Mona Bitar News Today

Business has been placed at the heart of todays Budget and the Chancellor has announced a number of sweeping changes to try and bolster jobs and investment up and down the country. Among a string of big-ticket announcements, we now know theres a surprise new super deduction plan on the way, corporation tax is going up and freeports are coming in eight new locations. For ordinary people, theres a lot of jargon and pretty complex ideas and concepts to get to grips with, so here, we outline what a...

The US tech giant took significant amounts of warehouse space last year amid the ecommerce boom 3 March 2021 • 8:00pm Amazon looks set to emerge as a key beneficiary of Britains new tax "super-deduction" thanks to a major ramping up of its UK warehouse footprint, even as the Government wrangles with how to get Big Tech to pay more tax.  The latest tax measure, announced on Wednesday, will allow companies investing in new plant and machinery assets to deduct 130pc of that investment from...