Budgets News

EU To Table A Digital Tax Proposal In October

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, September 15, 2021

The European Commission has committed to tabling a proposal for a digital tax in October, whether or not an international agreement surfaces from OECD-led talks on new international tax rules for the world's largest firms. Read Full Story

Singapore Launches Consultation On Income Tax Reforms

by Mary Swire, Tax-News.com, Hong Kong

Friday, July 24, 2020

Singapore's Ministry of Finance has launched a public consultation on proposed corporate tax and income tax breaks. Read Full Story

CIOT Welcomes UK Commitment To Earlier Tax Consultations

by Jason Gorringe, Tax-News.com, London

Monday, December 11, 2017

The Chartered Institute of Taxation has welcomed the promise from the UK Government that it will hold more early-stage policy consultations and reintroduce the online tax consultation tracker. Read Full Story

Irish Finance Department Moots Options For USC Reform

by Jason Gorringe, Tax-news.com, London

Tuesday, August 1, 2017

Ireland's Finance Department has published a paper on policy options for reform of the Universal Social Charge, which include a possible merger with Pay Related Social Insurance. Read Full Story

Ireland To Review USC Phase Out On Year-By-Year Basis

by Jason Gorringe, Tax-news.com, London

Wednesday, April 5, 2017

The Irish Government will make decisions on the phasing out of the Universal Social Charge on a year-by-year basis, according to the Minister of State for Financial Services, Eoghan Murphy. Read Full Story

UK Commits To Improving Tax Industry, Taxpayer Engagement

by Jason Gorringe, Tax-News.com, London

Friday, January 20, 2017

Financial Secretary to the Treasury Jane Ellison has said she aims to increase transparency surrounding HM Revenue and Customs's performance, saying its customer service "hasn't always been good enough." Read Full Story

Change Process For UK Tax Decisions, Says Report

Tuesday, January 17, 2017

The UK Government must change the way it makes tax and budget decision to reduce taxpayer confusion, prevent costly errors, and avoid embarrassing u-turns, professional bodies have said in a report. Read Full Story

UK Lawmakers Urged To Heed Expert Tax Reform Advice

by Jason Gorringe, Tax-News.com, London

Monday, January 16, 2017

UK members of parliament should consult tax experts before scrutinizing finance bills and be "more rigorous" in examining new measures, according to Andrew Tyrie, the Chair of the House of Commons Treasury Committee. Read Full Story

Italian Corporate Tax Rate To Fall In New Budget

by Ulrika Lomas, Tax-News.com, Brussels

Monday, October 17, 2016

In a press conference on October 15, following approval by the Government of the draft Italian 2017 Budget, Premier Matteo Renzi announced that it contains the promised business tax cuts, and underlined that "tax burdens continue to go down." Read Full Story

Tax Bodies Advise On UK's New Tax Policy Direction

by Jason Gorringe, Tax-News.com, London

Friday, October 7, 2016

The Institute for Government, Institute for Fiscal Studies, and Chartered Institute of Taxation have released a wishlist for the new UK Chancellor. Read Full Story

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