Tag: Fiscal year

AIBusinessTechnology

Microsoft CEO Compensation Reaches $96.5 Million Amid AI-Driven Growth

Microsoft CEO Satya Nadella received $96.5 million in total compensation for fiscal 2025, representing a 480:1 ratio compared to the median employee. The software giant’s leadership compensation comes amid record financial performance and significant AI-driven growth across multiple business segments.

Executive Compensation Soars at Microsoft

Microsoft CEO Satya Nadella received total compensation of $96.5 million for the company’s fiscal 2025 year, according to reports filed with shareholders. This represents an approximately 22% increase compared to the previous year and highlights the growing pay disparity between corporate leadership and average employees at major technology firms.

by Chloe Danner
BusinessEconomyTechnology

UK Public Borrowing Surges Beyond Forecasts, Pressuring Chancellor’s Fiscal Plans

UK public sector borrowing has reached its highest level since the COVID-19 pandemic during the first half of the tax year. The £99.8 billion figure exceeds official forecasts by £7.2 billion, creating significant challenges for the Chancellor’s fiscal rules.

UK Fiscal Position Worsens as Borrowing Exceeds Forecasts

Government borrowing in the United Kingdom has reportedly reached its highest level since the COVID-19 pandemic during the first half of the current tax year, creating significant pressure on Chancellor Rachel Reeves’s fiscal headroom. According to the Office for National Statistics, public sector net borrowing totaled £99.8 billion between April and September, representing a substantial increase of £11.5 billion compared to the same period in the previous year.

by Emma Langford
CryptoPolicy

UK Tax Authority Intensifies Crypto Capital Gains Enforcement Campaign

The UK tax authority has significantly escalated its pursuit of unpaid taxes on cryptocurrency gains, according to recently released data. HMRC reportedly sent 65,000 warning letters to crypto investors in the 2024-25 tax year, more than doubling the previous year’s enforcement activity as regulatory scrutiny intensifies.

HMRC Ramps Up Crypto Tax Compliance Efforts

The UK tax authority has dramatically intensified its campaign to recover unpaid taxes on cryptocurrency investments, according to reports. HM Revenue and Customs reportedly sent 65,000 warning letters to individuals suspected of owing capital gains tax on their digital asset holdings during the 2024-25 tax year, more than double the 27,700 letters sent the previous year.

by Ava Winslow