Her Majesty’s Revenue & Customs (HMRC) are the organisation behind keeping track of UK citizens and their taxes. It turns out that HMRC has been storing taxpayers audio signatures after a default opt-in of a new Voice ID system that allowed taxpayers to use their voices as their password. Big …
Read More »Despite boosted profits, expansion, Facebook is earning tax credits
Even though it earned close to £5 billion pounds around the world in 2015, Facebook has managed to earn itself more than £11 million in tax credits with the British government, meaning that it can offset future tax bills to reduce those figures. This comes at a time of massive …
Read More »HMRC pays rent to hidden offshore company
With the fall out from the Panama Papers leak still snowballing, politicians resigning and calls for others to take more of a governing role of British Virgin Islands tax havens, one aspect has been largely overlooked. Her Majesty's Revenue and Customs (HMRC), the UK tax office, currently rents its headquarters …
Read More »Google claims no “involvement with politicians,” over tax deal
Despite having double digit meetings with 17 different government ministers and politicians over the past few months, Google has denied that it had any “involvement with politicians,” with regards to its recent tax deal, which saw it pay just £130 million on an estimated £20 billion in earnings over the …
Read More »France will not strike back-tax deal with Google, says minister
France has made it quite clear that it will not be striking a back-tax deal with Google, ruling out finding a middle ground with the American search company. This is counter to what happened in the UK most recently, where Google was asked to pay just £130 million, despite having …
Read More »Downing street too close to tech-firms claim critics
Criticism of the recent government deal struck with Google over back-tax that saw it pay just £130 million of an estimated £2 billion in missing payments, is growing. Now several politicians and industry heads are claiming that Google and other tech firms enjoy far too cosy a relationship with the …
Read More »Google to be quizzed over HMRC back-tax deal
Google is set to be questioned by a parliamentary committee about a back-tax deal it struck with Her Majesty's Revenue and Customs (HMRC), where it agreed to pay £130 million to cover claims of under-taxation from the past 10 years. Several MPs have since called the deal “cosy,” and want …
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