budget News

UK Announces Tax Breaks For Businesses In 2022 Budget
by Jason Gorringe, Tax-News.com, London
Monday, November 1, 2021
With the UK corporate tax rate set to rise 25 percent from April 2023, the UK Government has announced various tax proposals that are intended to support businesses and the UK economy, in the newly released 2022 Budget. Read Full Story

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

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

Netherlands Cancels Corporate Tax Rate Cut
by Ulrika Lomas, Tax-News.com, Brussels
Tuesday, September 22, 2020
The Dutch Government has decided to cancel a planned decrease in the corporate tax rate in its 2021 Tax Plan. 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

Switzerland Unlikely To Need Tax Hikes In Response To COVID-19
by Ulrika Lomas, Tax-News.com, Brussels
Friday, July 10, 2020
The Swiss Government is anticipating a shortfall in tax receipts of over CHF5bn in 2020. Read Full Story

EU Approves Italian COVID-19 Tax Breaks
by Ulrika Lomas, Tax-News.com, Brussels
Friday, July 3, 2020
The European Commission has approved under state aid rules four Italian tax schemes to support companies and self-employed workers affected by the coronavirus outbreak. Read Full Story

France Provides SMEs With More COVID-19 Tax Relief Measures
by Ulrika Lomas, Tax-News.com, Brussels
Thursday, June 25, 2020
The French Government has presented to the Council of Ministers a third amendment to the Finance Bill for 2020, which provides additional support for businesses affected by the COVID-19 outbreak. Read Full Story

Czech Republic May Delay Digital Tax And Lower Rate
by Ulrika Lomas, Tax-News.com, Brussels
Thursday, May 28, 2020
The Czech Government is considering whether to delay the introduction of a proposed tax on the provision of digital services and alter its design. Read Full Story

IMF Proposes Reforms For Belgium
by Ulrika Lomas, Tax-News.com, Brussels
Tuesday, March 3, 2020
Belgium should look to broaden its tax base to fund labor tax reductions, the International Monetary Fund has said in its annual report for the country. Read Full Story
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