News Archive

Taxation: Council agrees on the postponement of certain tax rules

To address the severe disruptions created by the COVID-19 pandemic, the EU will allow more time to comply with rules on cross-border information reporting and exchanges and VAT for e-commerce

VAT has always been a stealth tax – it's about time we cut it

Rishi Sunak plans to cut VAT, but when Labour chancellor Alistair Darling did the same after the financial crisis he was derided

Boris Johnson given grave warning as UK faces income tax, national insurance AND VAT rise

BORIS Johnson has been warned that if he reneges on his election pledge to rule out raising personal taxes he will damage both the economy and public trust in his government

The Coming Sovereign Debt Crisis Will Give Birth to New Investment Migration Programs

COVID-19 may well give rise to the mother of all economic crises. Fortunate, then, that economic crises are the father of investment migration programs

Special Issue of Investment Policy Monitor: How investment policies are responding to COVID-19

A special issue of UNCTAD's Investment Policy Monitor presents the latest developments in national and international investment policies in response to the coronavirus pandemic

UK Announces Plastics Tax, Business Rates Relief In 2020 Budget

The UK's 2020 Budget, released on March 11, 2020, includes proposals to waive business rates on small retailers, to introduce a new tax on plastics, and to remove value-added tax on electronic publications

UK's IR35 Reforms Delayed For One Year

The UK Government has announced that the expansion of the off-payroll working rules, known as IR35, will be delayed until April 2021, in light of the COVID-19 outbreak

EU To Soon Launch Tax And Trade Talks With UK

The European Commission has taken the first step toward negotiating a new relationship with the UK by issuing a recommendation to the European Council that the talks should commence.

Will the Bank of England still cut interest rates?

The latest PMI data on manufacturing and services output in the UK indicates that the economy rose at a quarterly rate of 0.2% in January.

UK Reports On Adoption Of EU's DAC6 Tax Scheme Reporting Rules

On January 8, 2020, the UK Government released a policy paper setting out how the UK will temporarily adopt the "DAC 6" EU disclosure requirements on intermediaries that design or sell potentially harmful tax schemes.

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