Taxation: All business that operating in the UK must pay tax on their profits. A business who is operating and makes a net income of more than £300,000 must pay cooperate tax. The rate of cooperate tax is 21%. This has a negative impact on Primark because they are losing money through paying tax. Although they are losing income due to tax, they will be compliant because the rate of tax has decreased from 24% (2012) to 21% (2014).
Taxation has major impacts on any business, especially on huge cooperate and successful businesses such as Primark. The rate of tax is at 21%, this means Primark loses millions of income through tax because they are multi million pound company. This may also make Tesco look less successful to businesses in other countries that have a lower cooperation tax, therefore deeming Primark a less investable business.

Minimum Wage: This is the minimum amount an operating business must pay their employees. In retail many employees are usually paid minimum wage. This has a negative impact on Primark because the minimum wage usually increases every year, therefore Primark expenses are increasing and this is ultimately decreasing their profits.
Minimum wage does not have a major impact on Primark as they are an ever growing brand and therefore are generating and creating more sales and profits every years, so the slight increase in minimum wage will not have a major impact on Primark. Most of Primark’s stock is made in less economical developed countries that require very low wages and therefore an increase in minimum wages in these countries will have a very insignificant impact on Primark’s profits.

Low Interest Rates: The low interest rates can have both positive and negative impacts on Primark. The positive impacts of low interest rates means people are more open to borrowing money and therefore have more disposable income to spend. This