Taxation

High street retailers ‘urgently’ need government recovery plan, says Usdaw

Shopworkers union Usdaw has urged the government to agree with employers and trade unions a recovery plan for the high…

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HSBC to cut 35,000 jobs, new chancellor sticks to schedule, Bezos creates $10bn ‘Earth fund’

HSBC has announced plans to cut 35,000 jobs over the next three years after a dire set of financial results.…

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Intu continues disposals by offloading Spanish shopping centre

Shopping centre owner Intu has offloaded its  second Spanish shopping centre as it attempts to fix its balance sheet. The…

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Clintons saved from administration

Clintons has been saved from administration after the Weiss family regained control of the business through a new entity. Will…

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Treasury Committee urges MPs to reform ‘broken’ business rates

The government has been urged to fix the “broken” business rates system as it is continuing to affect high street…

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Reimagining the retail bridge between online and offline shopping

The rise of retail giants like Amazon is a widely documented trend with many digital, built-in-the-cloud market entrants having overtaken…

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Digital Services Tax extended to include 2% ‘Amazon tax’

High streets government minister, Jake Berry, has promised to extend the Digital Services Tax to include a “2% tax on…

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Online retail tax could be unlawful under EU rules, Treasury warns

The government has said taxing online giants, like Amazon, through a sales tax could be illegal under EU rules. Under…

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Mothercare revenues down 13% in half-year results

Mothercare’s half year results for the 28 week period to 6 October 2018 saw revenues drop by 13% to £295m.…

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Digital taxation, and what it means for small retailers

The chancellor’s Budget announcements will have certainly set a few pulses racing in the independent retail sector, for several reasons.…

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