Budgets News

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

UK CGT Cut Boosts Confidence
by Robert Lee, Tax-News.com, London
Thursday, May 5, 2016
A new survey of business leaders by the Institute of Directors has revealed that investment in UK start-ups and growing businesses has become more attractive due to the changes to capital gains tax and Entrepreneurs' Relief announced in the March Budget. Read Full Story
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