Mike Cherry interview: Now is not the time to saddle small businesses with higher taxes January 27, 2022 The pandemic has been a bumpy ride for Britain’s entrepreneurs and small businesses. Trying to navigate the choppy waters of the government swinging between tougher and looser restrictions to tame Covid-19 has been fraught with risk and uncertainty. But, one thing seems for sure: the looming heavier tax burden will weigh heavily on small firms, [...]
Superdry cuts its losses despite tumbling revenues January 20, 2022 Revenues at fashion brand Superdry have dropped on a one-year and two-year basis, but losses are also down at the retailer.
The future of tax in the UK, an expert view January 18, 2022 This article first appeared in ICAS’ CA magazine. Young businesses have the potential to drive post-pandemic recovery – but is the UK’s ageing tax system a help or a hindrance to entrepreneurs? Fraser Allen asks four experts to share their thoughts Earlier this year, the Institute for Fiscal Studies published a blunt assessment of the way [...]
Tech Special: The jobs, sectors and countries most at risk of automation and robotics in 2022 January 5, 2022 Digital change and automation are driving enormous productivity gains in the world of work. However, the rapid changes mean many individuals, businesses and even entire nations will be hugely impacted by automation and tech, with some roles and jobs to be replaced by robots altogether. Many of the industries that are most at risk of [...]
UK regulator bans Arsenal fan token ads amid crackdown on crypto December 22, 2021 The UK's advertising watchdog has banned adverts by Arsenal promoting its fan token amid a cracks down on crypto content.
Elon Musk says he will pay $11bn in taxes this year December 20, 2021 Celebrity entrepreneur Elon Musk has said he will pay $11bn in taxes this year, an amount which could constitute the biggest contribution in history.
Growth capital business a key focus for long-term strategy at Numis, says co-CEO December 8, 2021 City broker Numis this morning reported its full year revenue swelled nearly 40 per to hit £215.6m, as a buoyant IPO market coupled with stabilised markets and rising deal fees helped the firm deliver its second record annual revenue performance in a row. Profit before tax doubled in the year to September 30, which Numis [...]
Tax disadvantage affecting Scottish partnerships to be removed December 8, 2021 In 2020 ICAS called for a tax disadvantage affecting Scottish partnerships to be removed, so we were pleased to see the recent government announcement that the relevant legislation will be amended. What’s the problem? The UK capital gains tax regime allows a roll-over style relief for CGT where joint owners of land exchange their interests [...]
Musk calls for the US government to scrap EV subsidies December 7, 2021 Celebrity entrepreneur Elon Musk has called out a proposed $2tn (£1.5tn) spending package to support electric vehicles as unnecessary.
Why personal reputation lies at the heart of our responsibilities as business professionals November 26, 2021 Individuals should seek to uphold the highest of ethical standards, and in so doing safeguard not only their own reputation but that of their organisation. Unethical behaviour has been at the root of recent scandals involving both individuals and corporations. A clear principle is that leadership and good habits are about taking personal responsibility. If [...]