UK Budget: Employer NI Rises and Minimum Wage Hike Announced by Chancellor Reeves
Chancellor Rachel Reeves has increased Employers' National Insurance contributions by 1.2%, raising £40bn in taxes and boosting long-term growth,...
corporation tax
Amazon UK Pays Corporation Tax After Ending Tax Break
Amazon's main UK division has paid corporation tax for the first time since 2020, reporting £18.7 million in "current...
550K SMEs Struggle with Tax Bills Amid Cost-of-Living Crisis
New research reveals that over 550,000 small and medium-sized businesses in the UK are currently struggling to pay their...
Greggs Reports 14.2% Profit Increase and Strong Cash Position
In the first half of 2023, bakery retailer Greggs saw a significant increase in profit and sales. Their underlying...
Amazon UK Tax Bill Rises to £781m Despite No Corporation Tax Paid for Second Year in a Row
In a recent report by The Guardian, Amazon has paid £781 million in taxes in the UK, despite its...
Retailers Mixed Reaction: Budget Support for Households, Criticism on Business Rates Reform Missed Opportunity
In the Spring Budget, the chancellor announced an increase in corporation tax and measures to support households amidst the...
UK Spring Budget: Corporation Tax Rises to 25%, Energy Price Guarantee Extended
In a bid to deliver "long-term, sustainable, healthy growth," Chancellor Jeremy Hunt announces corporation tax will rise from 19%...
UK Chancellor Announces Tax Cuts and Energy Support Package in Mini-Budget
Chancellor Kwasi Kwarteng unveiled a £60bn energy support package and tax cuts in his first mini-budget today, aiming for...
UK Chancellor Eyes Corporation Tax Hike in March Budget Amidst Business Backlash
Chancellor Rishi Sunak is considering raising corporation tax in the upcoming March budget to help pay off the UK's...
Dominic Chappell Jailed for Tax Evasion in BHS Acquisition Scandal
Former BHS owner Dominic Chappell jailed for six years over tax evasion: Dominic Chappell, who bought the now-defunct department...