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- a charge levied by a government on individuals and companies to pay for public services. The amount of money required from a person or organization...
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- Enterprise Inns Profit Falls
- By Mark Potter LONDON (Reuters UK) - Enterprise Inns (ETI), the country's second-biggest pubs group, posted an 11 percent fall in first-half profit, in line with expectations, and said trading was likely to stay tough as consumers rein in spending. The firm also said on Tuesday...
- News items 2008-05-13
- Darling to Borrow 2.7 Billion For tax Cuts
- LONDON (Reuters UK) - The government on Tuesday raised the basic income tax free allowance for this fiscal year at a cost of 2.7 billion pounds as it tried to end a furore over the abolition of a tax rate that helped low earners. The changes...
- News items 2008-05-13
- Government Cuts Income taxes
- By Sumeet Desai and David Clarke LONDON (Reuters UK) - The embattled government trimmed income taxes for 22 million people on Tuesday, as soaring food and fuel bills sent inflation rocketing and dented hopes for more interest rate cuts soon. Higher household bills are creating a...
- News items 2008-05-13
- Government Faces Pension-fund Challenge
- LONDON (Reuters UK) - The government faces a legal challenge over tax on pension funds, which if successful, could see hundreds of million of pounds returned to occupational pension schemes, a pension lobby group said on Monday. The Wheels Common Investment Fund, an 8 billion pound...
- News items 2008-05-12
- Consumers Mark tax Rebates For Bills and Savings
- By Nick Carey GIBSON CITY, Illinois (Reuters) - The first batch of taxpayers has already started to receive their federal tax rebates as part of the economic stimulus package, but very few consumers interviewed by Reuters in the past week said they ...
- News items 2008-05-07
- Russia's TNK-BP Wins tax Refund Case
- MOSCOW (Reuters UK) - A Moscow arbitration court on Tuesday upheld a lower court ruling to refund BP's (BP) Russian venture, TNK-BP, 9.7 billion roubles (207.4 million pounds) it paid as value added tax in 2006, the firm said on Tuesday. The victory comes as Russia's...
- News items 2008-05-06
- Government Seen Risking Business Exodus Over tax
- LONDON (Reuters UK) - Some of the biggest names in British business have told the government that it risks a corporate exodus if it presses ahead with tax proposals on foreign earnings, newspapers said on Sunday. The Sunday Times and Sunday Telegraph said a delegation ...
- News items 2008-05-04
- Sun Micro Results Miss, Cites U.S. Economy
- SAN FRANCISCO (Reuters) - Sun Microsystems Inc (JAVA) posted on Thursday an unexpected quarterly net loss and decline in revenue, saying the U.S. economy presented it with significant challenges, sending its shares down 12 percent. The world's fourth-largest business computer maker reported ...
- News items 2008-05-01
- Wal-Mart to Cash tax Rebate Checks For Free
- By Nicole Maestri NEW YORK (Reuters) - Wal-Mart Stores Inc (WMT) on Tuesday unveiled its plans to entice U.S. shoppers to spend their tax rebates in its discount stores, offering to cash the checks for free and saying it has cut prices on...
- News items 2008-04-29
- Millionaires' Appetite For Stocks Rising: Study
- By Jennifer Ablan NEW YORK (Reuters) - Millionaires view the U.S. economy as "very weak," but sense a resumption of growth in early 2009 and expect to buy stocks and real-estate in the latest indication that a recovery may be imminent, according to...
- News items 2008-04-29
- UBM Moves tax Base to Ireland in Latest Snub to UK
- LONDON (Reuters UK) - Publisher and events organiser United Business Media has become the second large British company in a month to announce plans to move its tax base to Ireland to benefit from the country's less complex system. UBM (UBM) said in a statement on...
- News items 2008-04-28
- UBM Mulling tax Move to Ireland: Report
- DUBLIN (Reuters UK) - Publisher and events organiser United Business Media Plc (UBM) is considering moving its tax base to Ireland from Britain, Ireland's Sunday Business Post reported. UBM (UBM) was not immediately available for comment. The report, which cited informed sources, said UBM could also...
- News items 2008-04-27
- Honda Tumbles on tax Woes
- By Chang-Ran Kim, Asia auto correspondent TOKYO (Reuters) - An unexpected tax bill sent Honda Motor Co's quarterly profit tumbling 86 percent, and Japan's No.2 carmaker warned of a weak year ahead due to a stronger yen, rising materials costs and a soft...
- News items 2008-04-25
- Honda Accused of Not Stating $1.3 Billion Income: Report
- TOKYO (Reuters) - Japan's tax bureau has accused Honda Motor Co Ltd of failing to report a total of about 140 billion yen ($1.3 billion) in domestic income over two years to March 2006, the Nikkei business daily said on Friday, quoting sources...
- News items 2008-04-24
- Survey Says No Sign UK Buy-to-let Investors Selling Up
- LONDON (Reuters UK) - Rising rental yields mean buy-to-let investors are not taking advantage of recent tax changes to flee the market, a survey by the Royal Institute of Chartered Surveyors showed on Wednesday. The survey conducted over the past two weeks showed only two...
- News items 2008-04-23
- Samsung Chief to Step Down; Sorry For tax Scandal
- By Jon Herskovitz SEOUL (Reuters) - South Korea's most powerful businessman on Tuesday announced he would step down as head of the giant Samsung Group following his indictment last week for tax evasion and breach of trust. In a shock announcement, Lee Kun-hee,...
- News items 2008-04-21
- Samsung Group Leader Lee to Step Down
- SEOUL (Reuters UK) - Samsung Group head Lee Kun-hee, indicted last week for tax evasion and breach of trust, said on Tuesday he was quitting his post at South Korea's largest conglomerate. "I will step down from the Samsung chairman position today. I am saddened as...
- News items 2008-04-21
- Samsung Boss Indicted For tax Evasion
- By Jon Herskovitz and Rhee So-eui SEOUL (Reuters) - Samsung Group Chairman Lee Kun-hee was indicted on charges of tax evasion and breach of trust on Thursday, but was cleared of a more serious bribery charge after a probe into South Korea's biggest...
- News items 2008-04-17
- Samsung Boss Indicted For tax Evasion
- By Jon Herskovitz and Rhee So-eui SEOUL (Reuters UK) - Samsung Group Chairman Lee Kun-hee was indicted on charges of tax evasion and breach of trust on Thursday, but was cleared of a more serious bribery charge after a probe into South Korea's biggest business group....
- News items 2008-04-17
- Shire's tax Move to Ireland to Put Heat on UK Government
- By Jonathan Saul LONDON (Reuters UK) - Drugmaker Shire's move to become tax-resident in Ireland is unlikely to trigger an exodus by multinationals to other domiciles, but will put pressure on the government to keep Britain business-friendly. Shire's board this week said it planned to move...
- News items 2008-04-16
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