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micro business News

Australia To Extend Venture Capital Tax Breaks To FinTech

by Mary Swire,, Hong Kong

Tuesday, October 31, 2017

The Australian Government is consulting on draft legislation to enhance tax breaks for angel and venture capital investors. Read Full Story


New Zealand Inland Revenue Delays Restructuring

by Mary Swire,, Hong Kong

Friday, July 21, 2017

New Zealand's Inland Revenue has delayed the implementation date for plans to restructure its front-line services to February 12 from January 1, 2018. Read Full Story


Indian Firms Grapple With New Goods And Services Tax

by Mary Swire,, Hong Kong

Tuesday, July 4, 2017

Small businesses in India have said they are struggling to comply with the new goods and services tax, which was introduced after more than a decade of negotiations on July 1, 2017. Read Full Story


NZ Tax Agency To Soon Restructure Services

by Mary Swire,, Hong Kong

Thursday, May 11, 2017

New Zealand's Inland Revenue is planning to soon restructure its front-line services. Read Full Story


Peru To Reduce VAT Rate In July

by Mike Godfrey,, Washington

Monday, January 9, 2017

Peru has gazetted legislation to reduce the value-added tax rate by one point to 17 percent from July 1, 2017, provided that revenue reaches 7.2 percent of GDP in the year to May 31, 2017. Read Full Story


Strong Uptake For Chilean Tax Amnesty

by Mike Godfrey,, Washington

Thursday, August 25, 2016

Chile's Internal Revenue Service waived tax penalties and interest for a total of 123,128 taxpayers during the first half of this year, as part of a tax amnesty scheme. Read Full Story


'Lack Of Awareness' On HMRC's Digital Tax Reforms

by Amanda Banks,, London

Tuesday, August 23, 2016

Nearly half of the UK's micro-businesses and freelancers (43 percent) are unaware of the UK tax authority's Making Tax Digital project, according to research by accounting platform FreeAgent. Read Full Story


Australia To Introduce Tax Breaks For Start-Ups

by Mary Swire,, Hong Kong

Wednesday, March 16, 2016

The Australian Government has introduced legislation to provide concessional tax treatment to investors in start-up companies and improve the tax treatment of Early Stage Venture Capital Limited Partnerships. Read Full Story


UK OTS Recommends Simpler Tax Regime For SMEs

by Robert Lee,, London

Friday, March 4, 2016

The UK's Office of Tax Simplification has published a package of recommendations aimed at making the tax system simpler and easier to use for "micro-businesses." Read Full Story


Irish Revenue Explains Changes To EIIS Tax Incentive

by Jason Gorringe,, London

Monday, October 19, 2015

The Irish Revenue has published an e-brief that explains the changes to the Employment and Investment Incentive announced in the 2015 and 2016 Budgets. Read Full Story



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