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UK To Offer Expanded Annual Investment Allowance Until 2022

by Jason Gorringe, Tax-News.com, London

Tuesday, November 17, 2020

The UK Government has announced that the temporary GBP1m (USD1.31m) cap for the Annual Investment Allowance (AIA) will be extended until January 1, 2022. Read Full Story


Cyprus Announces More VAT Payment Flexibility

by Lorys Charalambous, Tax-News.com, Cyprus

Tuesday, November 17, 2020

Cyprus's tax agency has released a number of statements regarding further value-added tax payment concessions for companies financially impacted by the COVID-19 pandemic. Read Full Story


France Proposes Additional COVID-19 Support Measures

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, November 17, 2020

In two recent speeches, French Finance Minister Bruno Le Maire has outlined plans to extend COVID-19 supports for French businesses. Read Full Story


Cayman Tables Law For Digital Asset Business Regime

by Jason Gorringe, Tax-News.com, London

Tuesday, November 17, 2020

The Government of the Cayman Islands has published legislation in its Official Gazette to introduce a regulatory regime for virtual asset service providers (VASPs). Read Full Story


UK To Strengthen Insurance Premium Tax Rules

by Jason Gorringe, Tax-News.com, London

Tuesday, November 10, 2020

On November 5, 2020, HM Revenue and Customs issued a consultation on proposals to improve the administration of Insurance Premium Tax (IPT) and prevent unfair outcomes. Read Full Story


Malta Releases 2021 Budget

by Lorys Charalambous, Tax-News.com, Cyprus

Monday, November 2, 2020

Malta's 2021 Budget, announced on October 19, 2020, included tax breaks for individuals and an increase to the VAT registration threshold. Read Full Story


UK MPs Join Calls For Making Tax Digital Rethink

by Jason Gorringe, Tax-News.com, London

Monday, November 2, 2020

The UK's Public Accounts Committee has recommended that the UK tax authority first review the potential administrative burden and cost on taxpayers before further expanding its Making Tax Digital initiative. Read Full Story


France Allowing Companies Three More Months To Pay Property Tax

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, October 20, 2020

France has extended the October 15 property tax payment deadline for businesses affected by measures to contain COVID-19. Read Full Story


OECD Indicates New Focus On Virtual Currency Tax Issues

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, October 20, 2020

The OECD has released a new report on countries' tax rules for virtual currencies, alongside an announcement that the Common Reporting Standard will be expanded next year to newly cover virtual currency assets. Read Full Story


UK Updates Brexit VAT Guidance For Imported Goods

by Jason Gorringe, Tax-News.com, London

Tuesday, October 20, 2020

On October 5, 2020, the UK tax authority added considerably to its Brexit guidance for businesses on the value-added tax rules that will apply to goods entering Great Britain from outside the UK. Read Full Story


Malta Expands Fiscal Unity Guidelines

by Jason Gorringe, Tax-News.com, London

Tuesday, October 20, 2020

Malta's tax agency has announced that it has expanded its guidance on the territory's Fiscal Unity regime, to clarify technical matters in relation to the Consolidated Group (Income Tax) Rules. Read Full Story


Netherlands Allows More Time To Pay Frozen Tax Debts

by Ulrika Lomas, Tax-News.com, Brussels

Monday, October 5, 2020

The Dutch Government has announced that businesses may further delay payment of certain tax dues that were frozen in response to the COVID-19 pandemic. Read Full Story











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A review and forecast of Cyprus's international business, legal and investment climate.

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A review and forecast of Malta's international business, legal and investment climate.

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A review and forecast of Jersey's international business, legal and investment climate.

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Budget Review

A review of the latest budget news and government financial statements from around the world.

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