Category: taxpayers
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Taxpayers lose largest-shareholder status in Natwest as Blackrock overtakes government stake
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The government abandoned its position as the largest shareholder in Natwitist for the first time in more than 15 years, with its share sliding to 5.93 percent. This represents an important moment in the state’s decline in the bank’s rescue plan of 45.5 billion pounds – known as Royal Bank…
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American Taxpayers to Benefit from Trump and Musk Dividends?
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This article is also available in Spanish. American citizens may soon get a large financial payment if the United States government continues its plan to reduce spending and provide trillion dollars. Although this step appears to be a financial responsibility, it may also have unexpected benefits for $ DOGE –…
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Over one million taxpayers face fines after missing self-assessment deadline
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An estimated 1.1 million people in the UK were absent from the reduction of January 31 to submit the annual declarations of self -evaluation tax, according to HM and Customs (HMRC). Each Fair failer now faces a penalty of at least 100 pounds, unless they can prove that they have…
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Taxpayers could get a $1,400 stimulus check by the end of this month. Are you eligible?
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By the end of this month, taxpayers could receive a stimulus check of up to $1,400, depending on how they file their 2021 tax returns. the Internal Revenue Service It announced in December that it would distribute about $2.4 billion — up to $1,400 per person — in stimulus checks…
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COVID corruption commissioner unlikely to recover taxpayers’ money
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The appointment of Tom Hayhoe as the UK’s anti-corruption commissioner has been criticized because it is unlikely to result in significant recoveries from taxpayers, according to leading audit and advisory firm Blake Rotenberg. Fiona Verney, a partner at the firm, questioned the value of the role, especially given the time…
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Proposed Adani, JKIA deal risky and morally unfair to taxpayers
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In 2019, I wrote an opinion piece in Business Daily titled “Why the KQ/KAA Deal Is Unconvincing.” Kenya Airways (KQ), which was on the verge of bankruptcy, was to acquire the assets and operations of the Kenya Airports Authority (KAA) with the aim of using the authority’s cash flows to…
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Taxpayers urged to heed HMRC’s simple tax assessments
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More than half a million taxpayers due to receive simple tax assessments from HMRC for the first time have been warned not to ignore them to avoid penalties and miss out on tax deductions, according to leading audit, tax and business advisory firm Blick Rothenberg. Robert Salter, a director at…
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Nearly one million taxpayers fail to file returns, face KRA fines
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About 953,971 taxpayers failed to file their tax returns with the Kenya Revenue Authority by the June 30 deadline, exposing them to penalties from the tax authority. Official data from South Korea’s tax service shows that 8,046,029 taxpayers filed their tax returns by the end of June, against a target…
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All Major Parties’ Tax Manifestos could lead to nasty shock for taxpayers
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The tax policies pursued by all major parties – as expressed in their election platforms – give general election voters a misleading impression of taxes over the next five years. That’s the view of Robert Salter, technical director of tax at leading audit, tax and business advisory firm Blick Rothenberg.…
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Taxpayers to pick up Sh1.1bn for President Ruto advisers
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The cost of maintaining a team advising President William Ruto will cross the Sh1 billion mark, underscoring the burden of hiring consultants in government. Budget documents tabled in Parliament show the six advisory units will spend Sh1.14 billion in the year starting July, up from Sh977 million in the current…