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stamp duty News

Malaysia Announces Corporate Tax, Sales Tax Reforms In Budget

by Mary Swire,, Hong Kong

Friday, November 9, 2018

Malaysia's 2019 Budget contains plans for an overhaul of sales and service tax rules and a corporate tax cut for small- and medium-sized enterprises. Read Full Story


Taiwan Extends Day Trading Tax Break

by Mary Swire,, Hong Kong

Thursday, May 3, 2018

Taiwan's Parliament has passed an amendment to the Securities Transaction Tax Act extending a tax break for traders on the island's stock exchange. Read Full Story


Wales Begins Collected Devolved Taxes

by Jason Gorringe,, London

Monday, April 2, 2018

In a landmark step, Wales took control of a number of taxes levied in the country from April 1, 2018, under the terms of a tax devolution deal with the UK. Read Full Story


Scotland Urged To Simplify Proposals For First-Time Buyers' Tax Relief

by Jason Gorringe,, London

Friday, March 30, 2018

The Chartered Institute of Taxation has warned the Scottish Government that its plans for Land and Buildings Transaction Tax relief for first-time buyers could be complex and difficult to enforce. Read Full Story


EU Suggests Ireland Broaden Its Tax Base

by Ulrika Lomas,, Brussels

Wednesday, February 21, 2018

The European Commission has published its latest post-bailout report on the Irish economy, urging the Government to broaden the tax base and be wary on relying too heavily on volatile corporate tax revenue. Read Full Story


Singapore Confirms Future GST Hike In Budget

by Mary Swire,, Hong Kong

Tuesday, February 20, 2018

Singapore will hike its seven percent goods and services tax rate to nine percent some time between 2021 and 2025, Singapore's Finance Minister, Heng Swee Keat, announced in the territory's new Budget. Read Full Story


UK Urged To Reform Second Home Tax

by Jason Gorringe,, London

Thursday, February 1, 2018

RSM, the professional services firm, has called for reform of the UK's new three percent additional stamp duty charge for those acquiring second homes or buy-to-let properties. Read Full Story


Wales Ready To Devolve UK Taxes From April

by Jason Gorringe,, London

Monday, January 29, 2018

The UK Government and the Welsh Government have announced that they have completed preparations for the introduction of the first Welsh taxes for almost 800 years – land transaction tax and a landfill disposal tax. Read Full Story


Hong Kong Eases Stamp Duty Rules For Residents

by Mary Swire,, Hong Kong

Monday, January 22, 2018

Hong Kong has relaxed the rules for those buying residential property, with the publication in the Official Gazette of The Stamp Duty (Amendment) Ordinance 2018 on January 19, 2018. Read Full Story


Wales Introduces Regulations For New Land Transaction Tax

by Jason Gorringe,, London

Wednesday, January 10, 2018

On January 8, 2018, The Land Transaction Tax (Administration) (Wales) Regulations 2018 were tabled in the National Assembly for Wales. Read Full Story



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