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Search results for taxman

ITR Filing: Income tax department shortens time limit for condonation of delay – What it means for taxpayers
1 month ago

ITR Filing: Income tax department shortens time limit for condonation of delay – What it means for taxpayers

Live Mint  

The Income Tax Department has recently made important changes in its refund claim procedures which have led to the reduction of the period when taxpayers could claim old income tax refunds. The onus has shifted now to the taxpayers to keep all the required documents amidst the transactions in future and submit them before the tax authorities at the prescribed …

Income Claims Delay Five Years Submit Filing Itr
The taxman knows about your foreign assets and is giving you a chance to revise ITR
1 month ago

The taxman knows about your foreign assets and is giving you a chance to revise ITR

Live Mint  

The Income Tax department is taking a lenient approach this year to address the non-disclosure of foreign assets in income tax returns filed in the current assessment year. “This looks like a new initiative from the tax department, wherein instead of directly sending summons of investigation under section 131 of the Income Tax Act, it is giving taxpayers a chance …

Investigation Tax Assets Income Department Foreign Act
Greedy Brown Owl and fellow Girl Guide leader jailed for conning taxman out of £446,000: Sisters, 51 and 54, splashed cash on clothes and holidays after claiming back Gift Aid on donations that didn't
1 month ago

Greedy Brown Owl and fellow Girl Guide leader jailed for conning taxman out of £446,000: Sisters, 51 and 54, splashed cash on clothes and holidays after claiming back Gift Aid on donations that didn't

Daily Mail  

Two sisters splashed out on expensive clothes and holidays after carrying out a 'sophisticated' £446,000 Gift Aid fraud while running Girl Guides groups. Sara Barnbrook, 54, and Jean Barnbrook, 51, transferred hundreds of thousands of pounds into their personal bank accounts after falsely claiming money off Her Majesty's Revenue and Customs, Leeds Crown Court was told. Jean Barnbrook and Sara …

Fraud Court Money Aid Brown Girl Sisters
Katie Price shares sweet selfie with son Harvey, 22, as she enjoys holiday in Cyprus - just weeks after being summoned to court over her bankruptcy
2 months, 2 weeks ago

Katie Price shares sweet selfie with son Harvey, 22, as she enjoys holiday in Cyprus - just weeks after being summoned to court over her bankruptcy

Daily Mail  

Katie Price shared a sweet selfie with her son Harvey as she continued to enjoy her holiday in Cyprus on Monday. Katie Price shared a sweet selfie with her son Harvey as she continued to enjoy her holiday in Cyprus on Monday The TV personality also displayed the results of her sixth facelift as she posed on the trip. Katie …

Court Her Son Son Harvey Katie Katie Price Cyprus
Kate Garraway looks 'emotional' during Good Morning Britain as she reveals she's battling a 'rabid' eye infection
5 months, 1 week ago

Kate Garraway looks 'emotional' during Good Morning Britain as she reveals she's battling a 'rabid' eye infection

Daily Mail  

Good Morning Britain's Kate Garraway quipped that she was looking 'emotional' live on air as she admitted she'd been battling a 'rabid' eye infection in Friday's show. Despite her teary-eye appearance, Kate made light of the situation and joked it was also 'partly' due to England's men's football team securing their spot in the Euro 2024 final. Good Morning Britain …

Pension Eye Britain Kate Kate Garraway Derek Good Morning Britain
Kate Garraway's financial woes worsen as she is hit with £32,000 bill from liquidators for closing late husband Derek Draper's psychotherapy company after being crippled by £700,000 tax bill
6 months, 3 weeks ago

Kate Garraway's financial woes worsen as she is hit with £32,000 bill from liquidators for closing late husband Derek Draper's psychotherapy company after being crippled by £700,000 tax bill

Daily Mail  

Kate Garraway has been hit with a £32,000 bill from liquidators for closing her late husband Derek Draper's psychotherapy company after being crippled by a £700,000 tax bill. Kate Garraway has been hit with a large bill from liquidators for closing her late husband Derek Draper's psychotherapy company Kate's husband Derek Draper suffered severe lung damage and relied on his …

