While we're angry about Amazon, Starbucks, Google and more for appearing to dodge their UK tax responsibilities, US tax authorities have themselves an even bigger target, with Apple branded one of "America's largest tax avoiders." Read More >>
New research into the possibly shady world of Amazon UK and its accountant friends in Luxembourg has emerged, with the company paying just £3.2m in corporation tax in the UK last year -- a figure made all the more laughable by the fact it claimed £2.5m in government grants. It's the world's biggest benefit claimant. Read More >>
Featured comment by squidfish:
"It isn't Amazon, or Starbucks or even Jimmy Carr at fault here. Only an idiot would voluntarily pay more tax than they legally need to. Don't talk to ..." More »
At this point, you probably have a working understanding of what bitcoins are (at the very least your handle of bitcoins is like how you can kinda, sorta explain why the sky is blue to a child). But how does an actual transaction with bitcoins work? That's a bit more complicated. Read More >>
Featured comment by ItsDom:
"C'mon guys, what happened to decent referencing? The source you give there is not even secondary, it's like a millionary. Following the trail through ..." More »
France may introduce a one per cent sales tax on all smartphones and tablets sold in the country, with the money raised funnelled off into an arts fund to back the supposedly more intellectual pursuits of film, art and music. Read More >>
PayPal's location-based payment system is set to launch in the UK this summer, letting those not angrily boycotting the company pay for their stuff without need for cash, cards, chips, PINs, NFC or even a cheque. It'll just work. Read More >>
Featured comment by Southern:
"Bah, NFC payments using credit cards take much less faffing around.
You could make shops faster by replacing the machines they have now with ones t..." More »
Bad news for those who'd like to see NFC phone payments like Google Wallet actually take off in the UK. The Tesco retail juggernaut has basically said it's a load of crap, and that it's already out of date. It's just not "cool" enough, apparently. Read More >>
Featured comment by itsliamprowse:
"Working in McDonald's in the UK, we have a lot of customers pay via NFC, not the majority, but if it were more widely available to use (if more banks ..." More »
The EU has tabled a few draft proposals designed to force banks to be clearer on their charges and make comparing fees easier, which could bring about the long-heralded end of mostly "free" banking in the UK. Read More >>
An introductory chat about the weather and last night's TV may soon be enough to get you through your bank's telephone security system, with Barclays successfully testing a voice recognition tool that authenticates users by analysing their speech patterns. Read More >>
Virgin Media has made the rather enormous error of sending out a bill to a dead man, also cheekily adding a £10 late payment fee. Why not turn up at the funeral and prise the rings off his fingers to pay for his TV debts, you cold-hearted automatons? Read More >>
Featured comment by armhed:
"Funny you should say that. I did have a bill they tried to overcharge me for three months and it took about 2 hours and 3 phone calls to sort out. The..." More »
Eric Schmidt, Google's talkative executive chairman, has launched a mini offensive over the company's controversial UK tax affairs, claiming Google is a key element of the tech scene that's driving the UK's recovering economy so we ought to be grateful for its presence instead of moaning about its suspiciously low tax bills. Read More >>
Featured comment by spank86:
"no, my argument is that I expect companies to be evil, only google told us they were different, that they were good... so Mr Schmidt should understand..." More »
It's that time of year again, the global rich list has just been updated allowing you to work our precisely where you are in the global money-grubbing rankings. Simply enter your salary into the spangly new box and hey presto, feel miles better about your miserable existence. Read More >>
If you already feel a little hard done by when it comes to your paycheque, brace yourself. Bloomberg reports that four of the five best-paid executives across the whole of the US are employed by Apple — and just wait until you hear how much they earn. Read More >>
Featured comment by chmielify:
"Please, more news about execs. We really enjoy them! I would love to know what are favourite colours of the most prominent execs and why is it black a..." More »
Maybe you've heard of Bitcoin—it wants to shake the entire global economy, and has become the financial bubble du jour with a skyrocketing value. It's online money—an alternative to pounds and euros. Well what's that mean? It's complicated, but we break it down. Read More >>
Featured comment by mark.tey.315:
"I wanted to buy Bitcoins here, in the UK, directly without intermediators on ebay or other middle men (because fees are huge), and I found it very dif..." More »
What is a bitcoin? Like exactly? It's digital currency and it's been around for a while now so what's all the fuss these days? It's because more and more places are accepting bitcoins as real currency. If you're still a little bit confused on where bitcoins come from (or how you can just invent digital currency), watch the video explainer above by Duncan Elms. Get to mining. [Duncan Elms via Digg] Read More >>
Featured comment by mark.tey.315:
"If you still wanna buy Bitcoins in the UK, directly without intermediators on ebay or other middle men (with huge fees) is difficult, I made this guid..." More »
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