Rogue Landlords

Rogue Landlords

Up to £1.73 billion a year in tax is being dodged by unscrupulous landlords. The new figures are revealed in a report by TaxWatch, and suggests that levels of non-compliance have exploded since 2010, the last time that HMRC published official figures on the scale of...
General Electric tax fraud allegations revealed

General Electric tax fraud allegations revealed

A new report published by TaxWatch today reveals the serious allegations of fraud being levelled against a major US corporation by HMRC. The full report, titled “Around the world with $5bn: General Electric and the Australian arbitrage” details how General Electric...
Cruising for a bailout

Cruising for a bailout

The cruise ship industry was an early casualty Covid-19, with all major cruise operators being forced to halt their operations.1 This has hit the industry hard, with share prices in the largest cruise companies dropping by over 50 per cent compared with this time last...
Wars, taxes, and excess profits

Wars, taxes, and excess profits

“The profiteering that cannot be got at by the restraints of conscience and love of country can be got at by taxation.” – US President Woodrow Wilson, 1918.1 World leaders are using wartime rhetoric in describing the current crisis. Emmanuel Macron has declared...