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          Tax

          Read the latest tax news and policy updates from around the world

          UAE corporate tax: Regulations on trade to consider

          EconomyMarch 18, 2024
          A Burberry outlet in London. A Conservative MP says tax-free shopping would benefit the UK economy significantly by attracting more custom from GCC countries. Bloomberg

          MP joins call for return of ‘no-brainer’ UK tax-free shopping

          UKMarch 12, 2024
          For banks that pay corporate tax, that rate will be deducted from the annual 20 per cent tax. AFP

          Dubai’s new tax law on foreign banks expected to help lenders

          BankingMarch 10, 2024
          British expatriates are drawn to the UAE for the lifestyle. Getty Images

          British expats could be winners in inheritance tax shake-up

          MoneyMarch 09, 2024
          Chancellor of the Exchequer Jeremy Hunt leaves 11 Downing Street, London, with his ministerial box before delivering his budget. PA

          National Insurance cut likely as Hunt reveals pre-election Budget

          UKMarch 05, 2024
          Failing to initiate the registration of your business for corporate tax on time will bring a Dh10,000 penalty. Silvia Razgova / The National

          UAE corporate tax: What’s missing and why it matters

          CommentMarch 04, 2024
          France's Minister for Economy and Finance, Bruno Le Maire, in Brazil on February 28. AFP

          France calls for global minimum tax on super-rich

          EuropeFebruary 28, 2024
          A British Airways Airbus A380-841 takes off from Heathrow Airport. The airport has returned to profitability for the first time since the Covid pandemic severely impacted global air travel. PA

          Soaring international travel lifts Heathrow back into profit

          BusinessFebruary 21, 2024
          The UAE is learning details of the latest version of the country's pensions sector, whose launch is imminent. The National Staff

          UAE's gratuity system has corporate tax implications

          CommentFebruary 19, 2024
          A Louis Vuitton shop window in London. Luxury retailers, hoteliers and restaurateurs claim the loss of tax-free shopping for international visitors to the UK has lured tourists away from London. AP

          GCC tourists could be lured back to UK with return of tax-free shopping

          Travel and TourismFebruary 13, 2024
          The Departure Hall in Heathrow Terminal 3. Heathrow has joined the call for Chancellor Jeremy Hunt to re-instate tax-free shopping for tourists in his budget next month. Reuters

          Heathrow warns tourist tax has grounded growth

          BusinessFebruary 12, 2024
          Retailers are calling for the reinstatement of tax-free shopping for international tourists, arguing that the halting of it has cost billions of pounds and thousands of jobs in the past three years. Reuters

          Tax-free shopping could make swift return for UK-bound tourists

          BusinessFebruary 05, 2024
          Business owners in the UAE must ensure adherence to corporate tax guidelines, including claims for cars and phones. Silvia Razgova / The National

          Freelancers need to focus on details to stay aligned with UAE corporate tax

          CommentFebruary 05, 2024
          Shadow chancellor Rachel Reeves addressing 400 business leaders at the Kia Oval, London, during the launch of Labour's plan for business. PA

          Election frontrunner Labour bats for UK business

          BusinessFebruary 01, 2024
          Retailers say the number of high spenders visiting London has dropped in comparison to rival European markets. Getty Images

          Britain urged to lure back Gulf's big spenders with tax-free shopping

          UKFebruary 01, 2024
          Like VAT, the correct supporting documentation is required for any corporate tax deduction against taxable income. Silvia Razgova / The National

          UAE corporate tax: Personal versus business assets

          CommentJanuary 22, 2024
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