The Australian government is to revise its corporate tax take estimates for
the coming financial year following a $3.3bn (£1.65bn) decline in revenue based
on forecasts just three months ago.
The federal budget was announced by treasurer Wayne Swan yesterday, with the
official budget papers revealing a ‘sharper contraction in corporate profit’,
Corporate investment is expected to weaken sharply following the mining boom
of the past four decades, with an estimated 18.5% drop over the next 12 months.
The Rudd government will almost triple the value of debt securities on issue
to $300.8bn (£150.8bn) over the next four years, including $58bn (£29bn) this
MTD represents 'the single most significant change to the UK’s system of taxation in recent times', says Knill James partner Nick Rawson. So, how prepared are SMEs for digital tax reporting?
Legislation on the NICs changes to be brought forward in the autumn following publication of 'the full effects of the changes to Class 2 and Class 4' in the summer
The SME community voices concern about the chancellor's measures in the Spring Budget
Following chancellor Philip Hammond’s Spring Budget speech, we explore the key takeaways for businesses and individuals