Press Releases
Levelling Up Secretary hails region's 'visionary local leaders' as West Midlands Deeper Devolution Deal confirmed at Warwick
The Levelling Up Secretary and West Midlands Mayor Andy Street have signed a landmark deeper devolution deal for the region at the University of Warwick today, marking a seismic shift in power, funding and responsibility from Whitehall to the West Midlands.
More than one in five top earning bankers has benefited from non-dom status, finds new report.
The study, by researchers from the London School of Economics and the University of Warwick, analysed the anonymised personal tax returns of everyone who claimed ‘non-dom’ status between 1997 and 2018. Non-doms are individuals who are resident in the UK, but who claim on their tax return that their permanent home (‘domicile’) is abroad.
Reforming UK tax so that richest pay their ‘fair share’ could raise £11 billion to help rebuild post-Covid-19 public finances, says new report.
Around £11 billion a year could be raised from an Alternative Minimum Tax rate based on the total amount of income and capital gains that a person reports before applying any deductions or reliefs, according to new research which has gained unprecedented access to the tax records of the UK’s richest individuals.