Pension Bill Kate Kate Garraway Derek Derek Draper Late Husband
Anne Robinson, 79, reveals plans for her £50m fortune to save it from the taxman after she dies
7 months ago

Anne Robinson, 79, reveals plans for her £50m fortune to save it from the taxman after she dies

The Independent  

Sign up to our free IndyArts newsletter for all the latest entertainment news and reviews Sign up to our free IndyArts newsletter Sign up to our free IndyArts newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. The former Weakest Link host, 79, who is currently dating the Queen’s ex husband Andrew …

Parker Free Husband Robinson Inheritance Tax Parker Bowles Saga
UK government won't stop penalizing second homeowners; local council taxes set to be doubled
8 months, 1 week ago

UK government won't stop penalizing second homeowners; local council taxes set to be doubled

Hindustan Times  

-- This is getting personal. Local council taxes are set to be doubled on these second properties in England, coming after a series of tax breaks have already been removed and purchase duties raised. Local council taxes are set to be doubled on second properties in England, coming after a series of tax breaks have already been removed and purchase …

London Properties Tax Local Second Read Gove
PLR Rates Are Not Applicable To Loans To Be Re-Paid In Foreign Currency Vis-À-Vis Interest On Delayed Realization: Mumbai ITAT
9 months, 1 week ago

PLR Rates Are Not Applicable To Loans To Be Re-Paid In Foreign Currency Vis-À-Vis Interest On Delayed Realization: Mumbai ITAT

Live Law  

The Mumbai ITAT clarified that interest rates on FCNR accounts maintained in foreign currency are different and dependent upon the currency in question. Referring to decision of Delhi High Court in the case of CIT-I vs. Cotton Naturals Ltd. 231 Taxmann 401, the Bench comprising Amit Shukla and Gagan Goyal observed that “The PLR rate, therefore, would not be applicable …

Interest Currency Rate Bench Foreign Currency Itat Applicable
Top 20 taxpayers in UK revealed as Russian-born trader and Bernie Ecclestone top list
10 months, 3 weeks ago

Top 20 taxpayers in UK revealed as Russian-born trader and Bernie Ecclestone top list

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy A Russian-born trader and former Formula One boss Bernie Ecclestone …

Family Tax Image List Million Russian John
Family businesses set to lose £450,000 following collapse of Princess of Wales's parents' party supplies company earlier this year
1 year ago

Family businesses set to lose £450,000 following collapse of Princess of Wales's parents' party supplies company earlier this year

Daily Mail  

A string of family businesses will not receive any of the £450,000 they are owed by Party Pieces, the company run by the Princess of Wales’s parents that went bust this year. Party Pieces, which sells decorations and party paraphernalia for children’s events, was founded by Kate’s mother Carole Middleton, 68, and father Michael, 74, in 1987 and was once …

Party Pieces Family Businesses Owed Party Pieces
HMRC to close self-assessment helpline in 'seasonal trial'
1 year, 6 months ago

HMRC to close self-assessment helpline in 'seasonal trial'

Daily Mail  

It said the 'seasonal model' will help to free up advisers to take urgent calls The taxman will close another of its crucial phone helplines next week - a move it claims will free-up staff to help callers with urgent queries. For three months from 12 June, HMRC will trial directing self-assessment queries from the helpline to the department's digital …

Business Tax Online Hmrc Vat Business Owners Calls
Delhi high court dismisses Gandhis’, AAP pleas against I-T assessment transfer
1 year, 6 months ago

Delhi high court dismisses Gandhis’, AAP pleas against I-T assessment transfer

Hindustan Times  

NEW DELHI: The Delhi high court on Friday dismissed a batch of nine petitions including three by Congress leaders Sonia Gandhi, Rahul Gandhi and Priyanka Gandhi Vadra, and another by the Aam Aadmi Party that challenged the orders of the income tax department to transfer their tax assessment from the faceless assessment to the central circle. Former president Sonia Gandhi, …

