Corporation Tax
- BusinessAOL
Caffe Nero pays no tax on £25.5m profit
Coffee shop chain Caffe Nero paid no corporation tax in the UK last year - despite making £25.5 million profit. The company, which has more than 600 branches in the UK, might have been expected to face a bill of £5.1 million. However, it's
2-min read - NewsAOL
Forget tax evaders, it's the tax avoiders we should be tackling
Chancellor George Osborne is looking happy this week. Along with 50 other countries he has signed an agreement to share individuals' tax details in an effort to get those who evade tax to cough up. Finance ministers from around the world
2-min read - BusinessAOL
No corporation tax for Vodafone
Mobile phone giant Vodafone paid no UK corporation tax for the second year running despite earning more than £5 billion of revenues in Britain. The Berkshire-based group said investment in its UK network and interest payments more than wiped out
- NewsAOL
Who should get tax breaks: individuals or companies?
When a country is slashing and burning to try and make ends meet tax cuts are usually few and far between. But when there is an option to ease a tax burden should it be given to individuals or businesses? It might seem like an obvious answer;
- NewsAOL
Minimum wage means companies pay a fairer share
The benefits of an increase in the minimum wage is obvious for the individual but it also sticks the boot in to profit-hoarding companies. The government announced last week that the national minimum wage is to rise 12p an hour to £6.31 for
- BusinessAOL
Starbucks pledges to pay £10m tax
Coffee giant Starbucks has said it expects to pay "somewhere in the range of £10 million" in UK corporation tax for each of the next two years. The announcement comes after it emerged Starbucks paid just £8.6 million in corporation
- BusinessAOL
TUI paid no corporation tax in UK
Britain's biggest travel company paid no UK corporation tax in its last financial year despite posting record annual profits. Thomson and First Choice operator TUI Travel said it had been a year of "many successes", with an 8%
