Monthly Archives: October 2014

Business First Approach to Keeping Tax Simple

Lord Sugar, Alan Sugar of Amstrad and other business ventures, in an Irish press article gives a very sensible approach to staying away from the dubious tax avoidance schemes that are peddled about. These have caught out celebrities and many … Continue reading

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HMRC Double Standards over Low Tax Amazon

Reports of an EU probe into Luxembourg’s tax subsidy for Amazon selling books across the EU, including in the UK. It’s said under a special agreement with Luxembourg Amazon only paid 1% of its European income to Luxembourg. The benefit … Continue reading

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Tax and £12 Billion Spent on Drugs and Prostitution

The Office for National Statistics (ONS) has included the amount spent on illegal drugs and prostitution in economic data. It estimated for 2013 that illegal drugs had a turnover of £6.6 billion and prostitution some £5.7 billion. The new data … Continue reading

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Tax vs. Spend at Party Conference Season

The political party conference season has been disappointing on tax policy, with the usual tax vs. spend promises and threats. Each of the main parties tries to bribe its own core supporters with lower taxes and/or more public spending, at the … Continue reading

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