Tax

tax

Starbucks is not profitable in the UK. Apparently.

It must be nice to be a multinational corporation operating in the UK. You get to live in this legacy-filled country, with comparatively stupid rich consumers who don’t mind paying several pounds for a cup of coffee that costs about 7.6p to make*. And if you’re Starbucks, you don’t even have to pay any UK…

Get any interesting post this morning? Perhaps you have one of those cards that says the postman couldn’t be bothered to knock on your door or try and push your parcel through the letterbox? Maybe you got an energy bill for hundreds of pounds to add to the energy company’s stinking big profits? Or perhaps…

How do you like your pasties in bed? Hot or cold?

Now, not everyone likes to eat pasties in bed, that may be something peculiar to Andy. Who is indeed very peculiar. But there is another amazing connection between pasties and beds that you might not be aware of, or even care about. But you should, because that connecting factor is the highly expensive VAT. Most…

How to pay your 31 January tax bill

It’s that time of the year again. No, we are not reminding you to fill in your 2010/11 Self Assessment Tax Return, because we already did that. Now we are reminding you to actually pay your tax bill- after all, you might have smugly completed it back in May. 31 January Due Date 31 January…

Save yourself £100- the Bitterwallet step by step guide to online registration for Self Assessment

So. It is no longer Christmas and it is not yet New Year. If you find yourself with some spare time on your hands that you'd rather not spend with your relatives, why not let your thoughts turn to your 2010/11 Self Assessment tax return. This is not as strange as it sounds- last year…

Buying a bargain from abroad? Make sure you tell the Taxman...

I know it isn’t even halfway through November yet, but with tinsel and trees already commonplace on the high street, if you haven’t already started thinking about your Christmas shopping, it’s high time you did. Many people will again be looking for bargains this year, and one way of getting a good deal can sometimes…

Avoid tax in your retirement. Legitimately.

Apparently most of us are in denial. Getting old isn’t going to happen to us, we won’t need a pension. But crumbliness (like death and taxes) comes to us all, and there can be little more galling than putting away money for the future, especially at a time when it can be ill-afforded, and then…

Digital River's hidden charges too taxing for Bitterwallet reader

If you're a regular buyer of games or other software online, you're probably aware of Digital River - they're middle men who provide e-commerce software to retailers. They're a US company with offices around the world, from where they claim to manage more than $3 billion in global online sales annually. Digital River also appear…

Don't pay your £100 Self Assessment penalty

Are you one of those lucky* people who have just had a letter from HMRC land on your mat? No, unfortunately this is not one of those occasions where they have suddenly discovered they owe you several hundred pounds, nor is it another notification that they are writing off some tax you genuinely do owe.…