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‘Pay top civil servants more’ to discourage tax avoidance
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?
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Families ‘to lose £4,000’ under tax credit changes
More than 200,000 families will lose tax credits worth almost £4,000 a year unless they significantly increase their working hours, according to figures highlighted by Labour today.
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Is the UK serious about tackling tax evasion?
Taxing civil servants is one thing, but experts tell Channel 4 News that, if it is serious about tackling tax evasion, the UK should look to the US, which is waging “economic war” against Switzerland.
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Government to end civil servant’s tax avoidance scheme
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.
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Clegg urges ‘further and faster’ tax cuts
Nick Clegg says he wants to speed up changes to income tax to relieve pressure on low and middle-income earners but is the government giving with one hand and taking away with another?
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HMRC ‘bent rules’ for big firms
A report into the HM Revenue & Customs found “specific and systemic” failures in the way deals are done with companies, allowing tax bills to be negotiated at a loss to the taxpayer.
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HMRC and big business – a cosy relationship?
As a row erupts over HMRC’s relationship with big business following a government report, a prominent tax campaigner tells Channel 4 News the UK’s tax system is not to blame for payment errors.
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Millions set to receive tax rebates
Around six million people could receive tax rebates of around £300 each, while one million others will be told they have underpaid to the tune of £600, it has emerged.
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Are you in line for a tax rebate?
Six million people could get £300 back in their pockets from Her Majesty’s Revenue and Customs. Could it be you? Channel 4 News asks the experts.
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Should the government target tax havens?
As research reveals all but two of the top 100 hundred firms on the London Stock Exchange use tax havens, Channel 4 News Business Correspondent Sarah Smith reports from the Channel Island of Jersey.
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Denmark introduces ‘fat tax’ on food
As Denmark becomes the first country in the world to introduce a tax on foods containing saturated fat, a public health expert tells Channel 4 News the UK should consider a similar move.
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Show leadership or risk slump, Darling warns
As finance ministers discuss the economic and financial crisis, former chancellor Alistair Darling tells Channel 4 News leadership is needed to avert another recession.
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IMF slashes Britain’s growth forecast
The International Monetary Fund says economic growth in Britain will be lower than expected this year and the government may have to delay its tax and spending plans.
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Why growth matters
As the IMF cuts its growth forecast for the British economy, Channel 4 News explains what it means for our money.
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Danny Alexander clamps down on Britain’s richest
Danny Alexander tells Channel 4 News his plans to target the rich with a new team of tax inspectors, and help the poor by raising the income tax threshold to £12,500.