Industry News
France Leads EU Push For Bank Tax
06 April, 2010
The French Finance Ministry announced both France & Germany will support a 'systemic risk tax' within the EU.
New legislation on EBTs and offshore schemes
29 March, 2010
While the Budget may have contained some surprises for contractors, the Government has announced its intention of introducing new legislation to clamp down on EBTs (Employee Benefit Trusts) and other tax efficient schemes as from April 2011.
HMRC to inspect dividend timing
16 March, 2010
As from 6th April, in order to avoid the tax of 50p in the £1, Limited Companies need to have the right paperwork available if they are planning on bringing forward dividend payments.
Monster Employment Index shows a recovery in job market
09 March, 2010
The Monster Employment Index has shown the highest level of online job openings since the end of 2008. In February the Index rose by 12%; this for the same period last year, is up by 6%.
Internet betting operation Ladbrokes moves offshore
07 August, 2009
Ladbrokes has now joined William Hill and will move its internet betting operation to Gibraltar by the end of the year.
Betting firms break a gentleman’s agreement and head offshore
04 August, 2009
In a recent report it was stated that the 2001 'gentleman's agreement' had been broken with William Hill's confirmation that it was relocating its internet sports betting operation to Gibraltar.
Shire to quit for Ireland due to Uk tax burden
15 April, 2009
Shire, one of the world's leading specialty biopharmaceutical companies, is the first FTSE 100 company to leave the UK for tax reasons.
Yahoo moves to Switzerland to reduce taxes
14 March, 2009
Yahoo has become the most recent of the multinational companies that are moving its business to countries with lower corporation taxes.
WPP considers a move to save on UK tax
29 April, 2008
WPP, a world leader in advertising and marketing services, has considered moving offshore to break away from the UK’s expensive and complex tax system.
UBM moves tax base offshore
28 April, 2008
United Business Media Limited, a leading global business media company, has planned to move its tax base offshore, due to the UK's increasingly burdensome and complicated tax system.
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