Corporation Tax
This coverage examines corporation tax developments affecting the UK petcare industry, from changes in tax rates and allowances to compliance requirements and government policy updates. Pet Gazette reports on how corporation tax impacts profitability, investment decisions, and long-term business planning for pet retailers, wholesalers, manufacturers, and suppliers. Coverage includes news, expert commentary, and market analysis to help pet trade professionals navigate corporate taxation and make informed financial and operational decisions.
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Apr- 2020 -1 AprilCoronavirus
A fifth of SMEs at risk of collapse, say experts
Almost a fifth of SMEs will not survive the coronavirus crisis, according to new findings from the Corporate Finance Network.ย The group predicted that the closures would take place within the next four weeks despite government support measures, as the pandemic continues to unfold and affect retail. The network, which…
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Mar- 2020 -11 MarchBusiness Bites
ROUNDUP: Business rates holiday announced by chancellor Sunak
In his maiden budget, the new chancellor, Rishi Sunak, has announced a ยฃ30bn fiscal stimulus package to help combat the impact of coronavirus on the British economy including a one-year total suspension of business rates for small retail, leisure and hospitality businesses. Headline measures include: A ยฃ12bn plan to provide…
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Jan- 2020 -22 JanuaryBusiness Bites
Ted Baker hanging by a thread amid ยฃ58m balance sheet black hole
If you have shares inย Ted Baker, you are probably not having a good morning. The price has tanked by almost 7% after news broke that the fashion brand has found a ยฃ58m black hole in its accounts. Thereโs being a few hundred thousand or a few million short, but when…
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Dec- 2019 -20 DecemberBusiness Bites
Finally, a government addressing the business rates fiasco
Regardless of your political colours, small businesses up and down the land will be pleased to hear of at least one policy which looks set to survive the transition from manifesto wish lists to actual policy and legislation, and that is a business rates overhaul. The prime minister,ย Boris Johnson, yesterday…
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13 DecemberBusiness Bites
The election is over โ time for the Tories to deliver for small businesses
It now looks as though political stasis and all the damage that does to business will be lifted in 2020.ย Boris Johnsonโs victory in the election is the Toriesโ strongest since the Thatcher era, and gives him great scope to implement bold policies. At this juncture itโs worth taking a look…
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12 DecemberBusiness Bites
Businesses are sitting on ยฃ115bn and waiting to splurge
Goldman Sachs thinks money will pour into UK stocks and shares after this election, but itโs at least partly because they suspect a Tory victory. Regardless of which side of the Brexit divide you are on, there is one thing thatโs for certain: business has been extremely cautious about the…
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Jul- 2018 -9 JulyBusiness
UK Treasury rejects retailersโ business rates reform calls
The UK Treasury has today rejected calls from retailers who say business rates should be reformed to create a level playing field with online retailers. During a meeting of parliamentโs Treasury Select Committee, chancellor Philip Hammond said reforming international corporation tax was a higher priority for the government, adding that…
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Mar- 2016 -16 MarchCurrent Affairs
The Budget: At a glance guide
On March 16, George Osborne revealed his eighth budget as Chancellor. Pet Gazette brings you an at-a-glance guide to the highlights for businesses: Growth estimates for the year have been revised from 2.4 to 2.2 percent Inflation of 0.7 percent is expected for 2016 The headline rate of corporation tax…
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Nov- 2015 -10 NovemberCurrent Affairs
โLethal combinationโ for UK retailers, says Tesco boss
Story by Michael Northcott The chief executive of Tesco, Dave Lewis, has warned that the UK retail sector is facing a โlethal cocktailโ of rising costs. Speaking at the CBIโs annual conference, Lewis said rising business rates and the National Living Wage (introduced by George Osborne earlier this year) mean…
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Jul- 2015 -10 JulyEditorial
Introducing the new National Living Wage
On July 8, the Government unveiled the first purely Conservative Budget for 19 years. Chancellor George Osborneโs โnew contractโ for the country introduced a National Living Wage for all working people over the age of 25. Minimum wage will reach ยฃ7.20 per hour next April, rising to ยฃ9 by 2020.…
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