Tag Archives: tax

Starbucks avoids paying tax for three years

October 17, 2012

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One of, if not, the most loved franchised coffee shops operating in the UK has been heavily criticised in recent days. It has come to light that Starbucks have not paid any tax for the last three years; despite sales of £1.2 billion. That might sound inappropriate behaviour for such a large corporation, but Starbucks aren’t doing [...]

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eBay in the tax spotlight

May 4, 2012

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  The lovely people at the HRMC are turning their eye towards the internet to find to try and catch a lot of people who have been avoiding declaring their income. According to the Guardian somewhere around 32,000 people have been trading on the site without declaring their earnings. How has this been allowed to [...]

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Top finance stories of last week…

February 24, 2012

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  Here at the Money Lion Castle we like to keep our fingers on the financial pulse, so here is a selection of the top stories from around the internet… Banks Lloyds Banking Group has made a loss of £3.5bn after earmarking £3.2bn to cover compensation claims from mis-sold payment protection insurance. It’s hard to mention the [...]

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Retirement loophole allows footballers to avoid millions in tax

November 1, 2013

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Footballers are using EFRBS retirement fund schemes to avoid paying large sums of income tax as Premier League clubs come under increasing wage stress.

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The Peace Tax Seven

July 19, 2008

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I’m taking a break from my soap box this week and considering I’m going to be flat broke for the next few months, I don’t want to think about mortgages, savings or pensions. So here’s something else to think about … the Peace Tax Seven The Peace Tax Seven comprise seven individuals who are withholding [...]

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What happens when all the old people die?

June 7, 2008

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My colleague recently wrote an article on all the conflicting reports about the UK house market that seemed to be in circulation. Sometimes it’s up, sometimes it’s down and sometimes it’s hardly going anywhere at all. This week in the news, I recall watching a television programme about the shortage of new housing in London [...]

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