Health Insurance News

Tax Extenders Passed In US Spending Package
by Mike Godfrey, Tax-News.com Washington
Monday, December 23, 2019
On December 17, 2019, the United States House of Representatives passed a year-end spending package, which includes legislation extending numerous expired and expiring tax provisions, and repealing certain taxes introduced to help fund the Obamacare health care reforms. Read Full Story

Hong Kong's New Budget Contains Tax Relief Measures
by Mary Swire, Tax-News.com, Hong Kong
Thursday, March 1, 2018
Hong Kong's new Budget contained a number of new tax perks for individuals and measures to promote the adoption of environmentally friendly technologies, but few measures for businesses. Read Full Story

Most US Taxpayers Unaware Of Individual Mandate Repeal
by Mike Godfrey, Tax-News.com, Washington
Monday, January 29, 2018
Most US taxpayers do not know they will no longer face a tax penalty under the Affordable Care Act's individual mandate, which was shuttered in the recently enacted Tax Cuts and Jobs Act. Read Full Story

Ghana Introduces Flat-Rate VAT, New Exemptions
by Lorys Charalambous, Tax-News.com, Cyprus
Tuesday, May 2, 2017
The Ghanaian Government has released an overview of an amendment to the VAT Act, which entered into force in early April, to amend the list of exempt supplies and introduce a VAT flat-rate arrangement for retailers and wholesalers. Read Full Story

Tax Breaks In Hong Kong's Voluntary Health Insurance
by Mary Swire, Tax-News.com, Hong Kong
Thursday, January 12, 2017
The Hong Kong Government has released a report on its consultations regarding a proposed Voluntary Health Insurance Scheme, summarizing the consultation outcomes and proposing tax breaks. Read Full Story

Health Tax Credits Missed By 2.5m US Taxpayers
by Mike Godfrey, Tax-News.com, Washington
Thursday, October 6, 2016
The US Department of Health and Human Services has provided new analysis showing that some 2.5m US taxpayers currently buying their individual health insurance coverage outside the Health Insurance Marketplace may be eligible for the Affordable Care Act's premium tax credit. Read Full Story

South Africa Asks For Input On Tax Policy Direction
by Lorys Charalambous, Tax-News.com, Cyprus
Wednesday, September 7, 2016
South Africa's Davis Tax Committee has opened a consultation on funding options for the proposed National Health Insurance scheme. Read Full Story

Treasury Issues Obamacare Exemption Fact Sheets
by Mike Godfrey, Tax-News.com, Washington
Tuesday, March 22, 2016
The US Treasury Department has issued a series of fact sheets on the exemptions available from the Affordable Care Act health insurance coverage requirement, if individuals can not afford coverage or meet other conditions, and about how to claim an exemption during tax filing. Read Full Story

US Provides Fact Sheet On Health Tax Obligations
by Mike Godfrey, Tax-News.com, Washington
Friday, January 22, 2016
With the beginning of the 2016 individual tax filing season, the US Department of Health and Human Services and the Treasury Department have issued a fact sheet on how the Affordable Care Act's provisions affect tax returns, and on the Administration's resources available to help taxpayers. Read Full Story

Bahamas Discusses Aviation, Health Care VAT Changes
by Mike Godfrey, Tax-News.com, Washington
Monday, January 11, 2016
The Bahamas Government has recently issued two statements regarding value-added tax policy, covering aviation sector operators and the health care sector. Read Full Story
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