All Tax articles – Page 4
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News
Sturbucks to pay $22m in UK corp tax
Starbucks will pay nearly $22m in UK corporation tax after a sharp rise in its taxable profit and turnover last year, The Times reports.
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Thwaites pre-tax profits up 19%
Thwaites, the Lancashire-based pub operator, has reported turnover from continuing operations up 4% to £84.4m for the year to 31 March 2017.
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Operators urged to support return of Tax Equality Day
Trade bodies have joined with JD Wetherspoon chairman Tim Martin to urge operators to back the return of Tax Equality Day.
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Health body admits sugar tax won’t reduce soft drinks sales
Public Health England has said there is no evidence that the sugar tax will reduce soft drink sales.
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Sugar tax opportunity for innovation in soft drinks
The sugar tax provides an opportunity to develop more innovative soft drinks as younger people opt to drink less alcohol and lead healthier lifestyles, CGA Peach research has found.
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Sugar tax could cut rates of childhood obesity by 10%
The planned sugar tax could cut obesity among young children by 10% and create “health by stealth”
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McDonald’s to move non-US tax base to UK
McDonald’s has announced that it is moving its non-US tax base from Luxembourg to Britain.
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Stax Diner team to open third US concept
The team behind US-influenced concepts Stax Diner and Boondocks is set to open a third venture in the capital in Camden
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Analysis & Insight
Tim Martin on VAT and tax equality
JD Wetherspoon founder Tim Martin continues his argument for tax equality and argues that industry campaigns that prioritise excise duty help supermarkets as well as pubs
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Fazenda grows pre-tax profits 140%, eyes new concept
City District Ltd, the company behind Brazilian rotisserie and steak house chain Fazenda has seen turnover rise 48% and pre-tax profits grow 140% in the year to 31 March.
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Calls for sugar tax to be dropped
Industry leaders have renewed calls for the government to abandon plans for a sugar tax
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Trade bodies express concern over sugar tax impact
Trade bodies have expressed concerns over the potential impact of the Government’s childhood obesity strategy on the eating and drinking out sector.
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Britain set to adopt a sugar tax
Britain is set to be among the first countries in the world to adopt a sugar tax
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Trade bodies urge soft drink tax rethink
Leading hospitality trade bodies have signed up to a campaign urging the Government to rethink the soft drinks tax.
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News
HMRC wins tax case in scheme used by GK
HMRC has defeated a tax avoidance scheme used by Greene King and marketed by EY (formerly Ernst & Young).
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Analysis & Insight
TPA calls for sugar tax to be abandoned
The TaxPayers’ Alliance (TPA) has renewed its calls for the Government to abandon the proposed sugar tax
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TGI Friday’s reports pre-tax loss for 2015
The parent company of TGI Friday’s UK arm recorded sales of £193.5m from its inception on 9 December 2014 to 27 December.
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Poll shows public support for sugar tax
A poll has shown that 60% of consumers are in favour of George Osborne’s sugar tax.
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AG Barr: Government has no idea how sugar tax will work
AG Barr cheif executive Roger White has told MCA the Government has no idea how it implement a sugar tax and stressed the industry was already responding to shifts in consumer attitudes.
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Budget reaction: Alcohol duty freeze; sugar tax; business rates relief
Operators and trade bodies have given their reaction to George Osborne’s Budget announcements including a freeze in alcohol duty and the introduction of a sugar tax.