Tax Cuts, Business Investment and Debt Reduction

Main Takeaways from the 2023 UK Autumn Statement Main national insurance rate to be cut by 2%, from 12% to 10% for 27 million people Full expensing of capital investment for businesses made permanent. Business investment to improve by £20bn per year according to estimates State pensions to rise by 8.5% from April 2024 Welfare

UK Conservatives eye tax cuts in budget

The Sunday Times reports that British finance minister Jeremy Hunt is considering cutting income tax or national insurance as they try to rescue their election hopes as they trail badly in polls. “We do want to bring down the tax burden but we will only do so responsibly,” Hunt told Sky News. “The one thing

Hong Kong to cut home purchase tax by 50%

Hong Kong will cut its home buying tax by half to 7.5%. Info via local media. — Chinese mainland and Hong Kong stocks have been on a tear today due to stimulus announcements. and China’s sovereign wealth fund buying ETFs: This news on the HK home tax will give property sectroi stocks another tailwind لینک

Indonesia president says rupiah’s drop still ‘safe’, flags tax incentives By Reuters

2/2 © Reuters. FILE PHOTO: A teller counts Indonesian rupiah bank notes at a money changer in Jakarta, Indonesia, October 14, 2022. REUTERS/Willy Kurniawan/File Photo 2/2 By Gayatri Suroyo and Fransiska Nangoy JAKARTA (Reuters) -Indonesia’s President Joko Widodo said on Tuesday the rupiah’s recent depreciation rate against the dollar was still “safe” for Southeast Asia’s

I take full responsibility for introducing windfall tax on banks

Share: Italian Prime Minister Giorgia Meloni crossed wires early Monday while giving an interview to the local newspaper, per Reuters. In doing so, the Italian leader took full responsibility of the early-month announcements of windfall tax on bank by terming it a serious matter. The policymaker also ruled out chatters about alliances for

Euro Outlook Improves on Bank Tax Clarity: EUR/USD, EUR/JPY, EUR/AUD

Euro (EUR/USD, EUR/JPY, EUR/AUD) Analysis European markets rebound positively to Italian bank tax clarity EUR/USD attempts to claw back yesterday’s losses EUR/JPY gears up for retest of yearly high on improved Euro sentiment EUR/AUD to retest yearly high after yesterday’s drop? The analysis in this article makes use of chart patterns and key support and