The National Living Wage
Britain’s businesses urged by the Government to be prepared to pay the National Living Wage.
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Britain’s businesses urged by the Government to be prepared to pay the National Living Wage.
The Office for National Statistics has published data, which shows that more UK businesses opened their doors in 2014 than at any point since 2000. It is estimated that 351,000 businesses were started, which is an increase of 1% in comparison with the year before. It does however not specify how many of these were…
Rental price growth of London skyscrapers outpaces the rest of the world According to real estate firm Knight Frank, office rents in London are growing faster than in any other major city around the world. Growth in towers like the Shard and the Cheesegrater has increased by 10.7% in the last six months ahead of…
Plans for local government to gain new powers and retain local taxes set out by George Osborne On 5 October the Chancellor set out plans to devolve new powers from Whitehall to local areas to promote growth and prosperity by attracting business and creating jobs. Local government will be able to retain 100% of local…
Employment rate in the UK has reached a new record high – it now stands at 73.7%; furthermore the unemployment rate has also reduced to 5.3%. This is the lowest it has been since early 2008 and according to the latest figures from the Office for National statistics is reaching pre-recession levels. In the second…
How to avoid the risk of requalifying authorisation agreements into employment agreements?
The Swedish Supreme Court has taken up a case concerning a 63-year-old accountant who, through a limited company registered in the UK has helped other Swedish companies abroad to post revenues and expenses. However later the clients’ accounts were audited, several of them were convicted for economic crimes and accounting fraud in Sweden. The accountant…
The Estonian Parliament passed the Social Tax, Income Tax and other Acts Amendment Act On 15 June 2015. The Act comes into force in stages. The first amendments come into force on 01.01.2016. The main tax amendments The social tax rate will reduce. The social tax will be 32.5 % instead of the current 33…
Starting from April 2015 it is possible to apply for the Estonian e-Residency in Estonian embassies and consulates general all over the world. What will change? Previously an applicant had to make two visits to the Estonia Police and Border Guard office to apply for e-Residency. First, to apply for the e-Residency and the second…
From the 1st of January 2015 the new VAT order will begin to apply to B2C electronic services providers due to directive 2008/8/EC of the European Commission. The specified services will start to be taxed in the country where the recipient of the service is located. Which electronic services will taxation change for? The changes…