Lowering VAT charges on fuel may be politically attractive but is not good news for those who will struggle the most, say leading tax and advisory firm Blick Rothenberg Heather Self a tax partner at the firm said: “Pressure is building for the Government to make domestic fuel costs zero-rated […]
Lowering VAT on fuel bills won’t work for the poorest
Lowering VAT charges on fuel may be politically attractive but is not good news for those who will struggle the most, say leading tax and advisory firm Blick Rothenberg Heather Self a tax partner at the firm said: “Pressure is building for the Government to make domestic fuel costs zero-rated […]
Sheffield Forgemasters wins £3.7m contract on Rolls-Royce nuclear project
Engineering giant Rolls-Royce has signed a £3.7m contract with Sheffield Forgemasters to develop crucial parts for its small nuclear reactors (SMRs) The contract for forgings is part of Rolls-Royce SMR’s work to achieve regulatory approval and will allow both companies to understand and develop manufacturing procedures and techniques, with a […]
Hair salon win against HMRC means businesses renting out a spare room can breathe sigh of relief
Following Wednesday’s decision by the First-tier Tax Tribunal in favour of a hair salon in Cardiff, businesses renting out a spare room can breathe a sigh of relief as HMRC’s attempt to circumvent the VAT exempt status of rent charges fails. This means that any businesses letting out a room […]
Omicron is the beginning of the end, but people still need to be responsible for their health
PIXABAY By Patricia Mirasol Data suggests that most Omicron cases will be mild, thus eliminating the need for stringent lockdowns, a science expert said. However, the country will still need to brace for the next month as the Omicron wave passes, and individuals will still need to be responsible for […]
Japan to declare quasi-emergency in COVID-hit Okinawa -paper
TOKYO – Japan is preparing to declare a quasi-state of emergency in the southern island prefecture of Okinawa due to a spike in coronavirus cases, perhaps as early as this week, the Mainichi daily said on Wednesday. It would be the first such declaration since Sept. 30, when Japan lifted […]
Inflation likely slowed in Dec. — poll
An attendant holds a fuel pump nozzle at a gasoline station. — PHILIPPINE STAR/ MICHAEL VARCAS By Luz Wendy T. Noble, Reporter HEADLINE INFLATION probably slowed in December as fuel retailers reduced prices, although holiday demand and the impact of Typhoon Odette may have caused a faster rise in food […]