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We share up to date news and blog posts from the worlds of finance, business and tax. If you’d like to subscribe and receive quarterly email newsletters from us collating the most relevant blogs and articles, please scroll down and submit your email address.

Amazon Paying Less Tax, Despite Jumping Profits

Amazon Services UK saw its profits rise from £48 million to £80 million between 2016 and now. However, the online retail giant paid just £1.7 million in taxes. Compared to the tax payment of £7.4 million in 2016, Amazon displayed a £5.7...

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Over 40s Tax Needed for Old Age Care

MPs have announced that a new tax for people over 40s should be introduced in England to help pay for nationwide elderly care.Currently, only those facing financial difficulties receive help towards the cost of care, whether it be in a care home or in a people’s...

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Tax Rises Needed to Pay for Boosts in NHS Funding

The Prime Minister, Theresa May, announced in a speech in London on the 18th June that the public would need to pay more in order to pay for the boost in NHS funding. Theresa May promised in the speech that this would be done in a “fair and balanced”...

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Inheritance Tax Payments Hit Record High

According to leading private client firm Wilsons, HMRC collected a record high of £5.3 billion through inheritance tax (IHT) last year. This figure reveals a 13% increase compared to 2016/17 which saw £4.7 billion paid in IHT.The record sums in IHT...

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Tax Rise of £40bn Needed to Cut Deficit

A think tank has warned that annual tax rises of £40bn are needed by the mid-2020s if the government keeps spending constant and wants to balance its books by 2025. A tax challenge has emerged whereby the government is struggling to collect as much tax as it...

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