tax

Chancellor Rachel Reeves is facing renewed calls to introduce a wealth tax, with economists, climate campaigners and high-net-worth individuals urging her to impose a tax on the UK's wealthiest citizens to help fund essential public…

More than 1,500 UK business and business leaders have signed a letter to Chancellor Rachel Reeves, urging her to reconsider proposed changes to corporate asset disposal relief (formerly known as Entrepreneur Relief), ahead of the…

The Ministry of Finance recently published a draft of a new law that includes a set of measures to increase revenues for the war-torn economy, some of which relate to real estate, and will have major repercussions for…

Benjamin Franklin, a well-known American statesman, said: “Nothing is certain in this world but death and taxes.” It's an observation that may now apply to cryptocurrencies, as Denmark plans to impose a ban New tax policy Targets…

Chancellor Rachel Reeves took in a record £2.2 billion in inheritance tax (IHT) receipts in the three months leading up to September, as anticipation grows for potential tax changes in her upcoming first Budget. According to…

Billionaire industrialist Mohan Goliath has lost an appeal against the Kenya Revenue Authority (KRA) to reject his Sh1,782,386 tax refund claim on a Range Rover imported from the UK nearly 17 years ago. High Court Judge Alfred Mapia…

Chancellor Rachel Reeves's upcoming Budget threatens to push the UK towards having one of the least competitive tax systems in the developed world, according to a major new analysis by the US-based Tax Foundation and the UK Center for…

Retailers have called on Chancellor Rachel Reeves to scrap the so-called “tourist tax”, warning that Britain is losing billions in economic growth as tourists choose to shop elsewhere in Europe. In a letter signed by more than 300…

The cryptocurrency industry is seeing a lot of activity this year, and not just because of new memes, coin pumps, or Bitcoin leading another rally. It has now become a hotly debated election issue, dividing voters and promising to…

The High Court has ordered the Jomo Kenyatta University of Agriculture and Technology (Jkuat) to pay a bill of Sh296 million in unpaid value-added tax (VAT) and interest after purchasing the ICEA building in Nairobi from an insurance…