HM Revenue and Customs is reforming late-filing and payment penalties to make them fairer and more consistent across taxes. The first stage of these reforms was set to come into effect early this year. However, on January 13, 2022, HMRC postponed the effective dates by nine months to one year.
With the UK corporate tax rate set to rise 25 percent from April 2023, the UK Government has announced various tax proposals that are intended to support businesses and the UK economy, in the newly released 2022 Budget.
The European Commission has committed to tabling a proposal for a digital tax in October, whether or not an international agreement surfaces from OECD-led talks on new international tax rules for the world’s largest firms.
God I hope so. You should see the Penn Station area right now. Or maybe you shouldn’t. Eric Adams is the Democratic nominee (and likely winner) for New York City Mayor. He was on Bill Maher Friday night talking about his policies. [embedded content]
B Minus. That’s my letter grade for the Robinhood IPO. You can say whatever you want about the lack of a pop. But in the end, their employees and investors are now liquid to monetize some of their shares at an incredibly high valuation, their users were able to participate in the deal – in […]
Welcome to the ninth episode of The Compound & Friends, a new podcast from your favorite financial and investing commentators. This week, Michael Batnick, Ben Carlson, and Downtown Josh Brown discuss: ►Robinhood IPO ►FAANMG earnings roundup ►Liquid Alternatives & ETFs discussion ►JPMorgan unlocks crypto for financial advisors ►How cheap should Europe be? ►Why should I […]
Apple is the largest corporation on earth and, in the last quarter, their profits doubled versus the same quarter during the prior year. As my partner Barry likes to say, “Stop and think about it!” Indeed, that’s f***ing bananas. Apples. Whatever. Here’s what else Apple told us last night: EPS: $1.30 vs. $1.01 estimated Revenue: $81.41 billion vs. $73.30 […]
[embedded content] 5:30pm ET LIVE premiere today – Subscribe for the alert! Join Downtown Josh Brown and Michael Batnick for another round of What Are Your Thoughts? On this week’s episode, Josh and Michael discuss the biggest topics in investing and finance, including: ►Unforced Error – Why is China crashing its own stock market? ►Securities-Based […]
Once upon a time, when I knew nothing, I called myself a financial advisor. It’s true, I was giving financial advice. But when I look back to the caliber and quality of that advice from back then to now, it’s astonishing how much I didn’t know. I was raised in this business to believe that […]
Jack Bogle did it. Warren Buffett did it. Ben Horowitz too. And Chris Dixon. So did Fred Wilson. So did Howard Marks. And David Einhorn. Gross and El-Erian. Fisher and Edelman. Gundlach and Grantham. They all did it. Many others too. Did what? Built investing careers and raised billions of dollars based on the ideas […]