Category : Search result: wealth taxation


US Billionaires' Wealth Soars by £698bn in One Year

America's ten wealthiest individuals saw their fortunes skyrocket by $698 billion over the past year, with Elon Musk and Jeff Bezos leading unprecedented wealth accumulation during economic uncertainty.

Reeves targets wealthy Brits with new 'fleeing charge'

Rachel Reeves announces controversial new levy targeting high-net-worth individuals planning to leave UK, as Labour government seeks to boost Treasury coffers through wealth taxes and closing tax loopholes.

US Billionaire Wealth Surges to $5.5 Trillion

Exclusive analysis reveals staggering growth among US billionaires as their collective wealth surges to unprecedented levels, creating both economic opportunities and societal challenges.

ATO enlists debt collectors for tax recovery

The Australian Taxation Office has escalated its debt recovery efforts by hiring private debt collectors to pursue billions in outstanding taxes. Learn how this affects taxpayers and what you need to know.

France mulls US-style tax raid on wealthy expats

As France grapples with mounting economic pressures, the government is reportedly exploring controversial American-style tax measures targeting wealthy citizens living abroad in a dramatic bid to stabilise the nation's finances.

Australian 'Death Tax' Proposal Sparks Boomer Backlash

A controversial new inheritance tax proposal in Australia has ignited fierce debate, with older generations pushing back against what they're calling a 'death tax' that would redistribute wealth from estates to younger Australians.

Reeves's Wealth Tax Gamble Divides Britain

Chancellor Rachel Reeves faces mounting criticism over her controversial tax policies targeting wealth and inheritance, sparking debate about fairness and economic growth in Britain.

Reeves: No wealth tax in Labour's first Budget

Shadow Chancellor Rachel Reeves confirms Labour will not implement a one-off wealth tax in their first Budget, marking significant shift from previous economic proposals.

Decode Your HMRC Tax Number: Essential Guide

Unlock the secrets of your HMRC tax code with our comprehensive guide. Learn how to spot errors, understand your personal allowance, and avoid paying more tax than you should.

Lifetime work fails to bridge UK wealth gap

Shocking new research reveals that typical UK employees could work their entire careers without ever joining the wealthiest 10%, exposing a deeply entrenched wealth divide.

UK's Regional Wealth Gap Widens as South East Pulls Ahead

New analysis reveals a stark post-pandemic wealth gap across Britain, with the South East racing ahead while other regions face economic stagnation. Discover which areas are winning and losing in the UK's regional divide.

Optus Faces Major ATO Tax Battle Over Singtel Operations

The Australian Taxation Office takes on telecom giant Optus and its Singapore-based parent company Singtel in a landmark tax dispute that could reshape corporate taxation for multinational corporations operating in Australia.

ATO chases decades-old tax debts from Australians

The Australian Taxation Office is aggressively pursuing taxpayers for debts dating back 20+ years, using new powers to recover money many believed was written off. Thousands face unexpected financial shocks.

Boomer Wealth Myth Exposed: Luck, Not Wisdom

New research dismantles the Baby Boomer belief that personal wisdom built their wealth, revealing how historic economic advantages created a generational divide that millennials can't overcome.

UK Could Raise £2bn by Taxing SUVs Like Europe

A new study finds the UK Treasury could generate nearly £2 billion by aligning SUV taxes with stricter European policies, targeting heavy, polluting vehicles for a greener future.

Rachel Reeves pledges business rates freeze and overhaul

Shadow Chancellor Rachel Reeves announces Labour's plan to overhaul business rates, freeze the multiplier, and increase the threshold for small business relief, aiming to revitalise Britain's struggling high streets.

ATO's Tax Return Warning: Top 10 Mistakes to Avoid

The Australian Taxation Office issues an urgent alert to millions of taxpayers. Discover the top deduction pitfalls and compliance errors to avoid for a stress-free tax return this financial year.

Wales Tops UK Wealth Growth as Southeast England Lags

A landmark study reveals a dramatic wealth shift in the UK, with Wales experiencing a remarkable financial surge while traditional economic powerhouses in Southeast and Northeast England face a relative decline in household prosperity.

Greens Target Wealthy After Election Breakthrough

The Green Party's new co-leaders announce radical plans to target wealth inequality after securing 7% of the national vote. Carla Denyer and Adrian Ramsay promise to challenge the political establishment with ambitious tax reforms.

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.

Dubai Fund Takes Major Stake in London Stock Exchange

Dubai's sovereign wealth fund secures a 10.3% stake in LSEG, marking a significant Middle Eastern investment in the heart of the UK's financial infrastructure and raising questions about foreign influence.

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