Clothing Giant Next Loses Tax Avoidance Case High street retailer Next has been hit with a £22.4m tax bill after a court ruled the firm’s complex tax scheme was artificial tax avoidance.
Diverted Profits Tax and Tax Avoidance HM Revenue and Customs has today confirmed it is working with five other tax authorities to share information about how digital multinationals might be shifting their profits to tax havens.
Philip Hammond denies cottage transfer was to stay out of top tax rate Daily Mirror investigation alleges defence secretary could have been kept from top tax bracket by putting property in wife’s name.
Chris Moyles claimed to be a used car dealer in £1m tax avoidance scheme Former BBC Radio 1 DJ apologises after tribunal judge rules he ran up paper losses in effort to cut tax bill.
Chancellor’s £9bn tax avoidance claims met with scepticism by campaigners Despite tougher measures listed in autumn statement, previous efforts have failed to raise Treasury receipts as expected.
HMRC chiefs face grilling by MPs over lost tax Officials will be urged to prosecute more evaders as giant firms’ schemes left out of avoidance figures.
UK’s tax gap rises by £1bn to £35bn HMRC says increase in value of tax lost through non-payment and avoidance schemes reflects rise in VAT rate to 20%.
Google paid £11.6m in UK corporation tax last year Search giant, which made global profits of £6.2bn in 2012, says it pays bulk of its tax where business originated – the US.
UK government should stand up to companies that underpay tax – report MPs’ committee finds Treasury and Cabinet Office are failing to get best value for taxpayers in dealings with firms.
Vodafone in multimillion tax deal over Irish office Previously unreported settlement with HMRC came in wake of dispute over tax paid by subsidiary.