The United Arab Emirates has ruled out the imposition of any income tax on individuals as its seeks alternative sources of revenue to counter the impact of falling oil prices on the government’s budget.
With a date of 23 November now set for chancellor Philip Hammond’s first autumn statement, AJ Bell senior analyst Tom Selby has outlined five questions Hammond needs to answer when he takes to the despatch box.
The OECD’s head of tax has warned that the UK could be even more aggressive in its post-Brexit tax offering, as chancellor George Osborne announces plans for further cuts to corporation tax.
Reforms announced by chancellor George Osborne earlier this month could mean that non-UK domiciles are thousands of pounds better off if they hold onto their overseas assets until after they change their status, Rachael Griffin, the financial planning expert at Old Mutual Wealth, has said.
A number of tax measures announced in Singapore’s budget last Thursday are aimed at spurring growth in the country’s small and medium-sized enterprise sector (SME) and encouraging the internationalisation of local businesses.
Members of International Adviser’s Tax & Technical Panel give their views and insights on chancellor George Osborne’s latest budget announcement.
Whether you support or oppose chancellor of the exchequer George Osborne and his party, it is hard to argue he is not a shrewd operator and a safe pair of hands for the British economy.
Chancellor George Osborne stood before the House of Commons and delivered yet another budget on Wednesday. Among the usual pithy remarks, the chancellor outlined another set of changes to the UK’s finances.
A further crackdown on international tax avoidance aimed at raising £12bn (€15.2bn, $16.9bn) will include restrictions on royalty payments, interest payments and use of losses, UK chancellor George Osborne revealed in Wednesday’s Budget details.
The UK chancellor George Osborne has abandoned plans to shake up the pension tax system in this month’s budget after pressure from Conservative MPs, according to media reports.
Chancellor of the exchequer George Osborne is under increasing pressure to ‘play it safe’ and not overhaul the UK pensions system when he reveals his budget in 12 days’ time.
Royal London chief executive Phil Loney has slammed the idea of a Pension ISA, just five weeks before Chancellor George Osborne gives his next budget speech.
