How Amazon Paid $0 Federal Income Tax in 2018
Amazon paid $0 in federal income taxes in 2018. On top of that, the company also received a multi-million dollar tax rebate from the federal government. How does the company do it?
Browsing Tag
tax
Here’s How Rich People Avoid Taxes
Robert Kiyosaki is an entrepreneur, educator, and investor, best known as the author of Rich Dad Poor Dad—the #1 personal finance book of all time. He has challenged and changed the way tens of millions of people around the world think…
4 Things Your Business Does That Qualify for R&D Tax Credits
When people think of research and development (R&D), they often picture large corporations or specialist science, tech or pharmaceutical companies.
4 Things Your Business Does That Qualify You for R&D Tax Credits
When people think of research and development (R&D), they often picture large corporations or specialist science, tech or pharmaceutical companies.
How Do I Claim R&D Tax Relief for My Business?
Many companies out there are keen to get some help with the research and development aspect of their business. However, it has become more noticeable that many are very confused by the Government scheme, how exactly to claim and the…
Bill Gates: ‘Trump Is Open-Minded’
As the Gates Foundation launches its report on progress in the fight against poverty, the philanthropist talks to Polly Toynbee about the challenges ahead. Gates discusses the US president's approach to foreign aid, sharing his hopes for…
Understanding “Funny Shares” to Transfer Wealth More Tax Efficiently
By Toby Hermitage, Tax Partner at Carter Backer Winter LLP
One of the challenges we face today is passing on accumulated value in investment and property companies to the next generation tax efficiently. In many cases, the shares in…
Retiring Soon? 4 Tips to Reduce Tax on Your Retirement Benefits
Taxes never leave you. You have to pay them when you work and will continue paying them in retirement. Taxes in retirement are calculated on your income each year as you receive it, exactly the way it worked before you retired. Retirement…
Firms Ask for Simpler Approach to Business Rates
The UK’s SMEs are overwhelmingly calling for business rates to be made both simpler and more flexible, research from Close Brothers Asset Finance reveals. Overall, the figure stands at 71%, with businesses at the larger end of the scale…
Business Rates Rise Crushing High Street Retailers
With a recent report from the Local Data Company that new store openings are at their lowest level for seven years, with just 4,083 opening in stark contrast to 5,855 closures, the British retail industry faces a systemic challenge to its…