HMRC

Can VAT help save the High Street?

There are growing calls for an ‘online sales tax’ (OST) to redress the balance between physical and digital retailing but…

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HMRC proposal to access taxpayers’ bank accounts in secret ‘condemned’

An HMRC proposal that would have allowed secret access to taxpayers’ bank accounts has been condemned as an “unreasonable invasion…

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Home Bargains ‘underpaid staff £272k’

Discount retailer TJ Morris Limited, trading as Home Bargains, has failed to pay the national minimum wage to its staff…

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FRC launches investigation into KPMG’s last Conviviality audit

The Financial Reporting Council (FRC) has launched an investigation into the most recent audit by KPMG of the financial statements…

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Over 10,000 stores predicted to close in 2018, analysts say

A new report from the Centre for Retail Research (CRR) has predicted that 2018 will be the worst year on…

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Named and shamed: Underpaid retail staff among 200,000 to receive £15.6m back pay

HMRC has identified £15.6m in pay owed to more than 200,000 of the UK’s lowest paid workers, following an investigation…

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Conviviality administration announcement puts 2500 jobs in danger

Bargain Booze owner Conviviality has announced plans to file for administration within the next two weeks, after failing to secure…

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Conviviality launches £125m fundraising bid to avert bankruptcy

Conviviality has announced it urgently needs to raise £125m to avert bankruptcy as it issued its third profit warning in…

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Conviviality CEO resigns amid £30m tax bombshell

Conviviality has announced its CEO Diana Hunter has stepped down with immediate effect as its struggles stay afloat following the…

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Conviviality surprise £30m tax bill prompts business review

Off-licence retailer Conviviality has announced it is reviewing the business while holding “constructive” negotiations with lenders, as part of the…

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