Facebook pays no UK corporation tax, despite $1.5bn net profit in the US

Facebook paid no UK corporation tax for ... to bring an end to offshore tax avoidance, recently saying: "Some technology companies go to extraordinary lengths to pay little or no tax here." EA gives ... Read More

Facebook UK 'paid no corporation tax in 2012'

Facebook paid no corporation tax in the UK last year despite raking in £223 million in advertising revenue, according to a report. The social network's UK arm made a pre-tax loss of £2.4 million ... Read More

UK tax: ‘HMRC harassed me for money I had paid weeks earlier’

Simon Hattenstone was sent letters demanding tax he didn’t owe. Then he found other people were in the same situation The letter, dated 18 January 2024, came from a company called Advantis. Read More

UK tax brackets 2024/25: rates and personal allowances

We are a team of writers, experimenters and researchers providing you with the best advice with zero bias or partiality. The saying goes that nothing in life is certain except death and taxes. But ... Read More

UK Corporation Tax rate will increase from 19% to 25%; investments deductable

Corporation Tax, paid on UK company profits, will rise next month, chancellor Jeremy Hunt has confirmed to Parliament. It will go up from 19% to 25% for companies with over £250,000 in profits, Mr. Read More

Who Pays Corporate Taxes? Look in the Mirror

Wonder Land: From California to New York, the people who pay taxes and fees are pushing back, taking inspiration from a 1978 tax revolt called Proposition 13. Images: AP/Getty Images Composite ... Read More

4 Ways Retirees Pay Too Much in Taxes

If you're fortunate enough to make it to retirement, count yourself among the lucky. If you're savvy enough to save and invest for retirement, count yourself among the wise. And if you plan for ... Read More

UK Corporate Law

1. The Evolution of the UK company. This session will address the evolution of the corporate form from the mid-19th century, and outline the partnership based conception of UK company. It will ... Read More

4 Benefits of Filing Taxes Early

Filing your tax return early could mean a potentially larger refund and less chance of becoming a victim of tax fraud. You'll need all your tax forms to file your return, and some investment and ... Read More

How much tax do the rich really pay?

Tax has long been a contentious political issue. But with COVID-19 wreaking huge economic damage, at some point tax rises might become inevitable. While those on higher incomes might already feel they ... Read More

Best Tax Software For Small Business Of May 2024

Kemberley Washington is a tax journalist and provides consumer-friendly tax tips for individuals and businesses. Her work goes beyond tax articles. She has been instrumental in tax product reviews ... Read More

Who Pays Corporate Taxes? Look in the Mirror

The lowest income quintile saw its average real income rise by 9.4% in 2019, the year after the tax cut took effect. The second quintile (7.4%), middle quintile (6.9%) and fourth quintile (7.8% ... Read More