ATO Targets $5.3bn in 'On-Hold' Tax Debts in New Drive
The Australian Tax Office is chasing $5.3bn in old debts from 325,000 taxpayers, some dating back to 2017. The revamped 'robotax' scheme could see refunds withheld.
Category : Search result: wealth taxation
The $124 Trillion 'Great Wealth Transfer' Explained
A seismic $124 trillion wealth transfer from Baby Boomers is underway. Discover which generations will benefit most and the profound economic implications.
EV Tax Debate: Per-Mile vs Energy Use in UK
The UK's new per-mile EV tax faces criticism as experts propose fairer energy-based taxation. Discover the road pricing reform debate and its implications for drivers.
Disney Heiress Demands Higher Taxes on the Rich
Abigail Disney, granddaughter of Roy Disney, argues wealthy like her should pay more tax, stating 'We don't need any more money.' Discover her proposals for tax reform.
Energy Boss: Move Net Zero Costs to Cut Bills by £200
British Gas parent CEO Chris O'Shea urges Chancellor to fund decarbonisation via general taxation, not energy bills, saving households £200 annually. A fairer system for all.
$124 Trillion 'Great Wealth Transfer' Underway
A seismic $124 trillion wealth transfer is reshaping finances. Discover which UK generations stand to inherit the most and the profound economic implications.
Electric Car Tax Roadmap Unveiled for UK Drivers
The UK government reveals its electric vehicle tax strategy, outlining how drivers will pay for road use as fuel duty revenue declines. Learn what changes await.
Reeves rules out income tax hike in Labour budget
Shadow Chancellor Rachel Reeves makes significant pledge to freeze income tax rates, positioning Labour as party of fiscal responsibility ahead of potential election.
Pay-Per-Mile Road Tax Plan for Electric Vehicles
Exclusive investigation reveals how the Treasury is considering radical pay-per-mile taxation to replace lost fuel duty revenue as electric vehicles dominate UK roads.
Pay-Per-Mile: The Inevitable Tax for Electric Cars
The Chancellor faces mounting pressure to implement pay-per-mile taxation for electric vehicles as the Treasury confronts a £25bn black hole from lost fuel duty revenues.
Billie Eilish's billionaire criticism sparks wealth debate
Pop icon Billie Eilish joins growing chorus demanding billionaires pay fair share as wealth inequality reaches crisis levels. Analysis of why the ultra-rich are under fire.
Reeves: I won't raise taxes despite budget warning
Shadow Chancellor Rachel Reeves makes firm commitment to freeze taxes while acknowledging tough economic decisions loom in upcoming Budget
Rachel Reeves Rules Out Wealth Tax for UK Economy
Chancellor Rachel Reeves has definitively rejected implementing a wealth tax, arguing it could deter investment and harm economic growth. Explore the implications of this controversial decision.
Labour rules out wealth tax under Rachel Reeves
Shadow Chancellor Rachel Reeves has definitively rejected implementing a wealth tax if Labour wins power, ruling out new taxes on property, pensions, or higher earners in a major pre-budget announcement.
£70TN inheritance boom to worsen UK inequality
Leading economists warn that an unprecedented £70 trillion in wealth transfers over the next decade will dramatically widen the gap between rich and poor, creating a 'silver spoon' economy.
Billionaires double wealth while poverty crisis deepens
Shocking Oxfam report exposes how billionaires' wealth has doubled since 2020 while nearly 5 billion people face devastating poverty - with Trump's tax cuts fuelling the inequality fire.
US Billionaires' Wealth Soars by £698bn in One Year
America's ten wealthiest individuals saw their fortunes skyrocket by $698 billion over the past year, with Elon Musk and Jeff Bezos leading unprecedented wealth accumulation during economic uncertainty.
Labour's attack on middle-class aspiration revealed
Ruth Sunderland exposes Labour's controversial assault on middle-class ambitions, revealing policies that could penalise success and undermine Britain's economic recovery.
Reeves targets wealthy Brits with new 'fleeing charge'
Rachel Reeves announces controversial new levy targeting high-net-worth individuals planning to leave UK, as Labour government seeks to boost Treasury coffers through wealth taxes and closing tax loopholes.
US Billionaire Wealth Surges to $5.5 Trillion
Exclusive analysis reveals staggering growth among US billionaires as their collective wealth surges to unprecedented levels, creating both economic opportunities and societal challenges.
Reeves rules out income tax hikes in budget pledge
Shadow Chancellor commits to no increases in income tax, national insurance, or VAT under Labour government, focusing instead on economic growth and productivity reforms.
ATO enlists debt collectors for tax recovery
The Australian Taxation Office has escalated its debt recovery efforts by hiring private debt collectors to pursue billions in outstanding taxes. Learn how this affects taxpayers and what you need to know.
France mulls US-style tax raid on wealthy expats
As France grapples with mounting economic pressures, the government is reportedly exploring controversial American-style tax measures targeting wealthy citizens living abroad in a dramatic bid to stabilise the nation's finances.
Billionaire wealth largely paper-based, study finds
Groundbreaking research reveals the staggering truth about billionaire wealth - much of it exists only on paper, creating a distorted picture of global inequality.
Australian 'Death Tax' Proposal Sparks Boomer Backlash
A controversial new inheritance tax proposal in Australia has ignited fierce debate, with older generations pushing back against what they're calling a 'death tax' that would redistribute wealth from estates to younger Australians.
Reeves's Wealth Tax Gamble Divides Britain
Chancellor Rachel Reeves faces mounting criticism over her controversial tax policies targeting wealth and inheritance, sparking debate about fairness and economic growth in Britain.
Reeves rules out wealth tax in Labour economic pledge
Shadow Chancellor Rachel Reeves makes firm commitment against wealth taxes while outlining Labour's economic vision ahead of potential government.
Reeves: No wealth tax in Labour's first Budget
Shadow Chancellor Rachel Reeves confirms Labour will not implement a one-off wealth tax in their first Budget, marking significant shift from previous economic proposals.
Diane Keaton's £100 Million Fortune Revealed
Hollywood icon Diane Keaton has amassed an eyewatering £100 million fortune through her legendary acting career and savvy property investments across California.
Decode Your HMRC Tax Number: Essential Guide
Unlock the secrets of your HMRC tax code with our comprehensive guide. Learn how to spot errors, understand your personal allowance, and avoid paying more tax than you should.
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