Lisa Martin, a Dubai-based accountant from The Counting House, says those who will feel the most pain from the introduction of VAT will be small business owners “who have to start accounting properly, perhaps for the first time, and who will need to seek outside help to ensure they are VAT complaint.”.
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Donut King owner Retail Food Group Ltd. slumped by the most on record Monday amid reports the company squeezed franchisees with high fees and offered limited management support. Shares in the company fell as much as 27 percent in Sydney trading, the steepest drop since listing in 2006, and
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A snowstorm that pushed across London on Sunday brought Heathrow Airport, one of the busiest in the world, to a virtual halt as airlines canceled numerous flights and planes were stranded at gates.
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JOHANNESBURG (Reuters) – Shares in South African retailer Steinhoff jumped as much as 40 percent on Monday, regaining some ground after calling on its lenders to help stabilise the company following the discovery of accounting irregularities last week. Steinhoff has hired U.S. investment bank
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Oil futures fell in Asian trading, reversing some of Friday's rally that was stoked by data showing Chinese crude imports were growing strongly.
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