The company’s newly reported Q3 revenue is a mere $75 million and barely a blip on the radar for the average S&P, but the Lovesac Company Is growing and growing strong.
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New York May Legalize Online Gambling, Should You Bet on DraftKings?
by David Cohne • • 0 Comments
New York state may legalize online sports betting, which would be boon to DraftKings (DKNG), but the The stock is currently trading at a high valuation. Should you invest ?
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How to Avoid Imposter Syndrome
by Peter Voogd • • 0 Comments
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Elon Musk and Jeff Bezos' space projects may be tax-exempt to attract investors
by Entrepreneur en Español • • 0 Comments
The richest men in the world will enjoy the tax benefit for developing their projects in economically difficult areas of Texas, Alabama, California and New Mexico.
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Treasury eyes hitting self-employed gig workers with VAT charge
by Timothy Adler • • 0 Comments
Originally written by Timothy Adler on Small Business
Self-employed Uber drivers, those who make a living renting out rooms on Airbnb, and other gig economy workers could find themselves having to pay VAT.
The Treasury is eyeing slapping VAT on self-employed gig workers and others in the sharing economy, as it tries to claw back cash to pay for the Covid pandemic.
What this means is that Uber fares or Airbnb stays could cost 20 per cent more.
>See also: Treasury to discuss COVID-19 grant for company directors
The Treasury has issued a call for evidence as concern grows that as much as £20bn could be lost as tax revenue as activity shifts online. According to PwC, the total value of the UK sharing economy will be £140bn by 2025 compared with £7bn in 2016.
For example, plumber call-out firm Pimlico Plumbers charges 20 per cent VAT to customers, but a plumber found on Taskrabbit does not because most sole traders fall below the VAT threshold of £85,000 of turnover. Similarly, accounting firms charge VAT to clients on billable hours but a freelance accountant found on Upwork may not.
Although the government has pledged not to raise the rate of VAT under the “triple tax lock”, there
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Gatsby Is Making Options Trading the Side Hustle of the Moment
by StackCommerce • • 0 Comments
This platform demystifies what is typically overly complicated and makes options trading fun.
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Why Your Restaurant POS System Search Could End with Square
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What is open podcasting? (And why is the foundation of this exploding industry)
by Ross Adams • • 0 Comments
It is an ecosystem that allows content creators to share their work with listeners everywhere, through all the applications and podcast players out there.