Menu
Finance
Cutting These 10 Everyday Expenses in 2014 Will Save You $8,844
How to Perfectly Plan Your Divorce to Protect Your Assets
PNC Bank Review – Overview of PNC Bank Accounts, Loans and More
Here’s Why Bank of America Just Closed Your Credit Card Without Telling You
2014 Academy Award Statue Valued at Just Under $400
Why You Could Start Seeing Your Credit Score on Your Credit Card Bills
How to Host Your Academy Awards Viewing Party on a Budget
Warren Buffett Reveals His No. 1 Investment Strategy That Anyone Can Follow
Your ATM’s OS is a Decade Old: Here’s Why Banks Are Scrambling to Update It
What You Need to Know About Obama’s $3.9 Trillion 2015 Budget
Discover What a Discover Bank Online Savings Account Can Do For You
4 Tips to Cut Your Monthly Bank Fees
Here’s Why One Analyst Says Bank Stocks Are Going to Double
How Ben Bernanke Earned $250,000 in 40 Minutes
Visa and MasterCard Join Forces to Protect Your Card from Hackers
Super-rich taxed £220m more
The taxman collected an extra £220m from Britain’s super-rich last year, thanks to a new taskforce set up to pursue high-earning tax avoiders.

HM Revenue & Customs’ high net-worth unit recovered 10pc more last year than in 2011, when it collected £200m from the 5,800 weathiest taxpayers, who each had assets worth more than £20m.

It takes the total raised by the unit to more than £500m in the past three years alone.

The unit was set up in 2009 as part of efforts to stamp out legal but aggressive tax avoidance. It employs 380 staff in eight different cities, from Birmingham to Bradford and Cardiff.

The Chancellor has set aside almost £1bn for the tax office, despite the continuing austerity measures, in the expectation that it will raise an extra £7bn over the next few years.

The high net-worth unit is part of that team. Any tax raised by the team is over and above the tax normally collected by HMRC. Sources said that the £22m of tax “would have gone unpaid without the unit’s intervention due to taxpayer error, avoidance or evasion”.

The richest 1pc of the population already pay the bulk of income tax. They paid 26.5pc of all income tax last year. In 2010, the extra revenue the unit brought it was £162m.

The Government has insisted everyone must pay their fair share in tax because those who don’t penalise the honest. It is also threatening a crackdown on the Cayman Islands and British Virgin Islands if they are not forthcoming.

• HMRC has almost doubled its use of powers to seize businesses’ assets in order to settle late VAT bills in the past year, says Syscap, the leading independent finance provider.

HMRC used its “distraint powers” to seize assets 4,746 times to speed up the payment of VAT last year, a 98pc increase on the 2,401 times of the previous year.

Menu
Hey Ladies: Don’t Miss Out on the Broke Boyfriend Tax Exemption
3 Ways to Fix Your Finances in One Hour for Daylight Saving Time
IRS Reports This Year’s Average Tax Refund is $3,034
How to Start Saving Money for Your Baby’s College Education
How to Find Free Tax Preparation in Your City
IRS Wants to Pay You $25,000 for Saving Your Tax Return
5 Secrets Your Bank Doesn’t Want You to Know
How to Handle the 5 Most Awkward Money Situations
4 Tips to Cut Your Monthly Phone and Cable Bills
Stop Wasting Money Because You Won’t Admit You’re Old
Amazon Prime Price Hike: Is It Worth It?
10 Tips for Winning Your March Madness Bracket and Some Extra Cash
I Lost My W-2! What Should I Do?
4 Cheap, Fun Ways to Celebrate St. Patrick’s Day
What Four Leaf Clovers and Interest Rates Today Have in Common
Name
Name

Password



Visit Statistics
http://google.com/

http://bing.com/

https://gepatit-info.top/

https://serdechnic.com/

https://buy-meds24.com/

https://dverirespekt.ru/

https://www.sribno.net/

https://undergroundcityphoto.com/

https://detskiezabolevaniya.com/

http://grafaman.ru/

http://innoslicon.com/html/product/index.htm

https://yginekologa.com/

https://yes-com.com/

https://www.baikaleminer.com/

https://bitmaein.com/shop

https://www.artdeko.info/

https://aerodizain.com/

http://xn--d1abj0abs9d.in.ua/

http://lider82.ru/

http://sta-grand.ru/

http://snabs.kz/

https://sky-mine.ru/

https://rybalka-opt.ru/

http://snegozaderzhatel.ru/

https://xn--e1aaajzchnkg.ru.com/

http://hit-kino.ru/

http://www.regionshop.biz/

https://xn--80aaafbn2bc2ahdfrfkln6l.xn--p1ai/

https://pp-budpostach.com.ua/

https://vykup-avto-krasnodar.ru/

https://gcup.ru/

https://mega-polis.biz.ua/

http://vanrise.com.ua/

http://infra-e.ru/

https://veterinariya.com/

https://ponosanet.com/

https://cariestop.com/

https://proartrit.com/

https://elonm.ru/

https://nakozhe.com/

https://spinanebolit.com/

http://zameskino.ru/

http://kinoprinc.ru/

http://pospektr.ru/

http://buypillsonline24h.com/

http://komputers-best.ru/

https://komp-pomosch.ru/