Tax

Electric cars: What Norway can, others can’t

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« In #Norway, we don’t tax what we want but we #tax what we don’t want, this is something all countries should do. You can tax the most #polluting #cars and spend that money to lower taxes or to have no taxes at all on electric cars. » Christina Bu, secretary General of the Norwegian Electric Vehicles … Read more Electric cars: What Norway can, others can’t

Tax-free cash help coming for those who’ve lost their jobs due to Covid-19 pandemic

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The Government will pay $490 a week to people who’ve lost full-time work. Join the 6pm team as they bring you the latest news from here and overseas Daily at 6pm on TVNZ 1 Get more at: https://www.tvnz.co.nz/one-news On Demand – https://www.tvnz.co.nz/shows/one-news-at-6pm Facebook – https://www.facebook.com/1NEWSNZ Instagram – https://www.instagram.com/1newsnz Twitter – https://twitter.com/1NewsNZ

Kiwis who lost jobs due to Covid-19 crisis to get $490 a week income relief payment | nzherald.co.nz

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The newly jobless due to the Covid-19 crisis will be able to get $490 a week tax-free for 12 weeks. Full story: https://bit.ly/3gl6SUY Subscribe: https://goo.gl/LP45jX Check out our playlists: https://goo.gl/Swd249 Like NZ Herald on Facebook: https://goo.gl/tUC4oq Follow NZ Herald on Instagram: https://goo.gl/oLicXe Follow NZ Herald on Twitter: https://goo.gl/Wi6mbv

Coronavirus crisis: govt borrowing hits record level – BBC News

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Government borrowing has surged to its highest level on record, underlining the scale of the economic damage caused by the coronavirus pandemic. The deficit, the difference between government spending and tax receipts, soared to more than £62 billion in April, due to the level of financial support provided by the Treasury, to help businesses and … Read more Coronavirus crisis: govt borrowing hits record level – BBC News

Treasurer Josh Frydenberg says JobKeeper error is good news for Australian taxpayers | ABC News

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The number of people on JobKeeper has been revised down by 3 million, with Treasury and the Australian Tax Office (ATO) blaming businesses for making “significant errors” in their applications. The estimated cost of the program has been nearly halved from $130 billion to about $70 billion. Treasurer Josh Frydenberg joined Patricia Karvelas in Afternoon … Read more Treasurer Josh Frydenberg says JobKeeper error is good news for Australian taxpayers | ABC News

Repatriation of offshore finance to onshore: transnational legal orders & Cayman Islands experience

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A webinar hosted by the Cambridge Socio-Legal Group. May Hen-Smith is a PhD student in Sociology at Cambridge. She is a former tax collector from Canada Revenue Agency and studies offshore financial centres. She is also co-founder of the Cambridge Tax Discussion Group, a student-led discussion group which began in 2015 and continues to meet … Read more Repatriation of offshore finance to onshore: transnational legal orders & Cayman Islands experience

A new coronavirus crisis: Cities and towns face financial peril as pandemic drags on

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Across the U.S., cities, towns and villages are facing a new coronavirus problem. It’s an unfolding financial crisis, brought on by evaporating tax revenue from things like meals and shopping. Some localities may not make it, even after slashing budgets. One estimate sees 88 percent of cities having a budget shortfall in 2020 – and … Read more A new coronavirus crisis: Cities and towns face financial peril as pandemic drags on

Coronavirus: could taxes rise in the UK? | FT

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The surge in public spending and the impact of the coming recession are predicted to result in the UK growing a deficit exceeding £337bn. Join the FT’s personal finance editor Claer Barrett and tax expert Nimesh Shah to discuss how tax rises could impact the self-employed and UK businesses. Read more: https://www.ft.com/content/4a55681f-2916-4812-86e4-8d5c95b0df9f.

China imposes 80 per cent tariff on Australian barley | ABC News

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China has imposed a massive 80 per cent tariff on Australian barley imports from today, saying the product has been imported against trade rules. The import tax will remain in place for five years, and is expected to wipe out Australian sales into the lucrative market. Read more here: https://www.abc.net.au/news/2020-05-18/china-to-impose-tariffs-on-australian-barley/12261108 For more from ABC News, … Read more China imposes 80 per cent tariff on Australian barley | ABC News

Trump Calls Obama ‘Incompetent,’ Claims He Inherited Broken Economy

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President Trump called his predecessor former President Barack Obama “incompetent,” on Monday during a roundtable with restaurant industry executives at the White House. Trump claimed he inherited a broken military, tax system, and economy from Obama. Subscribe to our YouTube channel: https://bit.ly/2TwO8Gm QUICKTAKE ON SOCIAL: Follow QuickTake on Twitter: twitter.com/quicktake Like QuickTake on Facebook: facebook.com/quicktake … Read more Trump Calls Obama ‘Incompetent,’ Claims He Inherited Broken Economy

Trump’s Supreme Court tax case, explained

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The Post’s David A. Fahrenthold explains the complicated case to unseal President Trump’s tax returns before the Supreme Court. Read more: https://wapo.st/2Ak7FoL. SPECIAL OFFER: To thank you for your support, here’s a deal on a Washington Post digital subscription: $29 for one year http://washingtonpost.com/youtubeoffer. Subscribe to The Washington Post on YouTube: https://wapo.st/2QOdcqK Follow us: Twitter: … Read more Trump’s Supreme Court tax case, explained

Government to reopen housing market, as house moves and viewings resume

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The UK government has announced that from Wednesday anyone in England can move house if they follow the new guidance. When the lockdown was announced in March, more than 450,000 people’s home-moving plans were put on hold. But from today, estate agents can reopen, show homes can reopen and removal companies are able to restart. … Read more Government to reopen housing market, as house moves and viewings resume

Boris Johnson under fire as Keir Starmer raises care home lockdown deaths in PMQs

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Boris Johnson is facing a building storm over care home guidance after today’s clash with his Labour counterpart. Sir Keir Starmer asked why Government advice at the start of the outbreak had said it was “very unlikely that people receiving care in care homes will become infected”. But the Prime Minister said this “wasn’t true”. … Read more Boris Johnson under fire as Keir Starmer raises care home lockdown deaths in PMQs

Rishi Sunak says UK faces ‘significant recession’ as economy shrinks 2 per cent in first quarter

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The Chancellor said it is ‘no surprise’ the UK economy shrank by 2% in the three months to the end of March, as the UK faces “severe impact” from the coronavirus. However, Rishi Sunak also said he is planning for a ‘strong’ and ‘swift’ economic recovery. It comes as The Telegraph can reveal that a … Read more Rishi Sunak says UK faces ‘significant recession’ as economy shrinks 2 per cent in first quarter