News Stories Tagged 'budget'

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  COVID-19: EU Approves Cypriot VAT Deferral Scheme

  by Lorys Charalambous, Lowtax.net, Cyprus

  19 June, 2020
  

  The European Commission has approved under the Temporary State Aid Framework a Cypriot aid scheme allowing for the deferral of VAT payments by companies affected by the coronavirus pandemic.
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  Tags: compliance | interest | Europe | budget | European Union (EU) | Cyprus | penalties | legislation | European Commission | value added tax (VAT) | tax | tax breaks | VAT legislation | VAT special schemes | VAT compliance matters



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  Bermuda Issues Guidance On Payroll Tax Changes

  by Mike Godfrey, Lowtax.net, Washington

  10 April, 2020
  

  Bermuda has issued guidance on calculating payroll tax for the period April 1, 2020, to March 31, 2021.
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  Tags: compliance | payroll | budget | employees | Bermuda | tax compliance | tax | revenue guidance | tax reform | tax rates



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  Isle of Man To Update Taxpayer Codes After Personal Allowance Change

  by Jason Gorringe, Lowtax.net, London

  17 March, 2020
  

  The Isle of Man's Income Tax Division has said it is to issue new 2020/21 tax codes to employers.
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  Tags: budget | employees | Isle of Man | tax authority | tax thresholds | tax | tax reform | individual income tax



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  Bermuda Discusses Rental Tax Proposal, Tax Data Exchange

  by Mike Godfrey, Lowtax.net, Washington

  12 February, 2019
  

  Bermuda's Government has stated that proposals for a rental income tax, detailed in a pre-budget report, were released as part of a consultation exercise and that the proposal for the levy has not been confirmed or formally announced. A decision on whether to include the measure in the Budget will be revealed when it is presented to parliament on February 22, 2019, it said.
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  Tags: Tax | budget | Switzerland | Bermuda | Monaco | trusts | tax



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  Trinidad And Tobago Confirms Property Tax In 2019 Budget

  by Mike Godfrey, Lowtax.net, Washington

  04 October, 2018
  

  Trinidad and Tobago has confirmed that it will introduce a property tax next year, in the territory's newly released annual Budget.
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  Tags: compliance | business | interest | Tax | budget | individuals | Trinidad and Tobago | legislation | energy | training | education | manufacturing | tax compliance | tax | property tax | stamp duty | tax breaks | Tax Evasion



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  Jersey's 2018 Budget Now Law

  by Jason Gorringe, Lowtax.net, London

  16 May, 2018
  

  Jersey's 2018 Budget provisions have been enacted, in Finance (2018 Budget) (Jersey) Law 2018.
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  Tags: budget | Wealth | Finance | Jersey | law | services | retail | financial services | corporation tax | fees | tax | individual income tax



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  Aruba To Impose Crisis Levy Starting July 1

  by Mike Godfrey, Lowtax.net, Washington

  06 April, 2018
  

  The Caribbean island of Aruba has announced temporary rises in turnover tax and health tax to shore up its finances.
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  Tags: small business | business | budget | Aruba | insurance | Health tax | tax | social security



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  Belize's Budget Broadens GST, Excise Taxes

  by Mike Godfrey, Lowtax.net, Washington

  16 March, 2018
  

  Belize's Prime Minister and Minister of Finance, Dean Barrow, has signaled a broadening of the country's indirect tax base in the country's recent 2018 Budget, and reiterated his government's commitment to complying with global standards of good tax governance.
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  Tags: tax information exchange agreement (TIEA) | compliance | business | Tax | budget | Finance | Belize | standards | offshore | international financial centres (IFC) | Organisation for Economic Co-operation and Development (OECD) | services | excise duty | goods and services tax (GST) | tax compliance | tax | BEPS



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  Tax Relief, Amnesty In Saint Vincent's New Budget

  by Mike Godfrey, Lowtax.net, Washington

  21 February, 2018
  

  The new Budget of Caribbean territory Saint Vincent and the Grenadines includes company and income tax cuts and a three-month tax amnesty.
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  Tags: compliance | business | interest | Tax | budget | Finance | Saint Vincent and the Grenadines | penalties | international financial centres (IFC) | corporation tax | value added tax (VAT) | tax compliance | tax | withholding tax | individual income tax



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  No New Taxes in Antigua And Barbuda Budget

  by Mike Godfrey, Lowtax.net, Washington

  17 February, 2018
  

  Antigua and Babuda's recent 2018 Budget imposed no new taxes despite ongoing fiscal challenges and a high debt to GDP ratio.
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  Tags: compliance | Tax | budget | investment | Antigua and Barbuda | Canada | offshore | international financial centres (IFC) | banking | tax compliance | tax | property tax

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