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small business News

Morrison Continues Australian Corporate Tax Cut Push

by Mary Swire,, Hong Kong

Tuesday, February 13, 2018

It does not "make any sense" to keep Australia's business taxes high, Treasurer Scott Morrison has said. Read Full Story


EU Asks For Small Firms' Input On VAT Reform Plans

by Ulrika Lomas,, Brussels

Wednesday, January 31, 2018

The European Commission has asked for taxpayers' feedback in respect of its proposals to simplify value-added tax compliance for small enterprises, alongside the publication of its proposal for a Council Directive to amend the EU VAT Directive as regards the special scheme for small businesses. Read Full Story


EU To Ease VAT Rules On Rates, SMEs

by Ulrika Lomas,, Brussels

Friday, January 19, 2018

The EU has unveiled plans to give member states greater power to vary VAT rates and to relax VAT rules for small businesses. Read Full Story


UK Tax Industry Concerned By HMRC's Expanding Workload

by Jason Gorringe,, London

Monday, January 15, 2018

The Association of Taxation Technicians has called on HM Revenue and Customs to ensure that its taxpayer services do not crumble under strain when the Making Tax Digital initiative is rolled out alongside the UK exiting the European Union. Read Full Story


Answers Asked Of UK Tax Agency On Brexit VAT Changes

by Jason Gorringe,, London

Thursday, January 11, 2018

Nicky Morgan, the Chair of the UK's Treasury Committee, has written to Jon Thompson, the Chief Executive of the UK tax agency, to seek answers about how necessary value-added tax policy changes will impact businesses and about support measures. Read Full Story


US Farmers Welcome New Tax Reforms

by Mike Godfrey,, Washington

Tuesday, January 9, 2018

The American Farm Bureau Federation has acknowledged that the latest tax reform bill has provided a number of benefits to US farmers, in comments alongside those of President Donald Trump on the impact of the Tax Cuts and Jobs Act. Read Full Story


Ireland's Small Firms 'Cautiously Optimistic'

by Jason Gorringe,, London

Friday, January 5, 2018

Nearly two-thirds of Irish SMEs believe the business environment is improving, but Brexit and the increasing cost of doing business are dampening the mood, according to the Small Firms Association. Read Full Story


Business Warns Australia Slipping Behind On Tax

by Mary Swire,, Hong Kong

Tuesday, January 2, 2018

Australia's leading business associations have warned that the country's high company tax rate is dampening its competitiveness and called for urgent reform. Read Full Story


UK's Small Business Association Welcomes 'Staircase Tax' Repeal

by Jason Gorringe,, London

Tuesday, January 2, 2018

The Federation of Small Businesses in the UK has welcomed the release of draft legislation by the UK Government that would "repeal" the so-called staircase tax. Read Full Story


UK To Exempt Firms From Unintended 'Staircase Tax'

by Jason Gorringe,, London

Monday, January 1, 2018

The UK's Communities Secretary, Sajid Javid, on December 29 published draft legislation to reverse the impact of the so-called "staircase tax" on businesses with multiple offices in a building situated on non-contiguous floors. Read Full Story



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