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What exactly is indirect tax?

ThomsonReuters

Sometimes called a ‘sin tax’, they are applied to hazardous chemicals , alcohol, cigarettes, sugary drinks , and gambling. E nsuring organizations properly record and remit sales and service taxes keep s companies on top of paying these taxes that they have collected on behalf of the government.

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Friday Footnotes: Firms on India Hiring Spree; PCAOB Heads Overseas; PwC Lets You See Your Family This Summer | 5.6.22

Going Concern

The 25-year-old tax accountant saw the story on the news and decided he wanted to take Ralph, a woman he’d never met, to Game 2 of the NBA Finals. The accountancy firm has written to its 22,000 UK staff and told them they can knock off at lunchtime on Fridays between 1 June and 31 August, assuming they get their work done.

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