Chancellor confirms cut to business rates, schedules 'Amazon tax' for 2020

The Chancellor Philip Hammond has confirmed a tax cut to business rates of one third for all retailers in England with a rateable value of £51,000 or less. The measure will last for the next two years, until the next re-evaluation of rateable values in 2021. Hammond told the House of Commons during the delivery of this afternoon's Budget: "For the next two years all retailers in England with rateable value of £51,000 or less, I will cut their business rates by by one third, up to £8,000 for up to 90% of all independent shops, pubs, restaurants and cafes." Continue reading at 'The Bookseller'

[ The Bookseller | 2018-10-30 00:00:00 UTC ]
News tagged with: #business rates #amazon tax #independent shops

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Budget 2020: reading tax scrapped by Rishi Sunak

Chancellor Rishi Sunak has abolished VAT on e-books, dubbed the “reading tax”, alongside halting business rates on small businesses for a year. Continue reading at The Bookseller

[ The Bookseller | 2020-03-10 22:51:42 UTC ]
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BA and retailers demand business rate reform

The Booksellers Association (BA) and more than 50 major retailers are calling on the government to take the first steps towards fundamental business rates reform in the upcoming budget.  Continue reading at The Bookseller

[ The Bookseller | 2020-02-13 22:19:15 UTC ]
More news stories like this | News stories tagged with: #booksellers association


Ten HMV stores under threat of closure amid 'extortionate' business rates

HMV plans to close three stores by the end of the month as the retailer enters negotiations with landlords in 10 locations as "extortionate business rates mean that certain locations are no longer viable".  Continue reading at The Bookseller

[ The Bookseller | 2020-01-05 15:27:06 UTC ]
More news stories like this | News stories tagged with: #business rates #longer viable


BA concerned as Scottish Parliament considers 'retrograde' change to business rates

The Scottish Parliament is considering plans to give local authorities more control over business rates, sparking "extreme concern" from the Booksellers Association.  Continue reading at The Bookseller

[ The Bookseller | 2019-12-16 03:18:34 UTC ]
More news stories like this | News stories tagged with: #business rates #booksellers association


Nielsen Can Now Measure (Some) Amazon Prime Video Ratings

Two years after Nielsen rolled out its SVOD Content Ratings to measure viewership for Netflix programs, the company is expanding the service to also cover Amazon Prime Video. The SVOD Content Ratings tool will now measure audiences for Amazon Prime Video content through connected televisions and... Continue reading at AdWeek

[ AdWeek | 2019-10-21 16:54:19 UTC ]
More news stories like this | News stories tagged with: #measure audiences #nielsen


AALBC Cuts Buy Links to Amazon

After years as an Amazon affiliate, the African American Literature Book Club, an online portal dedicated to black books, literacy and a wide variety of book-related services, is severing most of its commercial ties to the online retailer. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-09-12 04:00:00 UTC ]
More news stories like this | News stories tagged with: #black books #wide variety #online retailer #american literature


Amazon pays £14m corporation tax as revenue increases

Amazon's UK logistics and warehouse arm tripled its corporation tax payment to £14m for 2018, the company has revealed. Continue reading at The Bookseller

[ The Bookseller | 2019-09-03 21:29:05 UTC ]
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Latvian Publishers Association Demands a Cut in the VAT Rate on Books

The publishers' association in Riga is mounting a new bid to ease the country's VAT rates on books, after enduring sharp hikes and only modest decreases. The post Latvian Publishers Association Demands a Cut in the VAT Rate on Books appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2019-08-15 05:30:56 UTC ]
More news stories like this | News stories tagged with: #books appeared #vat rate #vat rates #publishers association


BA and retailers demand business rate reform to save UK high street

The Booksellers Association has joined forces with more than 50 UK retailers to demand changes to the business rates system in a bid to save the high street.  Continue reading at The Bookseller

[ The Bookseller | 2019-08-12 17:07:43 UTC ]
More news stories like this | News stories tagged with: #joined forces #high street #booksellers association


'Level the playing field': BA urges Treasury Select Committee to reform business rates

