Tag Archives: finance

China Improves Tax Breaks for Small Enterprises

China’s MoF (Ministry of Finance) has agreed that small and micro sized enterprises will be defined as having incomes up to RMB100,000 with effect from 1/Jan/14, up from the previous limit of RMB60,000. Such enterprises will now be able to … Continue reading

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Finance Bill Published

The Finance (No.2) 2013-14 Bill has been published today. A copy can be seen on Parliament’s website which also helpfully tracks the progress of the Bill. A little light reading for tax fans ! http://services.parliament.uk/bills/2013-14/financeno2.html Eamon McNicholas Tax Barrister, Accountant … Continue reading

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Finance Bill Due 21st March

Following the Budget the Finance Bill will be published on Thursday 21st March. Every Budget produces lots of political spin, but it is only when the fine detail is published that the real deal can be analysed. Eamon McNicholas Tax … Continue reading

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1.9% Rise in German Tax Revenues

I must say that Angela Merkel, the German Chancellor, has put up a good show by making the German economy the pillar of her 3rd term campaign, with her “solid finances” and “strong economy” slogans, higher income tax revenues, wage … Continue reading

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HMRC excludes transactional discretionary fees from VAT

“HMRC has confirmed that transactional fees for discretionary management services will not need to include VAT, following last year’s landmark European Court of Justice judgment. The case involved Deutsche Bank’s discretionary services and whether VAT should be charged for ongoing … Continue reading

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