The UK Government announced that Corporation Tax will increase to 25% from April 2023 confirming that the UK’s corporate tax regime will still remain competitive and supportive of growth continuing to be the lowest rate in the G7.
Legislation will be introduced in Finance Bill 2021-22 to change sections 8 and 9 of the Income Tax Act 2007 to increase the rates of tax applicable to dividend income including the dividend trust rate.
The country code EU in the UK Trade Tariff and the Customs Handling of Import and Export Freight (CHIEF) system is no longer valid in any data field from 8 February 2022.
Distance selling within EU countries. The new threshold for distance selling of B2C goods between EU member states and Northern Ireland is a single pan-European threshold of €10,000 (£8,818).
Belluzzo International Partners is a multidisciplinary, international and independent professional boutique that provides consultancy in the areas of Wealth, Law, Tax, Finance.
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