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small business News

Australian CEOs Urge Lawmakers To Approve Tax Cuts

by Mary Swire,, Hong Kong

Last updated 31 hours ago | Tuesday, November 21, 2017

Four out of five Australian CEOs have said that their companies would increase investment spending if the company tax rate was reduced to 25 percent, according to a new survey by the Business Council of Australia. Read Full Story


Seychelles Overhauls Tax Settings In Recent 2018 Budget

by Mary Swire,, Hong Kong

Last updated 31 hours ago | Tuesday, November 21, 2017

The Seychelles Budget included numerous proposals to change the territory's tax settings, including new corporate tax reliefs and the settings for a progressive personal income tax regime. Read Full Story


South Australia Presses Ahead With Tax Reforms

by Mary Swire,, Hong Kong

Monday, November 20, 2017

Following its decision to abandon plans for a controversial bank levy, the South Australian Government has announced that it will still press ahead with payroll tax cuts and a higher foreign investor surcharge. Read Full Story


US Tax Reform Bills Advanced By Senate Committee, House

by Glen Shapiro,, New York

Friday, November 17, 2017

Both the House of Representatives and the Senate Finance Committee passed their respective US tax reform bills on November 16. Read Full Story


Independent Businesses Back Senate's US Tax Reform Plan

by Mike Godfrey,, Washington

Thursday, November 16, 2017

The National Federation of Independent Business in the United States has said that it "strongly supports" the proposed measures in the Senate's tax reform plan, which would provide tax relief to small businesses. Read Full Story


Saffery Champness Builds On UK VAT Reform Recommendations

by Jason Gorringe,, London

Wednesday, November 15, 2017

Sean McGinness, Edinburgh-based VAT Director at accountants Saffery Champness, has recommended additional VAT reforms the UK Government could adopt to enhance the impact of recommendations newly put forward by the Office for Tax Simplification. Read Full Story


US Senate Presents A Different Take On Tax Reform

by Mike Godfrey,, Washington

Monday, November 13, 2017

The Senate Finance Committee released its tax reform plan on November 9, presenting a draft bill with marked differences to that agreed by the House Ways and Means Committee on the same day. Read Full Story


UK's Small Firms Seek Helping Hand In Next Budget

by Jason Gorringe,, London

Monday, November 13, 2017

Noting the substantial contribution to the UK economy that small businesses make, the Federation of Small Businesses has urged the UK to not go on a tax grab at the next Budget – the last before Brexit now that the UK has newly moved to a single Budget event each year. Read Full Story


US House Ways And Means Adopts Tax Reform Law

by Mike Godfrey,, Washington

Friday, November 10, 2017

The House Ways and Means Committee has passed the Tax Cuts and Jobs Act after a final markup, including in it a lower tax rate for pass-through income introduced as part of a second package of amendments. Read Full Story


Aus Treasury Concerned By US Corporate Tax Cuts

by Mary Swire,, Hong Kong

Thursday, November 9, 2017

The Australian Treasury has released a paper that considers the implications of proposed reforms to the US corporate tax system, and which warns that Australia's GDP and real wages could be affected by the changes. Read Full Story



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