The Kingdom of Bahrain recently introduced a new law increasing the value-added tax (VAT) on goods and services from 5% to 10%. The new VAT rate entered into effect on 1 January 2022, with a one-year transition period. online pharmacy […]
The government of the Kingdom of Saudi Arabia (KSA) passed a new law increasing the Value-Added Tax (VAT) on goods and services from 5% to 15%. The VAT rate increase was announced on 11 May 2020, and entered into effect […]
On 1 January 2019, the government of British Columbia (BC) launched a new Employer Health Tax (EHT) to shift the health care system financial burden from employees to employers. The EHT is a tax levied on an annual payroll for […]
The Indian government passed the 2019 interim tax budget, which increased the standard deduction limit from INR 40,000 to INR 50,000. The change took effect on 1 April 2019. online pharmacy purchase flagyl online generic The standard deduction was initially […]
The government of New Zealand introduced a tax omnibus bill that amends several tax acts to include some minor changes to the KiwiSaver regime. The changes aim to improve and modernize the administration of the tax system. The Taxation Bill […]
online pharmacy buy flagyl online no prescription pharmacy Effective 1 January 2019, the Bahrain government passed a new Value Added Tax (VAT) law under Royal Decree No. 48 of 2018. This introduced a VAT at a 5 percent standard rate […]
Starting 1 January 2019, social security contributions will be levied by the tax authorities rather than social insurance administrative authorities. This change is part of the government’s ongoing efforts to increase compliance with social insurance contribution requirements while standardizing, and in […]
On 9 October 2018, the government of the Kingdom of Bahrain published the Value-Added Tax (VAT) Decree, Law No. 48, implementing VAT on 1 January 2019, for businesses with annual turnover above BHD 37,700 (USD 100,000). Implementing regulations are expected […]
Hungary will reduce or eliminate the tax advantages for many fringe benefits beginning 1 January 2019. This is a significant development as employee benefits in Hungary have historically been structured as cafeteria-style programs because of the tax favorability of such […]
After some delay, the French government will require employers to withhold income tax from employees’ earnings on a pay-as-you-earn basis starting 1 January 2019. This will be a significant change for both employers and employees, as income tax is currently […]