Prince Harry and Meghan Markle’s new business partner Spotify paid less than £1million in UK taxes last year despite earning £6billion globally, reports claim. The Sussexes recently signed a £30million deal with the streaming service to produce and host their own shows as part of the newly formed Archewell Audio. Their latest venture will begin with a ‘holiday … Read more
Green taxes on electricity could be scrapped as part of a sweeping overhaul of the energy market By Harriet Dennys, Financial Mail On Sunday Published: 21:54 GMT, 12 December 2020 | Updated: 21:54 GMT, 12 December 2020 Green taxes on electricity could be scrapped as part of a sweeping overhaul of the energy market. Chancellor … Read more
Rishi Sunak has hinted that taxes could rise in the Spring as Britain attempts to balance the books following the coronavirus crisis. The Chancellor is set to outline a £100billion plan for long-term infrastructure investment and a £3billion package of new spending to support the NHS in recovering from the pandemic. But in an interview … Read more
Increasing taxes to pay for the Covid crisis would be ‘an act of self-sabotage’ which would derail Britain’s economic recovery, Rishi Sunak was warned last night. The Chancellor has repeatedly signalled that tax rises will be needed to repair the battered public finances. With Britain’s national debt topping £2trillion for the first time and borrowing … Read more
Rishi Sunak must CUT and simplify taxes to revive the economy after hammer blow from coronavirus lockdown, warn economists Institute of Economic Affairs report calls on Rishi Sunak to reform tax system It suggests Chancellor can learn the lessons from recent history to boost growth Report calls for income tax to be capped at 40 … Read more
Taxes could have to soar by £60billion to avoid a new wave of austerity after the coronavirus crisis, experts warned today. The respected IFS think-tank said an income tax rise of 6p or 7p for every £1 earned could be needed to cover extra public spending over the next five or six years. It also … Read more
BREAKING: Trump’s tax returns show he paid $750 in federal income taxes the year he won presidency, $750 in first year in office and paid no income tax in 10 out of the previous 15 years The president is said to have reported losing more money than he made By Lauren Fruen For Dailymail.com Published: … Read more
BREAKING: Trump’s tax-returns show he paid $750 in federal income taxes the year he won presidency, $750 in first year in office and paid no income tax in 10 out of the previous 15 years The president is said to have reported losing more money than he made By Lauren Fruen For Dailymail.com Published: 22:29 … Read more
Supermodel Bar Refaeli is sentenced to 9 months of community service in Israel – while her mother is jailed for 16 months for evading taxes on nearly $10m in income Model Bar Refaeli was sentenced Sunday to nine months of community service She was accompanied by her dad, Raffi, her mom, Zipi, and flanked by … Read more
Fury as Amazon admits paying just £73million more in taxes in Britain last year… despite racking up £3bn in extra sales Amazon paid £293million in ‘direct taxes’ last year despite an increase in sales Online retailer racked up almost £3billion in extra sales even before covid-19 Amazon has published details of its finances in an … Read more