Category : Search result: import tax


Asda's Zero UK Tax Payment on £1bn Profit Sparks Fury

Supermarket giant Asda faces backlash after paying zero UK corporation tax despite £1 billion profits, while its private equity owners extract massive dividends. Labour's Rachel Reeves condemns the 'unfair system'.

UK's Radical New Blueprint for Taxing Extreme Wealth

Exclusive: A groundbreaking report reveals how Britain could finally make its super-rich pay their fair share without a traditional wealth tax. Discover the innovative policies set to redefine economic fairness.

Angela Rayner accused of £40k stamp duty avoidance

Labour Deputy Leader Angela Rayner faces accusations of 'breathtaking hypocrisy' after allegedly avoiding £40,000 in stamp duty on her seaside property purchase, despite her party's strong stance against tax avoidance.

Trump's tariffs target small packages, threaten UK shoppers

Former President Donald Trump's latest tariff policy removes a key exemption for small-value packages, a move set to increase prices on everyday goods imported from China and directly impact British shoppers and small businesses.

Reeves Plans Landlord Tax Raid: NI on Rental Income

Exclusive: Chancellor Rachel Reeves is considering applying National Insurance to rental income in a major tax overhaul targeting landlords, as Labour seeks to fill a £50bn spending gap. The controversial move could reshape the UK's buy-to-let market.

UK landlords face tax overhaul on rental income

HMRC is considering a major tax overhaul that could see UK landlords paying tax on their gross rental income instead of profits. Discover how this proposed change might impact property investors and the rental market.

Trump's 50% Tariff Threat Against India Could Hit UK

Former US President Donald Trump proposes drastic 50% tariffs on Indian goods, risking global trade turmoil and higher prices for British shoppers. Experts warn of severe economic repercussions.

Vinted Sellers Face HMRC Tax Crackdown

A leading tax expert issues an urgent warning to Vinted and eBay sellers as HMRC's new data-sharing powers come into force, potentially landing thousands with unexpected tax bills.

Trump Threatens 50% Tariffs on Indian Imports

Former US President Donald Trump has proposed imposing massive tariffs of up to 50% on Indian imports if re-elected, targeting what he calls 'unfair trade practices' and signalling a potential rupture in US-India relations.

Retirees Face £1bn Pension Tax Shock from HMRC

HMRC is accused of 'highway robbery' as new data reveals over 10,000 pensioners a month are hit with emergency tax on withdrawals, with many waiting months for refunds. Experts demand urgent reform to the 'cruel' system.

Stealth Tax To Cost Workers £1,200 as Thresholds Frozen

A brutal 'stealth tax' is silently crippling British workers' finances. With income tax thresholds frozen until 2028, millions are being pulled into higher tax brackets despite no real-terms pay rise. Discover how fiscal drag could cost you over £1,200 an

Aussie Expat's Dubai Tax Dodge Foiled in Court

A wealthy Australian expat's elaborate scheme to avoid paying millions in taxes by claiming non-residency from a Dubai apartment has been crushed by a landmark court ruling, setting a major precedent for global tax enforcement.

Pensioner wins £10k tax victory against HMRC

A retired British pensioner has successfully reclaimed nearly £10,000 after a landmark tribunal ruled HMRC unfairly taxed his pension. This case sets a crucial precedent for thousands of retirees facing similar tax demands.

HMRC's New Tax Rules for Vinted & eBay Sellers

UK online sellers on Vinted, eBay, and Etsy are being urgently warned about a major new HMRC tax rule change coming into force on January 1st, 2024. Here's what you need to know to stay compliant.

Royal Mail Suspends All US Parcel Services Over Tariffs

Exclusive: Royal Mail suspends all parcel services to the United States with immediate effect, citing 'prohibitive' new US import tariffs. British businesses and online sellers face disruption as key transatlantic trade route severed.

Rachel Reeves Abandons Labour's Mansion Tax Plan

Shadow Chancellor Rachel Reeves abandons Labour's proposed 'mansion tax' on high-value properties, signalling a significant policy U-turn and a new focus on economic stability to win voter trust.

State Pension Tax Trap: Thousands Owe HMRC

A hidden tax trap is snaring UK state pensioners. Discover why you might owe HMRC even if your income is below the tax threshold and how to check if you're affected.

Reeves Launches Major Overhaul of UK Property Tax System

Chancellor Rachel Reeves launches a comprehensive review of the UK's property tax system, targeting council tax and stamp duty in a bid to create a fairer, more efficient model for homeowners and the Treasury.

Holly Willoughby's firm gets tax bill extension

Runnens Media, co-owned by TV presenter Holly Willoughby, has been granted extra time to settle a significant corporation tax bill, raising questions about the financial health of the celebrity-backed enterprise.

HMRC £42bn Unclaimed Tax Refund Alert

Exclusive: HMRC is sitting on a £42bn pot of unclaimed tax refunds. Our guide reveals the simple checks to see if you're owed money and how to claim it securely.

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