Category: Tax avoidance

Margaret Hodge appointed UK anti-corruption champion to tackle flow of ‘dirty money’

Foreign Office sees money laundering and tax evasion in Britain and overseas territories as key issuesUK politics live – latest updatesMargaret Hodge, a long-term campaigner against global corruption, has been appointed as...

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Increase wealth taxes to stop rise of Reform UK, says ex-Labour minister

Liam Byrne has warned the chancellor that extra levies on the rich are needed to halt the rise of the populist rightA failure by Rachel Reeves to back a “windfall of wealth taxes” in her budget risks fuelling the...

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Super-rich being advised how to avoid Labour tax clampdown, undercover investigation suggests

Revealed: Wealthy being pitched offshore products said to shelter fortunes from inheritance tax and capital gains taxThe super-rich are being advised how to use a loophole in pensions investments to shelter their wealth from...

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UK lost out on £2bn in tax in 2021 as big tech shifted profits abroad, claim campaigners

TaxWatch analysis estimates British arms of seven major tech firms paid £750m in corporation tax instead of possible £2.8bnThe UK might have missed out on as much as £2bn in tax in 2021 from big tech companies...

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