Weight Watchers, the world’s leading dieting company has taken a $34.2m hit
to its revenues after losing a VAT battle in the UK.
The dieting heavyweight’s third quarter results would have topped $100m
without the VAT charge.
‘Excluding charges of $34.2m associated with the recent UK VAT ruling, net
revenues were up $100.8m, or 9%, versus the prior year period,’ the company said
in a regulatory
Making Tax Digital will impose significant additional tax compliance costs on small businesses for little or no medium term benefit, tax and small business experts told MPs
MHA MacIntyre Hudson has partnered with cloud accounting software provider Xero ahead of the government’s requirement for digital records
The drive towards a fully digital tax regime is an admirable one, but mandation is simply wrong, according to one of the UK's most senior tax technology practitioners - Paul Aplin
Does Darwin's theory apply to taxation? Colin ponders...