New chancellor Rishi Sunak would be wise to avoid slashing pension perks 

Governors seize on criticisms of president over lack of coronavirus stimulus

Jeremy Corbyn unveils party's ‘most radical’ plans in decades, Tories backtrack on national insurance pledge while pressure on public finances increases

In a country that features prominently in international corruption league tables, it is surprising to find a futuristic tax system that has significantly narrowed the gap between revenue due and revenue collected. Chris Giles, the FT's economics editor, visited Russia's Federal Tax Service to find out how the system works. He discusses whether the model could be applied elsewhere with Suzanne Blumsom.

Contributors: Suzanne Blumsom, executive editor, and Chris Giles, economics editor. Producer: Fiona Symon

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Chinese carmaker Geely is investing in German flying taxi start-up Volocopter. Josh Noble discusses China’s interest in this technology and the future of flying taxis wirh the FT’s motor industry correspondent Peter Campbell and global technology correspondent Tim Bradshaw

Contributors: Josh Noble, weekend news editor, Peter Campbell, motor industry correspondent, and Tim Bradshaw, global technology correspondent. Producer: Fiona Symon

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Paper released by UK regulators homes in on tactic known as latency arbitrage

Former pensions minister says the crisis means greater flexibility is needed 

New rules allow savings to go straight into an Isa without affecting the annual allowance

Take advantage of tax allowances available despite the turmoil

I am concerned about inheritance tax if my husband and I were to die prematurely

I own a flat in London but I am looking to buy a house further out and commute every day

I employ 10 people and also own a couple of buy-to-let properties

I am a US citizen who has lived in the UK for nearly 20 years

HMRC’s letter says I might have to withhold tax from my rent 

We are returning to the UK from the US following the virus outbreak

You might not like the thought of paying tax on your pension contributions — but it’s coming 

The needs of all Australians - affordable housing, a secure job, a decent education for their children, a good health system and a comfortable retirement - will not be met if we don't achieve major tax reform.

At PwC we have put significant effort into generating a national conversation about Australia's tax system and the need to improve it.

Major tax reform is the most sensible lever to pull to combat a projected $48 billion in lost revenue in our new low growth economy.

If the company tax rate was reduced from 30 to 25 per cent over the next five years gross domestic product (GDP) would grow $291 billion and income tax revenues would generate $4 billion up to the year 2025, PwC modelling released today shows.

Kanye West announced plans in November that he was setting up a new Adidas Yeezys HQ in Cody, Wyoming, vowing to bring jobs back to the United States.

Rio police probing Ryan Lochte's armed robbery account are understood to have tracked down the taxi driver who will be able to confirm or deny his hotly-contested claims, DailyMail.com reveals.

Contracts show $1,094,250.39 was spent on cars, $30,073.58 was spent on installing phone lines and $30,073.58 was paid to SLC Turnberry Limited, which is part of The Trump Organization.

In a pilot scheme, Scottish town halls can introduce the supplement, dubbed a ‘Robin Hood tax’ because it takes from rich online giants and gives to beleaguered town centre stores.

ALISON BOSHOFF: With Prince Charles not asking for help from the Government's coronavirus furlough scheme - but Victoria Beckham among those taking it - it's sparking furious debate.

The millionaires lashed out online after Mr Corbyn said that 'in a fair society there would be no billionaires and no one would live in poverty'. Mr Poulter branded the Labour leader a 'complete buffoon'.

Michael Bloomberg has officially announced he is running for president, bringing the Democratic primary field back up to 19 candidates.

Class sizes and costs for local councils would soar of thousands if extra students has to be absorbed by the state system, the Independent Schools Council (ISC) warned.

Labour leader Jeremy Corbyn laid out a platform of tax hikes for the better-off and nationalisation of key industries in his first keynote speech of the contest.

JACK DOYLE: Here, in all its blood red socialist horror, we examine the manifesto that independent analysts say would hit millions of families in the pocket. ..

John Caudwell said 'nearly every wealthy person I know is thinking of leaving the UK including me if Labour get in' as he challenged John McDonnell during a face-to-face meeting.

Even with pre-clinical and early stage clinical trials underway, we still may not see a Zika vaccine licensed and approved for use in humans for years.

The Foreign Office has been condemned by senior MPs and human rights groups for continuing to use aid money intended to alleviate poverty to help some of the world's most brutal regimes.

Crystal Mason, a 43-year-old tax fraud convict and mother-of-two, voted in the 2016 election while on supervised release - unaware that she was ineligible under a Texas law.

The 53-year-old former St Kilda star has been hit with four charges following the alleged attack in Docklands, inner-western Melbourne, on March 30.

Manchester's leaders accused the US tech firm of 'flooding' the city with sub-standard drivers and even said its licensing standards were being 'undermined'.

