Tag Archives: taxes

EU Offered a Poisoned Olive Branch to Apple

The European Commission held out a poisoned olive branch to Apple and Ireland. The EC investigation says the special sweetheart deal Ireland gave Apple allowed it to book an EU-wide tax rate of just 1$ to 0.005% and is demanding … Continue reading

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UK Imports and Exports

HMRC has published the latest UK trade statistics, for October 2016. Two direct quotes speak volumes: “For many years Germany has been our largest trading import partner by value. The USA has been the dominant trading partner for exports for … Continue reading

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EU Finally Signs CETA Agreement with Canada

The EU has finally signed off the CETA, Comprehensive Economic and Trade Agreement, with Canada. More than just a free trade deal on tariffs and taxes. It is more about deregulation, especially for larger corporations, including the power using their … Continue reading

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Borders, Taxes and Irexit post Brexit ?

Blithely carrying on as if Brexit never happened the European Commission is putting more pressure on Ireland over borders and taxes. This could just stoke calls for Irexit, an Irish exit out of the EU. The UK and Ireland have … Continue reading

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Canada and Ukraine Sign Free Trade Agreement

Canada and the Ukraine this month signed a free trade agreement. Under the deal Canada has abolished tariffs, taxes, on about 99% of Ukrainian goods, while Ukraine has got rid of tariffs on 86% of Canadian goods right away, with … Continue reading

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Spin on 1% City Law Firms Tax to Pay for Two-Tier Justice System

• Media reports that the Justice Secretary, Michael Gove, is floating the idea of a 1% turnover tax on top City law firms to help pay for the courts system. This is hoped might replace the newly introduced charge on … Continue reading

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Headline Taxes vs. Stealth Taxes

Figures from HMRC show that for the 10 years 2004-15 to 2014-15 while headline PAYE income tax receipts went up from £108.7bil to £138.9 bil there was a much bigger rise in less obvious, one-off or stealth taxes. National insurance … Continue reading

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