Non-doms invest record £1bn using tax break

Accountancy Daily: Use of business investment relief (BIR) by overseas high net worth individuals has increased five-fold since the tax break was first launched in 2012 by then chancellor George Osborne during the coalition government.

Full story: https://www.accountancydaily.co/non-doms-invest-record-ps1bn-using-tax-break

‘We’re the most privileged humans on earth’: Millionaires and billionaires demand to pay higher taxes

The Independent: More than 120 billionaires and millionaires have demanded to be allowed to pay higher taxes.

Full story: https://www.independent.co.uk/news/uk/home-news/millionaire-tax-inequality-open-letter-simon-pegg-climate-a9298791.html

Market-leading Private Client Property partners join Keystone Law from Charles Russell Speechlys

Keystone Law: Keystone Law is delighted to announce that the firm has been boosted by the arrival of two new private client property partners Sakhjit Randhawa and Ian Cooke who have arrived from Charles Russell Speechlys LLP.

Full Story: https://www.keystonelaw.com/news/market-leading-private-client-property-partners-join-keystone-law-from-charles-russell-speechlys

Corbyn pledges to fight tax evasion and avoidance

ICAEW: The Labour leader says that the party’s tax plans will affect the richest 5% of society.

Full story: https://economia.icaew.com/news/november-2019/corbyn-pledges-to-fight-tax-evasion-and-avoidance

Top 1% of earners in UK account for more than a third of income tax

The Guardian: The top 1% of earners in the UK now account for more than a third of income tax paid to the government, following changes over the past decade that have left almost half the population exempt from making payments.

Full story: https://www.theguardian.com/business/2019/nov/13/richest-britain-income-tax-revenues-institute-fiscal-studies

General Election 2019: Boris Johnson drops pledge to cut taxes on the rich from Conservative election manifesto

iNews: Boris Johnson is set to drop his key tax-cutting policy from the Tory manifesto, it emerged as the parties prepare to lay out their election offers in full.

Full story: https://inews.co.uk/news/politics/general-election-2019-boris-johnson-drops-pledge-to-cut-taxes-on-the-rich-from-conservative-election-manifesto-1171001