News Roundup Thursday 16th August NEWS ROUNDUP TAX NEWS Tax incentives benefit few Aim firms Paul Kavanagh, chief executive of Patronus Partners, says the London Stock Exchange’s Alternative Investment Market has benefited significantly from tax incentives, particularly through enterprise investment schemes, venture capital trusts and inheritance tax planning to bring in capital. However, he adds […]

News Roundup Wednesday 15th August 2018 NEWS ROUNDUP TAX NEWS Finance firms pay £14bn in tax Finance firms paid a record £14.6bn in corporation tax last year, according to Moore Stephens. The tax payment was 24% higher than in the previous financial year , suggesting that industry profits have continued to grow despite fears of […]

News Roundup Monday 13th August 2018 NEWS ROUNDUP TAX NEWS Hammond considers ‘Amazon tax’ for online retailers Philip Hammond is considering introducing a so-called “Amazon tax” that would impose charges on online retailers in an attempt to save Britain’s struggling high street. He revealed the plans on the day that House of Fraser became the […]