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  2. Taxation in the United Kingdom - Wikipedia

    en.wikipedia.org/wiki/Taxation_in_the_United_Kingdom

    Tax revenues as a percentage of GDP for the UK in comparison to the OECD and the EU 15. In 1971, the top rate of income tax on earned income was cut to 75%. A surcharge of 15% on investment income kept the overall top rate on that income at 90%. In 1974 the top tax rate on earned income was again raised, to 83%.

  3. List of largest United Kingdom–based law firms by revenue

    en.wikipedia.org/wiki/List_of_largest_United...

    194. Watson Farley & Williams. $266,471,000. 579. $460,000. This list excludes firms with a large presence in the UK that structure their operations as a Swiss Verein. This is because these firms structurally differ from the firms listed above, especially when it comes to sharing profits. Some of these firms include DLA Piper, Baker McKenzie ...

  4. Revenue recognition - Wikipedia

    en.wikipedia.org/wiki/Revenue_recognition

    The revenue recognition principle is a cornerstone of accrual accounting together with the matching principle. They both determine the accounting period in which revenues and expenses are recognized. [ 1] According to the principle, revenues are recognized when they are realized or realizable, and are earned (usually when goods are transferred ...

  5. Guess 2/3 of the average - Wikipedia

    en.wikipedia.org/wiki/Guess_2/3_of_the_average

    In game theory, " guess ⁠ 2 3 ⁠ of the average " is a game that explores how a player’s strategic reasoning process takes into account the mental process of others in the game. [ 1] In this game, players simultaneously select a real number between 0 and 100, inclusive. The winner of the game is the player (s) who select a number closest ...

  6. Intel - Wikipedia

    en.wikipedia.org/wiki/Intel

    In July 2012, Intel agreed to buy 10% of the shares of ASML Holding NV for $2.1 billion and another $1 billion for 5% of the shares that need shareholder approval to fund relevant research and development efforts, as part of a EUR3.3 billion ($4.1 billion) deal to accelerate the development of 450-millimeter wafer technology and extreme ultra ...

  7. Phoenix Group - Wikipedia

    en.wikipedia.org/wiki/Phoenix_Group

    Net income. £ (88) million (2023) [ 1] Number of employees. 8,165 (2022) [ 1] Website. www .thephoenixgroup .com. Phoenix Group Holdings plc (formerly Pearl Group plc) is a provider of insurance services based in London, England. It is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index .

  8. Value-added tax in the United Kingdom - Wikipedia

    en.wikipedia.org/wiki/Value-added_tax_in_the...

    t. e. In the United Kingdom, the value added tax (VAT) [ 1] was introduced in 1973, replacing Purchase Tax, and is the third-largest source of government revenue, after income tax and National Insurance. It is administered and collected by HM Revenue and Customs, primarily through the Value Added Tax Act 1994 .

  9. Bank of England cuts interest rate for first time in four ...

    www.aol.com/bank-england-cuts-interest-rate...

    The decision takes the benchmark interest rate in the United Kingdom to 5% from 5.25%, ... The real estate consultancy sees UK house prices rising by 3% this year.