tax
In brief: SAP profit warning sends shares tumbling
News SAP's shares took a tumble yesterday after the company warned second quarter pre-tax profits would be lower than expected. The German-based software company said pre-tax profit rose 40 per cent in the... [14 Jul 1998]
In brief: Tax office gets high-volume call centre
News The Inland Revenue is to equip its Salford head office with a call centre that will handle large volumes of tax enquiries. Racal Telecom is to supply the managed voice service which automatically routes calls to the... [13 Jul 1998]
In brief: FI Group staff share £4m bonus
News Pre-tax profits were up from £6.6m last year to £10.7m this year. Staff at the FI Group are to be awarded a bonus after the IT services company enjoyed a 62 per cent increase in profits. Turnover was up to £162m for the... [09 Jul 1998]
ISA savings scheme finds IT trouble
News The UK Government's plans to replace tax-free Tessa and PEP savings schemes have run into trouble, after financial companies claimed their computer systems will not be ready in time. According to research by the New... [07 Jul 1998]
Restructure pays dividends for Rebus
News ICL had a problem with one of its contracts to manage council tax systems, and Oracle backed out of it completely. UK computer software and services company Rebus has announced a leap in operating profits. [06 Jul 1998]
Rockwell cuts jobs in $625m restructuring move
News The restructuring is expected to be completed by the end of next year and will generate about $100m (£62.5m) of pre-tax savings. Communications company, Rockwell, has confirmed it is to cut 9 per cent of its workforce as... [01 Jul 1998]
In brief: Rockwell cuts jobs in $625m restructuring move
News The restructuring is expected to be completed by the end of next year and will generate about $100m (£62.5m) of pre-tax savings. Communications company, Rockwell, has confirmed it is to cut 9 per cent of its workforce as... [01 Jul 1998]
In brief: Net escapes taxation
News The US House of Representatives has approved the Internet Tax Freedom Act, which calls for a three-year ban on online trading taxation. Supporters of the bill argue that taxation of Internet trade will discourage the... [30 Jun 1998]
Barclays launches employment smartcard initiative
News Barclays Bank has launched trials of a Government-endorsed smartcard, which allows individuals to register employment and tax details over the Internet. The pilot will work through a network of kiosks in branches around... [26 Jun 1998]
Securicor lacks faith in Cellnet
News Securicor's total pre-tax profits for the six months ended 31 March 1998 were £43.6m. Rumours that Securicor is about to sell its stake in Cellnet have resurfaced following lacklustre interim results from the security,... [26 Jun 1998]