3 d. ago Ditch rising cost of living in the UK for tax havens where you can save and enjoy the sunshine too

The super-rich have long cashed in on this, but with many taxes increasing in the UK more people are being tempted by the lure of lower-tax jurisdictions.

Economics

4 d. ago Martin Lewis' Council Tax warning for anyone who has moved house this year

Money-saving guru Martin Lewis has urged all Brits who have moved house in the last six months to check their Council Tax band - as hundred of thousands of households are thought to be overpaying

Events

9 d. ago Edinburgh council backs new cruise ship passenger levy as 'fair' move following tourist tax

Edinburgh City Council wants the powers to introduce a levy on cruise ships.

Society

9 d. ago It’s been a big, beautiful week of bad news for Trump. But don’t expect it to stick | Zoe Williams

Elon Musk is tapping out, and a court has stepped in on tariffs. But the wheels coming off doesn’t mean the bus is stoppingNothing is going according to plan for the Trump administration. The big, beautiful bill, originally vaunted to save the US taxpayer at least $2tn, so far, according to projections, delivers savings in the region of $9.4bn. Elon Musk has exited government, saying he wasn’t in favour of the bill, which could be big, or beautiful, but in this case, not both. Musk’s government contract ran for only 120 days, so it would have been up at the end of this week anyway.Just to try to lasso those words back to an observable reality where they might mean something, the bill isn’t all that big; there are some very vindictive moves around Medicaid entitlement, intended to fund tax cuts elsewhere, that will have seismically bad outcomes for vulnerable individuals without necessarily burning a hole in anyone else’s pocket. Tips and overtime are exempted from tax, but probably ...

Politics

2 w. ago Lewis Hamilton’s defence of his Monaco move before Tyson Fury dealt tax jab

The Monaco Grand Prix takes place on Sunday with Ferrari's Lewis Hamilton previously on the end of criticism due to his choice to reside in microstate for much of his F1 career

Economics

2 w. ago Reform UK promises to reverse ban on new North Sea oil drilling if elected

Party spokesperson says policy has ‘clear benefits for securing jobs and energy independence’Reform UK has promised to reverse the government’s ban on fresh North Sea oil and gas drilling as a “day one” priority if elected to power, with the taxpayer taking a stake in the projects.Richard Tice, the party’s deputy leader, has met with senior UK oil executives in recent weeks to pledge the party’s support for the industry, which has been hit hard by the government’s windfall tax and moves to block fresh North Sea exploration licences. Continue reading...

Politics

2 w. ago Hong Kong authorities trying to disrupt independent press with ‘strange’ tax audits

Inland revenue targets eight outlets, union, 20 journalists and their families with supposed ‘random’ checksHong Kong authorities have targeted journalists and media outlets with what are supposed to be “random” tax audits, in a move the industry union says adds pressure to waning press freedoms.The head of the Hong Kong Journalists Association, Selina Cheng, detailed what she said were “strange” and “unreasonable” accusations by Hong Kong’s inland revenue department. Requests or audits were made against the association, at least eight independent media outlets, and at least 20 journalists and their family members, including Cheng and her parents, she said at a press conference on Wednesday. Continue reading...

Culture

2 w. ago Pensioners urged to make £1 move to avoid losing thousands in tax after blunder

Over-55s in the UK have been urged to withdraw a small amount from their pension to avoid losing thousands in emergency tax when taking out lump sums

Economics

3 w. ago Brit expat couple hit with £10k Spanish tax bill despite moving back to UK 5 years ago

Richard and Jane Brown retired to Spain in October 2010 but moved back to Rotherham in April 2017 - now a Spanish 'about turn' has seemingly caught them out

Economics

3 w. ago UK couple are hit with 'scam' £9,000 tax bill by Spanish authorities despite never having worked there

When the couple moved to Andalusia, Richard, 70, continued to pay tax on his UK pension to HMRC, meaning he did not have to pay any tax to Hacienda, the Spanish Treasury.

Economics

4 w. ago DWP Universal Credit migration deadline passes as tax credits officially end

The deadline for people to move from tax credits to Universal Credit has passed

Politics