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July 2, 2026

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tax

HMRC fined 184,000 low earners for not filing return despite no tax owing

Penalties relate to people paid less than the UK personal allowance in 2020-21 tax year, prompting calls for reformMore than 180,000 people on low incomes were fined for not filing a tax return last year, even though they received so little that they h…

June 26, 2023
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Australia’s shadow economy leeches $12.4bn from tax revenue amid Treasury’s failure to crack down

Auditor general’s report says bid to tackle cash-in-hand work and tax avoidance measures haven’t workedGet our morning and afternoon news emails, free app or daily news podcastTreasury has failed to effectively tackle the shadow economy, which leeches …

June 19, 2023
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Australia’s leading super funds halt future contracts with PwC amid tax scandal fallout

AustralianSuper, Australian Retirement Trust, Hesta and Aware Super say they won’t enter into new contracts with the firmGet our morning and afternoon news emails, free app or daily news podcastAustralia’s biggest superannuation funds have either froze…

June 9, 2023
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Senate hears details of PwC attempts to deflect investigations into tax leak scandal

Inquiry told of consultancy’s use of tens of thousands of claims of client privilege to avoid scrutiny Follow our Australia news live blog for the latest updatesGet our morning and afternoon news emails, free app or daily news podcastDetails of the len…

June 7, 2023
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PwC Australia names former partners it says misused confidential information in tax scandal

Senator Deborah O’Neill has accused the firm of using the ‘cloak of the Senate’, and said names of those involved should be released publiclyGet our morning and afternoon news emails, free app or daily news podcastPricewaterhouseCoopers Australia has d…

June 5, 2023
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Victorian private schools ‘fear mongering’ over job losses after tax exemptions axed, experts say

About 110 of the state’s top high-fee paying private schools will be required to pay tax on staff salaries, raising more than $420m over three yearsGet our morning and afternoon news emails, free app or daily news podcastFears that stripping “high-fee”…

May 30, 2023
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Treasury referred PwC to AFP after ‘clearly disturbing’ emails revealed, Senate hears

Senator Barbara Pocock has requested PwC release the names of partners understood to be involved, saying she is ‘confident they will reach the public’Get our morning and afternoon news emails, free app or daily news podcastPwC emails referring to tax p…

May 30, 2023
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Greens accuse Labor of ‘sweetheart deal for Woodside’ in petroleum resource rent tax changes

Gas company has argued ‘we pay our way’, noting that it contributes billions in tax and royaltiesGet our morning and afternoon news emails, free app or daily news podcastThe Greens have accused the government of carving out a “sweetheart deal” for Wood…

May 29, 2023
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PwC tax scandal: staff stood down over concerns problem ‘significantly broader’ than one partner

Former NSW police commissioner and now PwC partner Mick Fuller contacted his friend the AFP commissioner after scandal broke, Senate estimates toldGet our morning and afternoon news emails, free app or daily news podcastPwC has agreed to a federal gove…

May 25, 2023
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PwC scandal: company stands down employees involved in alleged misuse of tax information

Officials confirmed at Senate estimates the AFP has contracts with PwC acting as its internal auditor, raising potential conflict of interestFollow our Australia news live blog for the latest updatesGet our morning and afternoon news emails, free app o…

May 25, 2023
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  • Sources: the White House is in advanced talks with AI companies on voluntary standards and release timelines for new models to be announced as soon as next week (George Hammond/Financial Times) July 2, 2026
  • Taylor Swift and Travis Kelce will celebrate their wedding at Madison Square Garden, AP source says July 2, 2026
  • Bombed Ukrainian oligarch could expose Kiev’s corruption – former French spy July 2, 2026
  • Bending Spoons, which owns Vimeo and AOL, closed up 40% in its US market debut on Wednesday at a $25.7B valuation, after raising $1.68B in its IPO (Bloomberg) July 2, 2026
  • Retrofitted Qatari jet takes flight as Air Force One for Trump’s trip to North Dakota July 2, 2026
  • Senegal squander two-goal lead as Tielemans steals the show for Belgium July 2, 2026

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