US Congressional leaders are scrambling to clinch a last-minute deal to avoid falling off the fiscal cliff and save America’s economy from crippling tax rises and spending cuts.
David Cameron has used his New Year message to insist Britain’s economy is on the right track, but declined to raise controversial issues such as gay marriage, EU, or even the horse, Raisa.
Delays in answering phone calls to government tax hotlines are costing callers £136m a year, an investigation by the government’s public spending watchdog reveals.
Starbucks pledges to pay around £20m in corporation tax over the next two years after being accused of “immorally” slashing its tax bill.
Influential economic think tank the IFS warns of drastic cuts and a million more paying higher rate tax if the government is to make the books balance.
George Osborne says the richest will pay the most after the Autumn Statement. FactCheck isn’t quite as convinced.
It is a looming deadline which will trigger sweeping tax hikes for most Americans and deep spending cuts, possibly plunging the country into another recession. We sort out the facts – and the figures.
George Osborne orders Revenue & Customs officials to draft in an army of investigators to target tax avoiders and evaders, but after two years of cuts to HMRC the move has been met with criticism.
So much for those post-election hopes that the parties would reach a deal to avoid the looming fiscal cliff. Leading Republicans have trashed Obama’s plan as “totally inadequate” and a “non-starter”.
Google comes out fighting after being accused of legal – but immoral – tax avoidance, as UK boss Matt Brittin tells Channel 4 News politicians like Boris Johnson need to get their facts right.
Margaret Hodge’s shareholding in her family’s multi-national steel-trading firm Stemcor is at the centre of a political spat – at a time when she’s leading an inquiry into tax avoidance.
The PM claims he’s given tax collectors an extra £900m. All well and good, but FactCheck finds he’s actually taken more away.
Representatives of the three international companies are called before MPs to face charges that they were using legal but undesirable methods to minimise tax payments in the UK.
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.
Apple paid less than 2 per cent on its profits to the taxman outside the US, despite its overseas profits surging by more than 50 per cent, documents reveal.