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Tax survey reveals resentful British
I find it hard to believe 56% of people in the UK did not know what income tax bracket they were in."Eight out of 10 Britons think they are paying more tax than they were five years ago, with nearly half blaming the rise on stealth taxes, a survey showed today.Around 81% of...Teacake set to cost taxman £3.5m
How could this be mistaken for a biscuit, when it is cleary a teacake." Teacake set to cost taxman £3.5m ...Buy-To-Let Tax Shock
Her Majesties Inland Revenue fears that UK buy-to-let property owners are not declaring their profits and notification obligations and is now taking tougher action to recover moneys that should have been...Big B: I haven't bought Rs 2.7-lakh
"Bollywood icon Amitabh Bachchan has written to the Income Tax department, verifying that he had not bought sunglasses worth Rs 2.7 lakh and gifted it to the director of his soon-to-be released film, Zamaanat, after a taxman called him to seek clarification. While the I-T...
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