tax-administration
Top StoriesUK Cabinet Was Not Informed of Plans to Scrap Top Rate of Tax, Truss Says
Top StoriesRussian Oil and Gas Sector Braces for Tax Hikes of Over $60 Billion in 2023-2025
Top StoriesIreland Dips Into Budget Surplus to Ease Cost of Living Squeeze
FinanceAnyone Can Become an R&d Tax Expert With the Right Foundations
Growth Will Pay for UK Government Spending Plans, Minister Says
Date: September 23, 2022
LONDON (Reuters) – Economic growth will help to pay for Britain’s plans to maintain government spending while it cuts taxes, a cabinet minister said on Friday ahead of a major fiscal announcement. Asked by Sky News if his view last year that some tax increases would be needed to repair government finances still applied, Clarke...
German Tax Revenues Fall in August for First Time This Year
Date: September 22, 2022
BERLIN (Reuters) – Federal and state government tax revenues fell in Europe’s biggest economy during August for the first time this year, the finance ministry said on Thursday. In its monthly report, the ministry said the tax take was down 2.6% to 54.21 billion euros ($53.52 billion) year-on-year compared with a 0.3% increase in July....
UK PM Truss Preparing to Scrap Sugar Tax on Soft Drinks – the Times
Date: September 15, 2022
(Reuters) – British Prime Minister Liz Truss is preparing to scrap sugar taxes on soft drinks and ditch some anti-obesity measures to ease the cost-of-living crisis in the country, The Times reported on Thursday citing government sources. British finance minister Kwasi Kwarteng has ordered health officials to review obesity control measures, a move that is...
Spain’s Retailers Shun Government Proposal to Freeze Basic Goods Prices
Date: September 12, 2022
MADRID (Reuters) – Spain’s main supermarket chains rejected on Monday a proposal by the left-wing coalition government to temporarily freeze prices of a basic staple basket to ease the pain of high inflation, calling on the government to lower taxes instead. The proposal, which sought an agreement with retailers to offer fresh products including fish,...
Adding Revenue Through R&d Tax Relief Service
Date: August 30, 2022
By Mike Dean, Managing Director, WhisperClaims In a commodity compliance market, accountants need to generate new revenue streams – but they also need to build the strong relationships that are key to long-term client retention. Mike Dean, Managing Director, explains why it is a perfect time for accountants to leverage their trusted advisor status and...
Germany to Lower Sales Tax on Gas to 7% in Bid to Relieve Consumers
Date: August 18, 2022
BERLIN (Reuters) – Germany will lower the sales tax on gas to 7% in an effort to cushion the blow of additional charges being placed on consumers to ensure energy companies can afford increasingly expensive supplies, said Chancellor Olaf Scholz on Thursday. The reduced tax rate will apply as long as the levy is charged,...