All Tax articles – Page 6
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News
New tax rule could change landscape for new pub funding
The introduction of the Risk-to-Capital rule could disrupt the future funding landscape for both new and growing pub businesses, a serial sector investor has warned.
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NewsTRG pre-tax profits fell 26.4% in 2017
The Restaurant Group saw adjusted pre-tax profits fall 26.4% to £56.7m over what it described as a “transitional” year in 2017
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AG Barr says 99% of portfolio will be under sugar tax limit
AG Barr, the soft drinks and mixers producer, has updated the market this morning, saying it expects revenue for the 52 weeks to 27 January to be up 7.5% to £277m.
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Sugar tax may boost lager sales
Researchers have found that lager sales increase when the price of sugary drinks goes up
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NewsSugar reduction is key trend for 2018
The impact of healthy eating trends coupled with the upcoming tax on sugary drinks next year, is prompting businesses to consider how they can reduce the sugar content in their food and drink. Speaking at last week’s MCA Marketing Conference, Kelly Healing, senior manager – leisure, Coca-Cola European Partners, said ...
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Nando's records pre-tax loss of £13m
Nando’s Group Holdings has reported revenue up 13.9% to £847.9m, driven by organic growth in key markets – but a pre-tax loss of £13m, due to increase in capex.
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NewsChancellor expected to rule out tax on coffee cups
MCA understands that takeaway coffee cups are unlikely to be included in the crackdown on takeaway packaging expected in today’s Budget.
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TaxPayers Alliance report supports beer duty cut
A report by the TaxPayers’ Alliance has concluded that beer duty increases reduce the incentive for breweries to invest.
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Menezes urges Hammond to increase tax on alcohol imports
Diageo chief executive Ivan Menezes has urged chancellor Philip Hammond to increase taxes on alcohol imported into the UK, to ease the burden on homegrown products, according to reports.
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NewsMPs debate tax burden on pubs
MPs from all political parties spoke out in support of fairer tax treatment for the beer and pub industry in a Parliamentary debate this week.
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NewsParliament to debate beer and pubs taxes
Parliament will hold a debate on taxation of the beer and pubs sector next Tuesday.
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NewsForde: Action needed on tax
David Forde, chairman of the British Beer & Pub Association, has said action is sorely needed to avoid an unsustainable tax burden on the sector.
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JDW lfl volumes up 17% on Tax Equality Day
JD Wetherspoon chairman Tim Martin has hailed Tax Equality Day as an ”outstanding success”
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Sturbucks to pay $22m in UK corp tax
Starbucks will pay nearly $22m in UK corporation tax after a sharp rise in its taxable profit and turnover last year, The Times reports.
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NewsThwaites pre-tax profits up 19%
Thwaites, the Lancashire-based pub operator, has reported turnover from continuing operations up 4% to £84.4m for the year to 31 March 2017.
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NewsOperators urged to support return of Tax Equality Day
Trade bodies have joined with JD Wetherspoon chairman Tim Martin to urge operators to back the return of Tax Equality Day.
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Health body admits sugar tax won’t reduce soft drinks sales
Public Health England has said there is no evidence that the sugar tax will reduce soft drink sales.
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Sugar tax opportunity for innovation in soft drinks
The sugar tax provides an opportunity to develop more innovative soft drinks as younger people opt to drink less alcohol and lead healthier lifestyles, CGA Peach research has found.
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Sugar tax could cut rates of childhood obesity by 10%
The planned sugar tax could cut obesity among young children by 10% and create “health by stealth”
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McDonald’s to move non-US tax base to UK
McDonald’s has announced that it is moving its non-US tax base from Luxembourg to Britain.