Delhi Tax Congress Cases Assessment Transfer Gandhi
NHS doctors ‘consider selling their homes’ because of pension tax bills
1 year, 10 months ago

NHS doctors ‘consider selling their homes’ because of pension tax bills

The Telegraph  

A tax trap has forced doctors to consider selling their homes after being hit with huge bills from HMRC, according to a senior NHS director. Sir James Mackey, director of elective recovery at NHS England, said large demands from the taxman remained a "big problem" for some clinicians who worked extra hours. The Institute for Fiscal Studies has previously warned …

Tax Nhs Ifs Sir James Tax Bills
Nadhim Zahawi: Here’s what probe into sacked Tory chairman’s taxes found
1 year, 10 months ago

Nadhim Zahawi: Here’s what probe into sacked Tory chairman’s taxes found

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Sir Laurie Magnus found that Mr Zahawi, the Stratfrod-on-Avon …

Investigation Tax Interests Minister 2022 Laurie Hmrc
Hunt ushers in new era of high tax, big state Britain
2 years, 1 month ago

Hunt ushers in new era of high tax, big state Britain

The Telegraph  

Mr Johnson said that debt interest, which is expected to stay at around £100bn a year, plus higher spending on health and on benefits, “entirely explains the growth in the size of the state over the period from 2019 to the later years of this decade”. “We want low taxes,” Jeremy Hunt said on Thursday, even as he introduced a …

Tax
Explaining English club rugby’s financial crisis as Worcester and Wasps fight for survival
2 years, 3 months ago

Explaining English club rugby’s financial crisis as Worcester and Wasps fight for survival

The Independent  

Sign up to our free sport newsletter for all the latest news on everything from cycling to boxing Sign up to our free sport email for all the latest news Sign up to our free sport email for all the latest news SIGN UP I would like to be emailed about offers, events and updates from The Independent. open image …

English Rugby Image Club Wasps Coventry Gallery
I-T Dept Going into New Areas to Check Tax Evasion: CBDT Chairman
2 years, 3 months ago

I-T Dept Going into New Areas to Check Tax Evasion: CBDT Chairman

News 18  

The income tax department is going into “new areas” of the economy to check tax evasion even as its investigation units are using analytics to sift through voluminous data on Indians holding assets abroad, CBDT Chairman Nitin Gupta has said. “We are touching new areas and various sectors of the economy which were never touched like asset reconstruction companies, gaming, …

India Data Tax Evasion Department Gupta Taxpayer Crs
Wasps Rugby club being chased by HMRC over unpaid tax bill
2 years, 4 months ago

Wasps Rugby club being chased by HMRC over unpaid tax bill

The Telegraph  

Wasps are being pursued by HM Revenue & Customs over an unpaid tax bill. After Telegraph Sport revealed Worcester Warriors had been hit by a winding-up petition from HMRC, their Midlands rivals were said to be another Premiership club being chased by the taxman. “We have a robust business model with a busier than ever order book for concerts, conferences, …

Sport Club Wasps Telegraph Sport Hmrc Worcester
How do you get HMRC to correct a tax code error?
2 years, 8 months ago

How do you get HMRC to correct a tax code error?

Daily Mail  

Heather Rogers: A lot of post is not being responded to by HMRC at the moment, so if you are making a formal complaint put that on the envelope Heather Rogers is the founder and owner of Aston Accountancy and This is Money's resident tax expert. Receiving your new tax code If you haven't received a tax code and have …

Tax Information Complaint Check Code Write National Insurance
I-T Dept detects over Rs 700 cr tax evasion after raids against Chennai's Chettinad Group
4 years ago

I-T Dept detects over Rs 700 cr tax evasion after raids against Chennai's Chettinad Group

India TV News  

The Income Tax Department has detected tax evasion of more than Rs 700 crore after it recently raided multiple locations of Chennai-based Chettinad Group, the CBDT, and official sources said on Tuesday. "The highlight of the search includes seizure of unaccounted cash of Rs 23 crore from various locations," the CBDT said in a statement. While the CBDT said its …

Tax Chennai Tax Evasion Crore Group Cbdt Chettinad Group