A spokesperson for Asos told This is Money that the cost of the repayment to the Government looked set to come in at just under £2million for April.
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The ten cheapest cars to insure revealed
The model in question is the Mazda MX-5 – the best-selling affordable sports car of all time. Admiral says the average premium paid by motorists over the age of 25 is less than any other car.
Difficulties compound for embattled fashion retailer Quiz
The firm stated it was ‘very grateful to the press for highlighting the alleged breaches’ and was committed to conducting a ‘full review’ of its auditing processes.
Tax advisers face scrutiny by State regulator
The Treasury is launching its review in the wake of scandals, such as one where staff were paid via tax-avoiding loans not likely ever to be repaid.
Estate agents say stamp duty holiday has sparked demand
Enquiries from house hunters have surged since Chancellor Rishi Sunak announced the nine-month tax cut in his mini-Budget summer statement on Wednesday.
Stamp duty cut slammed for cutting tax for landlords too
In a bid to boost the housing market the Chancellor announced that most homebuyers won’t pay any stamp duty on the first £500,000 of their home purchase from now until March.
Boohoo shares dive another 14% amid sweatshop scandal
Boohoo said it has ditched two suppliers accused of employing staff on slave wages. It pledged to invest an initial £10m to stamp out malpractice and beef up its board with more independent directors.
Can we claim back stamp duty on a flat bought last week?
Can we now claim back this tax since we missed out on the new stamp duty holiday by just a few days?
Zurich to refund travel insurance customers
Around 10,000 of its customers who were unable to travel during lockdown can expect a full refund or rearrange their policy to fit new trip dates.
First £3.3MILLION Aston Martin DB5 Goldfinger continuation car completed
We’ve been expecting it, Mr Bond…and finally it’s here. First of 25 limited-run gadget-laden Aston Martin DB5s, which made its big-screen debut in the 1964, has been reborn in the 21st century.
New car registrations down by a third in June despite dealers reopening
Despite dealers in England being allowed to welcome customers back from 1 June, showrooms in Wales weren’t given the green light to open until 22 June, while those in Scotland had to wait until 29 June.
Proposed stamp duty cut could freeze the housing market, experts warn
Chancellor Rishi Sunak is reported to be considering plans to wipe out stamp duty paid on homes bought for less than £500,000 to help boost the economy.
Beware the online crooks preying on your dream of a holiday
Be wary of emails and adverts linked to websites promising bargain breaks. Figures from McAfee show almost a third of holiday bookings occur through such email promotions and pop-up adverts.
Banks braced for £10bn hit as job losses shoot up
Fears are rising of a wave of defaults as customers lose their incomes at the very moment they are asked to start making repayments on mortgages, personal loans and credit cards again.
Briton who was FIRST to spot fall of Wirecard
Mark Hiley, who runs The Analyst, reveals in The Mail on Sunday that he issued a ‘Red Flag Alert’ on Wirecard to his clients six years ago.