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HMRC sends 'nudge' letters to non-doms over unpaid tax

HMRC sends 'nudge' letters to non-doms over unpaid tax
international-adviser.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from international-adviser.com Daily Mail and Mail on Sunday newspapers.

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HMRC revenue from Capital Gains Tax jumps fourfold as businesses sell off assets : CityAM

HMRC revenue from Capital Gains Tax jumps fourfold as businesses sell off assets : CityAM
cityam.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cityam.com Daily Mail and Mail on Sunday newspapers.

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Wealth taxes are going global, from California to Germany

Even though President-elect Joe Biden isn’t a fan of a wealth tax, progressives are pushing forward on the state level.
The fortunes of the world’s 500 wealthiest people rose almost a third in 2020, according to the Bloomberg Billionaires Index, surging by US$1.8 trillion to US$7.6 trillion.
(Jan 7): The fortunes of the world’s richest people soared in 2020 even as the pandemic caused economic devastation, a stark trend that is reviving calls to tax all that new wealth.
From Chile to the UK, left-leaning parties, lawmakers, activists and academics are floating new proposals for levies on millionaires and billionaires, with the goal of directly taxing their assets rather than hiking rates on sources such as income. ....

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Inheritance tax increase 'on horizon' as expert warns: 'I'm fearful'

| UPDATED: 14:07, Mon, Dec 14, 2020
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Chancellor Rishi Sunak is facing mounting pressure from those in his own party to not raise taxes in order to pay for the coronavirus pandemic and the potential impact of a no deal Brexit. Trade talks with the EU remain deadlocked with the transition period – and deadline for a deal – at midnight on December 31. Whitehall departments have devised resilience deals to aid the agriculture, fishing, automotive and chemicals industries, all of which could face tariffs and disruption if free trade between the UK and EU ends. ....

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