Tag results for: HMRC

UK’s top 100 earners paid £39 million each in income and capital gains and these geese are hissing – London Business News | Londonlovesbusiness.com

The top 100 taxpayers in the UK collectively paid a staggering £3.9 billion of income and capital gains tax in 2022/23, the equivalent of £39...

Warning issued for Self-Assessment tax return deadline – London Business News | Londonlovesbusiness.com

In February 2024, it was revealed that a massive 1.1 million people missed the deadline for the previous tax year. Missing the deadline could...

HMRC now issuing more and more of its heaviest fines for VAT errors – London Business News | Londonlovesbusiness.com

HMRC is increasingly levying its heaviest penalties on VAT returns errors, with a 38% increase in the serious penalties issued for what it terms ‘deliberate’...

AIM-pocalypse would hurt more than just those seeking IHT relief – London Business News | Londonlovesbusiness.com

The London Stock Exchange has warned that removing inheritance tax (IHT) relief from AIM is “likely to result in significant market volatility. That pain...

SME support could offer 3.6% economic growth boost – London Business News | Londonlovesbusiness.com

Business finance comparison site, FundOnion, has today called on the Labour government to introduce three policies that will help small businesses reduce their reliance on working...

Government urged to act after four more tax avoidance schemes identified – London Business News | Londonlovesbusiness.com

HMRC has added four more tax avoidance schemes to its list of known avoidance promoters. The update, issued on 5 September, should be welcomed – but instead,...

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A concerningly high number of teens admit to using AI for making sexualized pictures

OpenAI CEO Sam Altman is pushing to release an “adult version” of ChatGPT, while Elon Musk has advocated allowing Grok to generate R-rated...

Revive your self-care routine this spring with Laifen’s fast-beauty innovations, up to 25% off

As winter makes its exit and spring steps in, the sense of renewal immediately sets a newfound motivation in people. It’s either simplifying...

Watch McDonald’s test humanoid robots on the front line

A McDonald’s in the Chinese megacity of Shanghai is testing humanoid robots in roles usually the preserve of human workers, with other types...

The FBI confirms it’s buying Americans’ location data

During a Senate hearing, FBI Director Kash Patel confirmed that his agency has bought information that could be used to track individuals' movement...

A Meta agentic AI sparked a security incident by acting without permission

The Information reported that an AI agent within Meta took unauthorized action that led to an employee creating a security breach at the...