Billionaire buys 7-year-old daughter Blue Moon diamond for record $48m

A Hong Kong billionaire spent a record $48.4m buying an 12.03-carat diamond dubbed “Blue Moon” for his seven-year-old daughter in an auction in Geneva. Property tycoon Joseph Lau bought the rock at a Sotheby’s auction on Wednesday and immediately renamed it “Blue Moon of Josephine” after his daughter. The sale comes the day after he […] http://barbrahmusambachamamumba.com/2015/11/12/billionaire-buys-7-year-old-daughter-blue-moon-diamond-for-record-48m/ Share this:Click to share on Twitter (Opens in new window)Click to share on Google+ (Opens in new window)Share on Skype (Opens in new window)Click to email this to a friend (Opens in new window)Click to share on Pinterest (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to print (Opens in new...

BP could claim a massive tax write-off from Deepwater oil spill penalties

If the DOJ doesn’t act, the oil giant could see a $5 billion windfall. http://grist.org/article/bp-could-claim-a-massive-tax-write-off-from-deepwater-oil-spill-penalties/ Share this:Click to share on Twitter (Opens in new window)Click to share on Google+ (Opens in new window)Share on Skype (Opens in new window)Click to email this to a friend (Opens in new window)Click to share on Pinterest (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to print (Opens in new...

Tax Credit Cuts Scrapped

George Osborne’s statement on tax credits: “I’ve had representations that these changes to tad credits should be phased in. I’ve listened to the concerns. I hear and understand them. And because I’ve been able to announce today an improvement in the public finances, the simplest thing to do is not to phase these changes in, but to avoid them altogether. Tax credits are being phased out anyway as we introduce universal credit. What that means is that the tax credit taper rate and thresholds remain unchanged.”   Share this:Click to share on Twitter (Opens in new window)Click to share on Google+ (Opens in new window)Share on Skype (Opens in new window)Click to email this to a friend (Opens in new window)Click to share on Pinterest (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to print (Opens in new...

HMRC seize illicit tobacco and alcohol

An operation to disrupt the sale and supply of illegal tobacco and alcohol in Somerset led to the arrest of one man, and uncovered more than 45,000 cigarettes and over 80 litres of spirits. Officers from HM Revenue and Customs (HMRC), working with Devon and Somerset Trading Standards and Avon and Somerset Police, visited seven retail premises and five storage units in Bridgwater, Shepton Mallet, Taunton and Yeovil on Wednesday 18 and Thursday 19 November. The visits, part of HMRC’s multi-agency activity, led to the seizure of what is believed to be non-UK duty paid tobacco and alcohol products from five retail premises and a vehicle. This includes: 45,940 cigarettes, with £12,000 duty evaded Almost eight kgs of hand-rolling tobacco, with £1,400 duty evaded Over 80 litres of spirits, with £800 duty evaded. During the operation around £21,500 in cash and one car, being used to store excise goods, were also seized. Colin Spinks, Assistant Director, Fraud Investigation Service, HMRC, said: “The sale of illegal tobacco and alcohol will not be tolerated by us or our partner agencies. Disrupting criminal trade is at the heart of our strategy to clampdown on the illicit tobacco market, which costs the UK around £2.1 billion a year, and the sale of illicit alcohol which costs the UK around £1.2 billion per year. This is theft from the taxpayer and undermines legitimate traders. “We encourage anyone with information about the illegal sale of tobacco or alcohol to contact the Customs Hotline on 0800 59 5000.” Councillor David Hall, Deputy Leader of Somerset County Council with responsibility for Devon and Somerset Trading Standards, said:...

New partners for Bruton Young

Due to the huge amount of work we have we are delighted to announce that we are working with two new bookkeeping partners.  Assisting with credit control is Laura Madle of LM Ledgers (LM Ledgers website) and for Xero bookkeeping Bob Clifford of Amber Valley Bookkeeping (Amber Valley Bookkeeping website) We are over the moon to welcome Bob and Laura to the team.  Share this:Click to share on Twitter (Opens in new window)Click to share on Google+ (Opens in new window)Share on Skype (Opens in new window)Click to email this to a friend (Opens in new window)Click to share on Pinterest (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to print (Opens in new...