The threshold rule is available to businesses that are not in the Simplified Tax System (STS). STS businesses are able to claim an immediate deduction for expenditure on assets of less than $1,000.
UK airline BMI declines to comment on speculation it has been approached by Etihad over a possible merger.
Bankers’ pay needs to be reformed so deals that turn bad are no longer handsomely rewarded, says the boss of HSBC.
Britain’s third largest tour operator goes into administration, leaving thousands of people without holidays and flights.
Deutsche Bank has said it has bought a 29.75% stake in the banking arm of Deutsche Post for 2.79bn euros
US retail sales fall unexpectedly in August, the second monthly decline in a row, increasing concerns about the US economy.
The Italian government has given Alitalia unions one more day to agree a rescue plan with a group of investors.
Scandinavian airline SAS has confirmed it is in talks regarding the “future structure” of the group.
The government was last week accused of letting energy giants off the hook on
a series of rip-offs from inaccurate billing to punitive rates if customers
pay by cheque.
What type of investor are you — discerning, organised, adventurous, cautious
or casual? The Investment Management Association reckons we all fall into
one of those five categories, but only one will make you a winner.