Booksellers Association m.d. Meryl Halls has urged the Treasury Select Committee to "level the playing field" and reform business rates.  Continue reading at The Bookseller

[ The Bookseller | 2019-05-21 22:14:38 UTC ]
More news stories like this | News stories tagged with: #playing field #booksellers association #meryl halls


Amazon puts former Kindle leader in charge of its pharmacy business

Amazon's entry into the pharmacy business might not have the leader you'd expect. CNBC has learned that the online retailer has picked Nader Kabbani, an executive who helped establish the Kindle self-publishing system and has worked in Flex and logi... Continue reading at Engadget

[ Engadget | 2019-02-28 00:00:00 UTC ]
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Business rates inquiry launched

The Treasury Committee has launched an inquiry into business rates, with the Booksellers Association calling for a "root and branch reform" of the business rates system to stop giving digital retailers an "unfair" advantage. Continue reading at The Bookseller

[ The Bookseller | 2019-02-09 00:00:00 UTC ]
More news stories like this | News stories tagged with: #business rates


Amazon is now taking a 30 percent cut of ad sales from Fire TV

Amazon is taking a bigger piece of ad sales on Fire TV, its connected TV devices, by requiring TV networks and digital publishers to hand over 30 percent of their commercial space for it to sell, according to new terms from the e-commerce giant.Until last month, Amazon let the publishers sell... Continue reading at Advertising Age

[ Advertising Age | 2018-11-20 00:00:00 UTC ]
More news stories like this | News stories tagged with: #ad inventory #ad sales #bigger piece #digital publishers #commercial space #e-commerce giant #ad revenue


Seventeen Magazine Cutting Publication Schedule to ‘Special’ Issues Only

Seventeen magazine says they will only print special issues next year, timed around news events and "key moments" for readers as Hearst prioritizes growing its brands digitally. "Seventeen is leading an authentic conversation with a growing audience, from social issues to important life advice,... Continue reading at AdWeek

[ AdWeek | 2018-11-16 00:00:00 UTC ]
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Budget to include business rate relief package for small retailers

The Chancellor of the Exchequer Philip Hammond will use today's Budget to announce a £1.5bn package of support for the High Street, including £900m in business rate relief, according to widespread reports. Continue reading at The Bookseller

[ The Bookseller | 2018-10-30 00:00:00 UTC ]
More news stories like this | News stories tagged with: #small retailers #high street


Quarto confirms four UK job cuts

Four jobs have gone in the UK as part of the recent round of job cuts revealed with the company's half-year results yesterday, a Quarto spokesperson has confirmed. Continue reading at The Bookseller

[ The Bookseller | 2018-09-19 00:00:00 UTC ]
More news stories like this | News stories tagged with: #recent round


Booksellers urge government to 'act quickly' on 'Amazon tax'

News that the government may bring in an ‘Amazon tax’ to help “rebalance the playing field” between physical and online retailers has been welcomed by booksellers. Continue reading at The Bookseller

[ The Bookseller | 2018-08-14 00:00:00 UTC ]
More news stories like this | News stories tagged with: #act quickly #amazon tax #playing field #online retailers


Media blasts 'Scamazon' as e-retailer claimed to pay just £38m in business rates

Amazon pays only £38m a year in business rates in England and Wales, a Daily Mail investigation has found, while enjoying soaring turnover. Continue reading at The Bookseller

[ The Bookseller | 2018-08-07 00:00:00 UTC ]
More news stories like this | News stories tagged with: #business rates


Turnover soars, corporation tax halves at Amazon UK Services

Turnover at Amazon's UK Services arm soared again in 2017, rising nearly 36% to £1.98bn (from £1.46bn the previous year). Continue reading at The Bookseller

[ The Bookseller | 2018-08-04 00:00:00 UTC ]
More news stories like this | News stories tagged with: #turnover soars


The Bookseller calls on trade to back business rates petition

The Bookseller is calling on readers, authors, agents, publishers and the general public to sign a petition urging the government to give bookshops the same business rate discount as pubs. Continue reading at The Bookseller

[ The Bookseller | 2018-06-21 00:00:00 UTC ]
More news stories like this | News stories tagged with: #bookseller calls #bookselleris calling #give bookshops