Tax

Trump Vows to Abolish Overtime Taxes in Latest Campaign Promise

In a recent campaign speech, former President Donald Trump pledged to abolish taxes on overtime pay if re-elected. Speaking in…

2 months ago

New Zealand’s Tourism Tax Hike: A Boost or Barrier for Economic Growth?

New Zealand is set to raise its tourism entry tax, increasing the International Visitor Conservation and Tourism Levy from NZ$35…

3 months ago

Thailand’s Strategic Tax Cut on Alcohol to Revitalise Tourism

In a notable effort to rejuvenate its tourism sector, Thailand has announced a reduction in alcohol tax rates. This policy,…

9 months ago

Major Tax Breaks in Saudi to Boost Business Hub Ambitions

Saudi Arabia has recently unveiled a compelling tax incentive program, providing a 30-year exemption from corporate income tax for foreign…

12 months ago

Billionaire Tax: The Quest for Fairness!

Billionaires around the world might need to keep a closer eye on their bank accounts. A recent report by the…

1 year ago

Swiss Voters Greenlight Global Minimum Tax and Ambitious Climate Law

Swiss voters have made a significant decision to introduce a global minimum tax on businesses and a climate law targeting…

1 year ago

Corporation Tax to rise to 25% for the most profitable firms

The rate of corporation tax is going up in the UK! That's right, starting next month, companies with over £250,000…

2 years ago

Biden to propose tax hike on highest earners to fund Medicare

President Biden is expected to announce a plan this week to increase tax for those earning over $400,000 a year.…

2 years ago

The “mini” budget which is going to have maximum impact

The UK government has announced the largest tax cuts in 50 years as part of their mini budget to deal…

2 years ago

French government to earn over 10 million euros in tax windfall after the discovery of secret swimming pools

Thousands of French households are facing an unexpected tax bill after the use of an artificial intelligence tool found over…

2 years ago

Farmyard fart tax to combat climate change – a novel solution from the New Zealand government!

The government of New Zealand, a country notorious for having more sheep than people, has proposed a creative way to…

2 years ago

How effective will the UK plastic tax actually be?

On April 1st, the new UK plastic tax will come into effect. The levy on firms will charge £200 per…

3 years ago

Is taxing robots the best way to protect human jobs?

According to research from Oxford Economics in 2019, up to 20 million manufacturing jobs could be replaced by robots by 2030.…

4 years ago

US budget deficit hit a record high in June of $864 billion

Governments need to keep track of their spending just like we all do. If they spend more than they earn,…

4 years ago

VAT to be tripled in Saudi Arabia to 15%

Saudi Arabia, the second largest oil producing nation in the world, has for the last few years been trying desperately…

5 years ago

At what cost should the UK balance its budget?

All eyes are on the UK’s new chancellor, Rishi Sunak, who will soon be announcing the government’s budget for the…

5 years ago

Facebook CEO to agree to paying more taxes overseas

Despite an ongoing US$9 billion court case in the US over tax evasion, the CEO of Facebook Mark Zuckerberg has…

5 years ago

Chinese economy could take a US$60 billion hit following the deadly coronavirus outbreak

The economic impact of the coronavirus is still a guessing game at the moment, but one thing is for sure:…

5 years ago

A trade deal between the US and China seems imminent… But what even is a Trade War and how do they fight?

Trade wars are not fought with guns, missiles, planes, or ships. Instead they are fought with the raw power of…

5 years ago

The Privatisation of India

State-owned companies in India are on the verge of experiencing the largest wave of privatisation since 2000. The Indian Prime…

5 years ago

Research shows excise tax to reduce alcohol consumption

A recent study in the US found that increasing the excise tax (tax paid on the purchase of a specific…

5 years ago