Tag tax


Taxation – Quote of the Week

Taxation – Quote of the Week

“President Herbert Hoover returned his salary to government. His idea caught on and now we’re all doing it.” – Sam Ewing, US author. This quote is fairly tongue-in-cheek but at its heart there is an undeniable truth that the rewards of working have been somewhat diminished by over zealous taxation. Not only will your business…

Most companies left alone in corporate tax review

Most companies left alone in corporate tax review

Finance Directors and their advisers will be relieved that Chancellor Osborne left corporation tax rates unchanged in his Autumn Statement. Instead, the main emphasis was on measures to increase the overall tax take with the help of measures designed to cut down blatant tax avoidance. The only sectors to see any positive improvements to their…

Infographic: Risk Priority

Infographic: Risk Priority

New data released today as part of the third Lloyds’s Risk Index reveals that businesses see high taxation as their greatest threat. This has shot up from 13th in the list two years ago to claim the top spot. Higher taxes replaced loss of customers as the biggest risk, which has now slipped to second…

UK: Tax Evasion at Five-Year Low

UK: Tax Evasion at Five-Year Low

Perhaps you will be surprised by this news item – tax evasion in the UK is now at the lowest level in five years. Despite tax evasion being a constant ‘go to’ topic for the news channels, the worst is apparently already behind us in terms of companies trying to pull one over on the…

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