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Politics & Economics News




Seychelles Expected To Announce SME Tax Cuts In Budget

by Lorys Charalambous, Tax-News.com, Cyprus

Last updated 36 hours ago | Friday, July 21, 2017

Government ministers from the Seychelles have met with local businesses to discuss reforming and potentially enhancing the tax incentives for businesses and in particular SMEs. Read Full Story

 

IMF Urges Growth-Friendly Tax Cuts For Greece

by Lorys Charalambous, Tax-News.com, Cyprus

Last updated 36 hours ago | Friday, July 21, 2017

The International Monetary Fund has welcomed measures aimed at widening Greece's tax base, but has recommended that strict budget targets should be relaxed to allow for growth-friendly tax cuts. Read Full Story

 

 

Record Demand For UK's Tax Breaks For Creative Industries

by Jason Gorringe, Tax-News.com, London

Thursday, July 20, 2017

New figures published by HM Revenue and Customs reveal that the number of claims for Film Tax Relief reached a record high in 2016-17. Read Full Story

 

UK Welcomes Success Of Accelerated Payment Notices

by Jason Gorringe, Tax-News.com, London

Wednesday, July 19, 2017

HM Revenue and Customs, the UK tax authority, has reported that it has collected more than GBP4bn (USD5.2bn) in advance tax payments from those taxpayers that have used a tax avoidance scheme. Read Full Story

 

 

IMF Urges Canada To Review Tax System

by Mike Godfrey, Tax-News.com, Washington

Monday, July 17, 2017

The IMF has recommended that the Canadian Government undertake a "holistic" review of the tax system, to identify areas for improving efficiency while maintaining the country's competitiveness. Read Full Story

 

IMF Proposes VAT Rate Hike For Russia

by Ulrika Lomas, Tax-News.com, Brussels

Friday, July 14, 2017

Russia should hike value-added tax by four percent to 22 percent and lower social security contributions, the International Monetary Fund has proposed. Read Full Story