Commercial landlord CLS fails to keep up with pandemic pre-tax profit March 16, 2022 Office space and commercial landlord CLS had its pre-tax profit dwindle over the past year, as it slipped below pandemic earnings. The London-listed group, which has a portfolio worth around £2.3bn, had its profit before tax dip more than five per cent to £91.5m in the year to 31 December. The group, operating across UK, [...]
Nearly 2m more Brits trapped by higher tax rates since 2019 Tory election win June 30, 2022 Boris Johnson has heaped higher tax rates on nearly 2m more Brits since he won the 2019 general election, reveal official figures published today. The number of people paying the higher rate of income tax has swelled to 6.14m, up around 1.88m since Johnson led the Conservatives to a huge majority two and a half [...]
Brexit: Truss drops plan for Northern Ireland tax cut after Sunak opposition April 10, 2022 Liz Truss’ plan to give a post-Brexit tax break to Northern Ireland to entice hundreds of companies to return has been blocked by chancellor Rishi Sunak. The foreign secretary wrote to Boris Johnson last month to call for a series of measures to boost trade between Northern Ireland and Great Britain, including tax breaks and [...]
Planning reforms are good news – but there is more Labour could do September 3, 2024 Rumours are running amok about which taxes Labour might hike in the Budget and what impact those policies might have on growth.
Caffyns: Car dealer hit by plummeting value of second-hand vehicles June 7, 2024 Car dealers Caffyns has seen its pre-tax profit slashed after the value of second-hand vehicles fell significantly.
Want fairness? Beware the opportunistic calls for a windfall tax on energy giants February 10, 2022 Both the Labour and the Lib Dems have proposed a “one-off” windfall tax on the profits of UK oil and gas companies to help families struggling with their energy bills. Surely it’s only fair that giants like BP and Shell, making bumper profits, should be asked to pay a little more? Not quite. For a [...]
Private school VAT furore shows just how much help our state schools need June 27, 2024 VAT on private schools has been slated as a "tax on aspiration" - but why don't we focus on making state education aspirational?
Matalan takes huge step towards the black despite sales dip June 25, 2024 Matalan's pre-tax loss was slashed during its latest financial year despite its sale dipping, according to new figures.
Shell goes tax free in the North Sea after £100m government refund April 6, 2022 Energy giant Shell paid no tax on its oil and gas production last year even as the global energy crunch saw it profits soar to more than $19bn.
Next: High street champion trades ahead of expectations again March 21, 2024 Next has traded ahead of expectations again, reporting record pre-tax profit of £918m during the full year.