Tag: tax
UK imposes pay-per-mile EV tax, Chinese brands fight back
The UK Government will start charging electric vehicle (EV) owners per mile starting in April 2028. The new tax is meant to plug a massive financial gap that will be […]
7 TikTok tax myths that experts warn against believing
Tax return anxiety is very real and with over 12.5K TikTok posts offering advice, it’s clear many individuals and businesses are turning to unverified content for guidance. But for businesses, the stakes […]
7 Top Tips to Save Money on your Tax Return
As the deadline to submit tax returns online and pay outstanding bills from HMRC fast approaches, the financial pressures of the cost of living crisis make it even more important […]
Facebook paid £28.5m tax in UK from £1.65bn revenue
Facebook paid just £28.5 million in UK tax last year despite reporting growing revenue of £1.65 billion from advertising sales. The tech giant’s latest UK accounts reveal that pre-tax profits […]
Global plan to overhaul tax of digital businesses
A global economic body has proposed overhauling the way multinationals, particularly tech giants, are taxed to make sure they pay their fair share in countries where they do significant business. […]
Corbyn attacks Amazon over tax payments on 25th Birthday
Jeremy Corbyn has used the 25th anniversary of Amazon’s launch to accuse the company of not paying its fair share of taxes. The Labour leader has written a card to […]
12 ways to reduce your business’ tax bills this Christmas?
You may be decking your office with boughs of holly but are you making the most of some Christmas tax reliefs or ways to leverage your money this Christmas? […]
Apple paid no corporation tax in the UK in 2012
Apple did not pay a single penny in corporation tax in the UK last year, according to the latest financial filings in the country. Already courting controversy in their native US for similar reasons, the Cupertino company's British subsidiaries Apple…
Facebook accused of megabucks UK tax-dodge
How do you become the world's biggest social network? By dodging your tax dues, that's how. That's the accusation levelled at Facebook today, after it was revealed it had paid just £238,000 in corporation tax in the UK, despite pocketing…
UK budget hits games industry hard, includes VAT rise
The coalition Government have announced the details of their "Emergency" budget, and it makes for grim news for anyone in the UK games industry. The planned tax relief for games companies has been scrapped by chancellor George Osbourne, which…
