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Category: tax

  • UK SMEs eye £4bn NI savings despite looming tax hike

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    Investor Empires

    Small and medium enterprises (SMES) are preparing for a significant increase in national insurance contributions (NI) after the autumn budget last year, as Chancellor Rachel Reeves announced the rise of NI rates for the employer and the threshold of less than 2025/26. Although the Treasury expects to collect 25 billion…

  • Firms fear record cost surge ahead of Reeves tax raid

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    Investor Empires

    A record number of British business leaders are preparing for unprecedented cost pressure over the next year, driven by tax increase, increased energy bills and increased wage requirements, according to a new survey conducted by the IOD Institute. The poll revealed that 89 % of the respondents expect their costs…

  • UK SMEs risk losing out on £47bn in R&D tax relief

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    Investor Empires

    A new HMRC data analysis has found that small and medium -sized companies in the United Kingdom fail to claim up to 47 billion pounds in the field of research and development (R&D). While 36 % of small and medium enterprises across the country participate in innovative activities, less than…

  • UK extends seasonal farm worker scheme for five years as inheritance tax row rumbles on

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    Investor Empires

    In an attempt to alleviate tensions with the agricultural sector, the Minister of Environment Steve Reed is scheduled to emphasize a five -year extension of the UK workers’ plan in the United Kingdom. The advertisement, which is due at the National Union of Farmers (NFU), follows weeks of discontent raised…

  • Most UK businesses to ‘rethink their plans’ as tax rise takes toll

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    Investor Empires

    British Chambers of Commerce (BCC) has warned that 8 out of 10 companies in the United Kingdom will be forced to review their future strategies when the proposed increase in national insurance contributions to employers enter, making a “cost -cost barrel” for companies. In a recent poll, 82 percent of…

  • CBI boss warns Reeves’s farm tax raid could hobble Britain’s economy

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    Investor Empires

    Rachel Reeves Plan to reduce the relief of the inheritance tax for farmers risking growth and destabilizing the broader economy, according to Rain Newton-Smith, President of the British Industry Union (CBI). In his speech to the National Farmers Union (NFU) on Tuesday, Newton Smith criticized the advisor’s decision to reduce…

  • Insolvencies soar to 16-year high as tax hike drives bosses to close up shop

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    Investor Empires

    The number of insults of the company increased sharply at the beginning of the year, as it reached an unprecedented level since the financial crisis, according to the latest numbers from the insolvency service. More than 1900 companies decreased in January – 10.7 percent over a year – which increased…

  • Restaurants brace for Reeves’s £25bn tax raid as hospitality job cuts loom

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    Investor Empires

    The hospitality and retail sectors in Britain are preparing to raise the tax on the horizon in April on national insurance contributions to employers (NIC), as well as a sharp rise in the minimum wage, both of which warn industry leaders of job losses and further price increases. Dominic Chapman,…

  • Israel Tax Authority set to publish voluntary disclosure plan

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    Investor Empires

    The new volunteer disclosure of the Israeli Tax Authority will not include an unknown path as in the previous programs, but it will include a “green” path to report the profit of encrypted currency that reaches hundreds of thousands of Chicles, without requesting discussions with an evaluation official. This is…

  • action needed on funding, AI training, and tax relief

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    Investor Empires

    Small companies across the UK urge the government to give priority to financing, subsidized artificial intelligence training, and a more friendly tax system for small and medium -sized cars as part of the economic growth strategy, according to a new report issued by Goldman Sachs. The report, which depends on…

  • Reeves faces tough choices as fiscal headroom vanishes, raising tax hike fears

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    Investor Empires

    Economists have warned that Chancellor Rachel Reeves has exhausted the temporary store of 9.9 billion pounds, which may force her to raise the income tax to cover unexpected economic shocks. The National Institute for Economic and Social Research (NIESR) said that slow growth and high interest rates have already eliminated…

  • ‘Heartbroken’ young farmers join London protests over Labour’s inheritance tax changes

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    Investor Empires

    In the early hours of the morning, Tom Lucas, 16, ascended to his 16-year-old Jargson, called for the sick college, and started an eight-hour trip to London-where he was walking only 16 miles per hour . The young farmer from Cambridgeshire made a trip to join hundreds of farmers and…

  • Israeli gov’t mulls tax cuts as deficit narrows

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    Investor Empires

    The exceptional data published on Monday by the public accountant – a record number at all in the state’s revenues in January 2025 and narrowing the financial deficit faces the Ministry of Finance with a challenge. While the Ministry of Finance officials try to cool this enthusiasm, and to emphasize…

  • Spiralling UK tax administration costs blamed on complex system, warns watchdog

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    Investor Empires

    The UK tax system has become expensive and is increasingly difficult to manage, with the increase in administrative expenditures for both the government and companies, according to a report from the National Audit Bureau (NAO). The spending control authority warned that the increasing complexity in the tax rules paid the…

  • Spiralling UK tax administration costs blamed on complex system, warns watchdog

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    Investor Empires

    The UK tax system has become expensive and is increasingly difficult to manage, with the increase in administrative expenditures for both the government and companies, according to a report from the National Audit Bureau (NAO). The spending control authority warned that the increasing complexity in the tax rules paid the…

  • Lloyds braced for £1bn tax clash in Ireland losses row

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    Investor Empires

    LLOYDS Banking Group faces a billion pounds of a billion pounds after the tax court ruled against it in a conflict linked to losses in Ireland, which dates back about 15 years. The first -class court tax room refused to resume the lender against HM and Customs revenues that LLOYDS…

  • US Postal Service restarts China deliveries as Trump tightens import tax rules

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    Investor Empires

    US Post Service (USPS) has resumed acceptance of parcels from the mainland of China and Hong Kong, reflecting a brief comment that led to new trade measures presented by President Donald Trump. This step follows a major shift in import duties in America, where the White House canceled the exemption…

  • Elon Musk creates confusion about IRS’ Direct File — but the free tax program is still available

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    Investor Empires

    WASHINGTON (AP) – The Eileon Mousse Technology billionaire published on its social media website on Monday that it “deleted” 18f, a government agency that worked in technology projects such as the direct file program for the Authority. This caused some confusion about whether the direct file is still available to…

  • Who Gains, Who Loses as India Doles Out $12 Billion in Tax Sops

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    Investor Empires

    Bread path links PMN Business India has reduced the country’s middle -class taxes, setting about $ 12 billion in its pockets, as Narindra’s government aims to enhance spending on consumption. The author of the article: Bloomberg News Sanjay and Arshish Sharma Posted on February 01, 2025 • 4 minutes read…

  • Abramovich faces fresh calls for HMRC probe over potential £1bn tax bill

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    Investor Empires

    Roman Abramovich, the Russian few, is facing the renewed audit after a group of members of Parliament urged HMRC revenues and majesty to investigate allegations that it may condemn up to one billion pounds in non -paid taxes. This intervention follows the BBC reports and the investigative press office indicating…