Budget 2012: tax avoidance and the 50p rate
The fact remains that the decision on the 50p rate was made on the basis of one year’s highly distorted data. In some ways it was set up to fail. Many economists will argue that it was always going to.
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The HMRC denies turning a blind eye to tax avoidance by multinational companies such as Google and Starbucks, during an appearance in front of the Westminster spending watchdog committee.
The comedian is mocked on Twitter for allegedly paying 1 per cent tax through a Jersey tax avoidance scheme – and for his sketch ridiculing Barclays for doing the same.
The fact remains that the decision on the 50p rate was made on the basis of one year’s highly distorted data. In some ways it was set up to fail. Many economists will argue that it was always going to.
As it is revealed Barclays employed tax avoidance schemes to dodge an estimated half a billion pounds of tax, Channel 4 News looks at how widespread these devices are and what they involve.
Union leader calls for a pay rise for senior civil servants, after it is revealed some are paid as limited companies, a potentially tax saving device. But are they playing fair?
The government has ended a deal which meant the head of the Student Loans Company avoided thousands of pounds of income tax by being paid via his own private company.
Jon Snow asks whether capitalism can survive without tax avoidance?
Political editor Gary Gibbon on how a crackdown on tax avoidance is once again being lined up to pay for spending policies.
At a time when we are facing deep cuts, it is not acceptable that some people don’t pay their fair share, Danny Alexander said. We will raise an extra £7bn over the next parliament from these plans, he pledged. But how realistic is the commitment?
Nick Clegg launches an assault on tax cheats, promising to make people pay their “fair share”. Political Editor Gary Gibbon finds a sense of unease but not revolt at the Lib Dem party conference.
George Osborne unveils a new raft of powers for prosecutors and tax authorities to clamp down on wealthy people who use offshore accounts to evade or avoid tax.
The PM claims he’s given tax collectors an extra £900m. All well and good, but FactCheck finds he’s actually taken more away.
Shortly after the manifesto launch, we spoke to the Work and Pensions Secretary Mel Stride
Its corporate motto is “do the right thing” – but from allegations of promoting fake news and extremism, to claims of tax avoidance – Google is finding it hard to match its reputation to that ideal.
It fails to account for the tax rises the government has levied on businesses and top earners.