All Tax articles – Page 9
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News
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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News
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.
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Stax Diner team to open third US concept
The team behind US-influenced concepts Stax Diner and Boondocks is set to open a third venture in the capital in Camden
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Analysis & InsightTim Martin on VAT and tax equality
JD Wetherspoon founder Tim Martin continues his argument for tax equality and argues that industry campaigns that prioritise excise duty help supermarkets as well as pubs
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Fazenda grows pre-tax profits 140%, eyes new concept
City District Ltd, the company behind Brazilian rotisserie and steak house chain Fazenda has seen turnover rise 48% and pre-tax profits grow 140% in the year to 31 March.
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News
Calls for sugar tax to be dropped
Industry leaders have renewed calls for the government to abandon plans for a sugar tax
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Trade bodies express concern over sugar tax impact
Trade bodies have expressed concerns over the potential impact of the Government’s childhood obesity strategy on the eating and drinking out sector.