new tax rules affecting individuals who sell items on platforms like Etsy, Depop, and Vinted. The new regula...
View articleHMRC reveal a small majority of people are soldiering a significant proportion of income and capital gains tax, following FOI request. Data has reigni...
View articleSteven Pinhey, technical officer at the Association of Taxation Technicians (ATT), considers how the rules on deductible expenses work in a social med...
View articleATT technical officer, David Wright, considers the implications of HMRC’s decision to remove employees with income between £100,000 and £150,000 from ...
View articleThis was the fourth largest borrowing year since records began in 1993 Read More...
View articleATT technical officer, David Wright, provides an overview of the welcome relaxation to CGT provisions for separating couples looking to transfer asset...
View article