Blog Posts - Tax Cuts

Italy PM Renzi says tax cuts necessary as growth stutters

Italian Prime Minister Matteo Renzi on Thursday said he would cut taxes next year because it is the only way to ensure faster growth, appearing to shrug off any likely opposition from European Union budget hawks.
by TaxWorldWeb on Sep 1, 2016

Education spending beats company tax cuts, say economists

Spending on education will produce a bigger economic growth dividend in the long term than cutting corporate tax, according to a new survey of economists.
by TaxWorldWeb on Jun 21, 2016

Cut tax on North Sea to rescue oil and gas sector, PwC says

A tax cut on North Sea firms would rescue the UK’s oil and gas sector and safeguard future revenues for the Treasury, PwC has claimed.
by TaxWorldWeb on Mar 8, 2016

Tax cuts still on the agenda

The Government is sticking to its spending plans, including possible tax cuts, despite a slowdown in economic growth, Prime Minister John Key said in his formal statement to Parliament this afternoon.
by TaxWorldWeb on Feb 9, 2016

Tax cuts still on the agenda

The Government is sticking to its spending plans, including possible tax cuts, despite a slowdown in economic growth, Prime Minister John Key said in his formal statement to Parliament this afternoon.
by TaxWorldWeb on Feb 9, 2016

Cuts to go ahead at Brent Council despite slight respite and worse to come

The First Reading of the Budget will take place on Monday at Full Council.  The report details a wider measure of uncertainty that usual regarding the impact of government legislation as well as specific figures from government. The report sugge...
by wembleymatters on Nov 21, 2015

Romania announces more tax cuts as fiscal loosening continues

The Romanian government announced on Tuesday that it would cut a tax on dividends payments and lower value-added tax on water starting next year, the latest in a series of measures that have sparked warnings about the future health of its finances.
by TaxWorldWeb on Oct 27, 2015

Francois Hollande promises French voters 2 billion euros in tax relief

French President Francois Hollande pledged a new round of tax cuts next year worth two billion euros ($2.23 billion) as he battles to cut high unemployment and win back voters ahead of a 2017 presidential election.
by TaxWorldWeb on Sep 7, 2015

Tax rates must fall, says Treasurer Joe Hockey

Australia is suffering an “unsustainable risk” from high personal taxes that must be brought down to encourage growth and boost jobs, Joe Hockey will declare today in a move to set a reform agenda for the next election.
by TaxWorldWeb on Aug 9, 2015

Romania: Parliament to vote on tax cuts that president nixed

Romania’s center-left ruling party will recall Parliament from its summer recess to vote on a redrafted series of tax cuts after the president refused to pass the previous proposals into law.
by TaxWorldWeb on Jul 28, 2015

Government rejects trade union call to curtail tax cuts

The Government has spurned demands from trade union chiefs to curtail tax cuts next year in favour of increased spending on services.
by TaxWorldWeb on Jul 16, 2015

Budget 2015: Modest tax cuts flagged for 2017

Potential “modest” tax cuts are being flagged for 2017, even as the Government expects a wafer-thin surplus in the coming year.
by TaxWorldWeb on May 21, 2015

Germany promises €1.5bn tax cut for 2016

Angela Merkel’s government is planning to give German taxpayers a €1.5bn tax cut next year, in a surprise handout from a generally parsimonious administration.
by TaxWorldWeb on May 8, 2015

Tax cuts to focus on USC rather than top-rate earners

The majority of tax cuts in the Coalition’s last budget before the general election will focus on the unpopular universal social charge (USC), rather than cuts to rates of income tax.
by TaxWorldWeb on May 6, 2015

Romania PM says does not rule out tax cuts by end-2015

Romania’s Prime Minister Victor Ponta said on Monday he did not not rule out tax cuts before the end of this year and pledged to meet a full year fiscal deficit target of 1.8 percent of gross domestic product agreed with the IMF.
by TaxWorldWeb on Mar 17, 2015

Tories step into Brent Labour's Council Tax Row

Brent Central Conservatives released the foloowing Press Release yesterday --> The Conservative Prospective Parliamentary Candidate for Brent Central has called for the Labour controlled Brent Council to cease its internal argument over...
by wembleymatters on Feb 19, 2015

Brent Council: those who survived the axe (for now) and the victims

The cuts recommended to the Cabinet have now been published LINK. As expected the gap between the cuts of £54m required over two years and the £60m actually tabled during the consultation enables the Council to claim to have saved some services.Des...
by wembleymatters on Feb 13, 2015

Needs of vulnerable more important than potential tax cuts

Catholic social justice agency Caritas says the needs of the poorest and most vulnerable in New Zealand today are more important than potential tax cuts in 2017.
by TaxWorldWeb on Feb 11, 2015

Why Huckabee’s “Fair Tax” is so unfair (and un-Christian)

As Mike Huckabee ramps up his 2016 presidential campaign, we’re going to hear him speak quite a bit about abolishing the IRS, eliminating income tax, and implementing a consumption tax that he and others call, “The Fair Tax.” Instead of having...

Council Tax increase of 1.99% would raise £1.4m over two years and add £21 to Band D residences

The debate on a possible Council Tax rise of 1.99% may be helped by the following figures I have obtained from Brent Council:A council tax increase of 1.99% would provide £1.7m (gross) and £0.7m (minus the freeze grant) in each year. Therefore the...
by wembleymatters on Feb 6, 2015

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