Monthly Archives: August 2015

China Puts VAT on Fertilizer

China has announced a 13% rate of VAT on fertilizer. The tax will apply to both domestic supplies and imports. Eamon McNicholas Tax Barrister, Accountant http://www.EamonMcNicholas.com Advertisements

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Labour – Same Old Big Tax Big Waste

The Labour leadership election campaign shows the party regressing to its core big tax big waste mantra. High tax high spend or low tax low spend are really just different ways to the same end. Some countries, such as Scandinavia, … Continue reading

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VAT and Airport Shops

Airport shops charging the same prices to travellers going outside the EU as inside, then claiming back the VAT from HMRC for outside-EU travellers, are technically speaking doing nothing wrong tax-wise. The problem is more with consumer pricing, data protection, … Continue reading

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UK Treatment Denied & UK Pays for Euro-NHS – Anti UK Discrimination?

Seems anyone who can get hold of a UK paid for European Health Insurance Card (EHIC) can get health treatment in Europe funded by the UK NHS. EHIC cards are handed out freely to anyone in the UK, but now … Continue reading

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China Planning a Nationwide Property Tax

China is planning a new nationwide property tax from 2017. Details are yet to be announced by the National People’s Congress. But it might be a form of withholding land tax, after the pilot schemes introduced in Shanghai and Chongqing … Continue reading

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Greece to Use Banks to Collect VAT at Source

Greece has brought in a law to make banks collect VAT at source out of B2B transactions over €3,000 and B2C over €1,500. The idea is the banks hand over the VAT to the tax authorities inside a week, so … Continue reading

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Ghana sets up a Tax Collection Taskforce

Ghana has a new revenue collection taskforce aimed at increasing tax compliance and revenues. The Ghana Revenue Authority (GRA) set up the new office for this year. It will help the regional, or zonal, offices raise the tax take across … Continue reading

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