Chancellor of the Exchequer George Osborne delivered his eight Budget today, with some of the main points outlined as such: Business - The headline rate of corporation tax, which is currently at 20%, will fall to 17% by 2020 - ...
Tags: George Osborne, Budget, Chancellor
Bewildering tax structures begone; Facebook is finally going straight in the UK. Facebook has agreed to pay “millions of pounds more in tax” in the UK, according to a new report. The social network giant is said to be ...
When Tim Cook called accusations that Apple dodges taxes in some countries “total political crap” it's fair to say a few eyebrows were raised in some nations around the world. Despite funneling its European profits through ...
George Osborne has delivered his sixth Budget, and the last of the current Parliament. The key points are as follows: Economy The UK grew 2.6% in 2014, faster than any other advanced economy but lower than 3% predicted in December ...
Tags: George Osborne, Sixth Budget
Small distillers from across the UK are supporting the 'Drop the Duty!' campaign, which calls for a reduced duty on alcohol in order to facilitate the growth of the industry. This campaign is run by Scotch Whisky Association (SWA) Wine and ...
Tags: Whisky, alcohol duty, Agriculture
This year's Budget is a good one for manufacturers. Together with other leading trade associations, we argued the case for reducing the rising cost of energy and the Chancellor has responded with a £7bn support package. We have also ...
Tags: Office Supplies
Despite this, intellectual property rights can still be confusing to many in this field and often get overlooked. However, intellectual property can generate a significant commercial advantage for a company if effectively managed, without ...
Tags: Intellectual Property, Service
Since 2010 the government began reducing corporation tax in stages, falling from 28% to 23%. This will be cut to 21% from April 2014 and will reach 20% in 2015. The small profits rate has also been cut to 20%. While the government ...
Associated British Foods plc issued updates prior to entering the close period for its full year results, 52 weeks to 14 September 2013, which are scheduled to be announced on 5 November 2013. The group’s adjusted operating profit ...
Tags: Primark, Apparel Stores
Vodafone and HSBC have decided to extend their 20-year telecommunications partnership by another two years. The multi-million pound deal will see Vodafone continue to manage the mobile communications of over 21,000 HSBC employees until ...
Tags: Computer Products, Electrical, Electronics
Coffee giant Starbucks has refused to comment on plans to tackle tax avoidance agreed by G8 leaders in Northern Ireland yesterday (June 18). Many have found Starbucks' UK tax strategy hard to swallow A spokeswoman for the firm ...
Tags: Tax avoidance, Archbishop of York, Starbucks, G8 Summit
Mobile telecoms firm Vodafone paid no UK corporation tax for a second year running, despite its revenues exceeding £5bn in Britain. Vodafone, which owns and operates networks in over 30 countries, claimed that its investment in ...
Tags: Computer Products, Mobile telecoms
US internet retailer Amazon is opening a central London office, bringing 1,600 jobs to the capital. Amazon will move several hundred existing employees from the company's current offices in Slough to the new 12-storey, 210,000 sq ft ...
Tags: UK, Amazon, Computer Products
GOOGLE boss Eric Schmidt has insisted his company is trying to do the "right thing" as it faces criticism in Britain over the amount of tax it pays, saying it is for countries, not companies, to decide tax policies. Schmidt was ...
Apple CEO Tim Cook has defended his company against charges of aggressive tax avoidance in a hearing in front of a Congressional committee in the US Senate. In a report, the Senate Permanent Subcommittee on Investigations claimed that ...
Tags: Computer Products, Apple