South Africa has announced a three-year, 1 trillion rand ($54.5 billion) public infrastructure plan aimed at reviving economic growth. The ambitious strategy, unveiled by Finance Minister Enoch Godongwana, focuses on transport (402B rand), energy (219.2B […]
In a bid to save €60 billion in 2025, the French government has unveiled a draft budget plan targeting wealthy individuals and billion-dollar corporations with temporary tax hikes. The measures aim to reduce France’s budget […]
Bill Gates recently spoke out about the US tax system, stating that he would be significantly poorer if he had designed it. Gates advocates for a more progressive tax structure, where the rich pay a […]
Governments worldwide could raise over $2 trillion by adopting Spain’s wealth tax model, according to the Tax Justice Network. This additional revenue could play a crucial role in funding climate transition initiatives. The concept of […]
In June 2023, South Africa will impose a flat excise duty of R2.90/ml on nicotine substitutes, including vaping products. This tax has been anticipated since finance minister Enoch Godongwana announced it in his 2022 budget […]
On April 1st, the new UK plastic tax will come into effect. The levy on firms will charge £200 per tonne of plastic packaging containing less than 30% recycled plastic. The UK government, who announced […]
Following a high court ruling about Uber’s relationship with their customers, the price of each ride may be about to increase by 20%. The business was previously operated in a way whereby customers entered into […]
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