Latest in Profit Tax Payment
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Apple’s Quarterly Profit Down Because of Tax Payment in Europe
Sales for the iPhone maker were up 6 percent to to $94.93 billion. But a $14.4 billion tax bill cut profits that would have topped expectations.Tech - The New York Times - October 31 -
UK borrowing costs hit post-election high on eve of Reeves’ first Budget
Chancellor will draw parallels with Tony Blair government’s efforts to repair country’s social fabric in late 1990sBusiness - Financial Times - October 30 -
Small UK pub owners look overseas after Budget tax rises sap profits
Cluster of hospitality operators cancel British investments and divert spending to continental Europe insteadWorld - Financial Times - November 14 -
Housing benefit payments to be frozen next year
Labour has confirmed rates will stay the same next year, after several freezes over the past decade.Top stories - BBC News - October 31 -
Woman 'sickened' by demands to return flood payment
Flood compensation was offered to businesses affected by heavy flooding in 2023.Top stories - BBC News - November 2 -
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£100 payment to help pensioners with winter fuel cuts
Pensioners affected by cuts to winter fuel support are to get a one-off £100 payment from Stormont.Top stories - BBC News - November 19 -
Scottish Labour vows to reinstate winter fuel payments
Move by leader Anas Sarwar puts pressure on Keir Starmer to change policy for rest of UKBusiness - Financial Times - November 19 -
Consumer watchdog to oversee digital wallets, payment apps
Large companies that offer digital wallets and payment apps will now be overseen by the Consumer Financial Protection Bureau (CFPB). The CFPB finalized a rule Thursday to bring companies handling ...Politics - The Hill - 6 days ago -
Ex-Gravity Payments CEO Dan Price Faces Rape Charge in California
Price cultivated a big social media following by skewering corporations. Now he’s the target, over sexual misconduct allegations.Business - Inc. - October 28 -
Visa says spending trends are stable, and this time Wall Street agrees
Visa’s CFO expects the “stable and resilient consumer” to keep up such spending trends into the company’s new fiscal year.Business - MarketWatch - October 29 -
Jack Dorsey's payments company Block expands corporate card service to the UK
Block, the payments company owned by tech billionaire Jack Dorsey, has launched its corporate card service in the U.K.Business - CNBC - October 31 -
Unite union may bring legal action over winter fuel payments
Unite has called on the government to reverse the cut for millions of pensioners.Top stories - BBC News - November 3 -
Adyen shares slide as payments giant's transaction volume growth slows
Adyen shares sank Thursday after the company reported a slowdown in the growth of its transaction volumes in the third quarter.Business - CNBC - November 7 -
When can a credit card company sue you for non-payment?
If your credit card debt goes unpaid for long enough, you could face legal consequences. Here's when it may happen.Top stories - CBS News - November 8 -
Philippine defense secretary doesn't expect Trump will demand payment for protection
Philippine Defense Secretary Gilberto Teodoro says he doesn't expect U.S. President-elect Donald Trump’s next administration will demand the Philippines pay more for military protection because ...World - ABC News - November 12 -
Here’s Why Visa Is Reaching Out to Creators With New Payment Options
Chief marketing officer Frank Cooper calls them a whole new category of customer that should be treated like small businesses.Business - Inc. - November 12 -
Everyday Americans Keep Racking up Debt and Missing Payments
Economic pain is weighing on consumers as delinquency rates and household debt rise.Business - Inc. - November 14 -
Lilly Sues U.S. to Change Hospital Drug Discount Payments
The lawsuit is the second by a large drugmaker in recent days challenging how it provides required discounts to certain hospitals.Business - The Wall Street Journal - November 15 -
Student loan servicers are pulling incorrect payments from borrowers' bank accounts, consumer protection bureau says
Lenders often encourage federal student loan borrowers to sign up for automatic payments. But a new report shows the decision can backfire.Business - CNBC - November 19 -
Student loan servicers are pulling incorrect payments from borrowers' bank accounts
Lenders often encourage federal student loan borrowers to enroll in automatic payments.Top stories - NBC News - November 19 -
How will a late credit card payment impact my credit score?
Just one delinquent credit card payment could have a big impact on the health of your credit. Here's how.Top stories - CBS News - November 20 -
Federal Inquiry Traced Matt Gaetz’s Venmo Payments to Women
A document prepared by federal investigators bolsters claims by women who say they were hired for sex by Matt Gaetz, President-elect Donald J. Trump’s choice for attorney general, who denies ...Top stories - The New York Times - 6 days ago -
Winter fuel payments cut makes sense, Starmer says
The PM was repeatedly pressed on why he was targeting pensioners, in a round of BBC local radio interviews.Top stories - BBC News - 5 days ago -
Goodbye to low-tax Britain
One does not need to subscribe to hyperbolic Tory rhetoric to recognise that this Budget heralded a major shiftBusiness - Financial Times - October 30 -
GOP tax battle rages
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Tax battle brewing among Republicans over debt fears President-elect Trump's ...Politics - The Hill - November 12 -
Trump’s Tax Plans
Three scenarios for how Republicans could approach cutting taxes next year.Top stories - The New York Times - November 15 -
Tariffs and taxes are not very inflationary
Households will pay, but probably not through much higher pricesWorld - Financial Times - November 19 -
'Exploitative' children's home profits to be curbed
The new measures aim to stop private care home providers benefiting excessively from a stretched system.Top stories - BBC News - November 18 -
Chase Revenue Versus Build Profit
Five ways to strike the balance for sustainable growth.Business - Inc. - November 18 -
These two ‘low tax’ states are getting socked with fast-rising property taxes
Nationally, property taxes in major cities have gone up 30% since 2019, according to a new Redfin analysis.Business - MarketWatch - October 29 -
Here's how Harris and Trump's tax plans would impact your taxes
Harris and Trump both have proposed historically large tax overhauls. Here's what to know.Top stories - CBS News - November 5 -
Business and wealthy bear brunt of £40bn tax increases in UK Budget
Markets unsettled by extent of government borrowing as Rachel Reeves boosts spendingBusiness - Financial Times - October 30 -
Why it’s hard to box in the wealthy on tax
Budget measures and missed opportunities show difficulty of raising large sums from highly mobile executivesWorld - Financial Times - October 30 -
How are the inheritance tax rules changing?
Chancellor Rachel Reeves has announced a series of changes to the way inheritance tax works.Top stories - BBC News - November 19 -
Watch: The farming inheritance tax row explained
BBC Verify examines the different claims about how many farms will be affected by the inheritance tax changes for agricultural assets.Top stories - BBC News - November 19