French billionaire François-Henri Pinault, who owns firm behind Gucci and Yves Saint Laurent and is married to Salma Hayek, pledged €100m to Notre Dame.

Sophie Pointon (pictured), 22, told police officers that she had been sexually assaulted in the back of the cab she had been picked up in after a night out in Leeds city centre.

Last Sunday was the third and final day of Victoria Beckham's extended 46th birthday celebrations. Already she had enjoyed a 'virtual' party hosted by a celebrity DJ friend and broadcast on Instagram.

ALISON BOSHOFF: With Prince Charles not asking for help from the Government's coronavirus furlough scheme - but Victoria Beckham among those taking it - it's sparking furious debate.

Taxpayers in 2017 stumped up $45,000 and $120,000 for two separate Australian Sports Commission dinners in Melbourne and Sydney hosted by cabinet minister Greg Hunt.

The tax officers have also rolled out communications to the taxpayers, encouraging them to settle their pending disputes under the VSV Scheme.

IANSVAT on petrol was increased to 30% from 27%, previously. In the case of diesel, VAT has been almost doubled to 30% from 16.75% Petrol in Delhi now costs ₹71.26 a litre as against ₹69.59 previously. Previously, the Delhi government imposed a 70% fee on the maximum retail price of all categories of liquor sold through retail licenses for consumption off the premises.A day after imposing the special ‘corona fee’ on liquor, the Delhi government has hiked local sales or value-added tax on petrol and diesel. VAT on petrol was increased to 30% from 27%, previously. In the case of diesel, VAT has been almost doubled to 30% from 16.75%. Old PriceNew PricePetrol ₹69.59₹71.26Diesel₹62.29₹ 69.39Petrol price in the national capital was hiked by ₹1.67 a litre on May 5 and diesel by a steep ₹7.10 per

The Indian government increased the excise duty on petrol and diesel by ₹10 and ₹13 per litre respectively, hoping to mop up ₹1.6 lakh crore this year.As a result of this, tax on petrol and diesel comprises of 70% of the total price per litreWith the crude oil prices at historically low levels, this could help the government reduce the fiscal deficit at a time when the economy has come to a standstill due to the nationwide lockdown.Amid the falling crude prices, the cash-strapped Indian government has increased the excise duty on petrol and diesel by ₹10 and ₹13 per litre respectively. The increase in excise duty has now taken the tax component in the auto fuels to almost 70% and with this, the government hopes to mop up ₹1.6 lakh crore this year.Various state governments across the country

Mr Banks, who bankrolled Nigel Farage's campaign to leave the EU, argued that his political donations being exempt from inheritance tax breached his human rights and breached EU law.

Startups with international ambitions eventually face one choice that others might take for granted: What language will they use?When Florian Reuter joined the drone taxi startup Volocopter as CEO, one of his key initiatives was to get the entire business to use English instead of its native German.The move reflected the company's ambition to be the international leader of a new mode of transportation, rather than operating primarily within Germany.Since making the switch in 2017, Volocopter has grown from 15 people to over 150, with plans to build a team of thousands to bring personal air travel to cities around the world.This article is part of a series on growing a small business, called "From 1 to 100."Countless decisions go into scaling a startup. Many of those choices are explicit,

Two tax provisions of the $2 trillion stimulus package could put cash back into small business owners' pockets almost immediately. Most businesses will be eligible to defer payroll taxes and receive tax credits for keeping employees.However, businesses may not be eligible for tax relief if they receive a forgiveable loan through the Paycheck Protection Program.To understand how business owners can take advantage of these programs Business Insider reviewed IRS guidelines and spoke with a small business advisor at Wiss & Co. accounting firm. Click here for more BI Prime content.Businesses that have been forced to close, limit operations, and lay off employees during the coronavirus pandemic have several lifelines available to them, two of which are tax-related and could put cash back in their

When Florian Reuter joined German drone taxi startup Volocopter in 2015 as CEO, co-founders Stephan Wolf and Alexander Zosel had impressive tech, but no clear path to market."When we started out there was not even an idea of how these types of vehicles would ever be certified," Reuter told Business Insider. "Now we have a whole new category created for us."Volocopter now has equity funding of €122 million and the company continues to add corporate strategic partners to a list that includes Daimler, Intel, and Micron.Now, the team is focused on completing its certification with the European aviation authority to become the first commercial air taxi company.This article is part of a series on growing a small business, called "From 1 to 100."If disruption is the path to a billion-dollar startup,

Former Texas Rep. Beto O'Rourke has released the details of his proposed 'war tax' intended to help veterans and discourage 'endless wars.'

Six-month-old Alif Putr died in surgery on Tuesday morning, but was being held by M Djamil Hospital in Padang, Indonesia, until his parents paid the 25 million rupiahs ($1,774 or £1,370) owed.