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77% (£126m of £175m) of HMRC’s total take from a tax on high value homes held through a company is collected from properties in Westminster and Kensington and Chelsea, our research shows.
Peter Kubik says: “There will be a huge knock-on effect amongst smaller firms, especially as many creditors can expect to receive less than 1p for every £1 they are owed by Carillion.”
Some larger businesses have admitted that they are taking up to 113 days to pay some of their suppliers. Big businesses must report twice a year on how quickly they pay their suppliers.
Research and development tax relief is an incentive from the government to encourage companies to invest in research and development activities. There is a common misconception that these incentives are aimed only at the technology sector, however, that is certainly not the case. This document outlines how research and development tax relief is more widely available than most companies realise.
This year’s Outlook hones in on the FCA’s view of the sector, continues to analyse the levels of transaction activity for retailers, and sheds some light on the impending impact of GDPR for both manufacturers and retailers alike.
Christa Ackroyd, who presented BBC’s Look North programme in Yorkshire from 2001 to 2013, has lost a hearing at the First Tier Tax Tribunal (FTT) regarding her engagement with the BBC through her personal service company, Christa Ackroyd Media Limited (CAM).