Tag Archives: Tax

12May/23

Tsunami of taxes

By Kim Harrisberg | South Africa correspondent

Kenyan influencers’ popularity may soon be costing them, with the government recently proposing new taxes targeting the digital economy, including for content creators.

Under the Finance Bill 2023, multiple amendments aim to grow the government’s tax base which has seen substantial deficits resulting in even government salaries being delayed. Continue reading

14Mar/23

Budget 2023: government needs to show it can jack up growth to regain economic credibility

Steve Schifferes, City, University of London

UK chancellor Jeremy Hunt’s spring budget is a tricky one in terms of timing. Having announced a set of steadying measures in the autumn statement after the Truss/Kwarteng debacle, this budget is likely to be the last but one before a 2024 general election. This makes it a little early for eye-catching tax cuts or business boosts.

Continue reading

24Sep/22

Mini budget 2022: experts react to the new UK government’s spending and tax-cut plans

Phil Tomlinson, University of Bath; Andrew Burlinson, University of East Anglia; Catherine Waddams, University of East Anglia; Donald Hirsch, Loughborough University; Jean-Philippe Serbera, Sheffield Hallam University; Jim Watson, UCL; Jonquil Lowe, The Open University, and Steven McCabe, Birmingham City University

UK chancellor Kwasi Kwarteng has just launched the biggest package of tax cuts in half a century. This will involve around £45bn of reductions for people and businesses by 2027 – 50% more than anticipated before the mini-budget announcement.

Continue reading

24Sep/22

Mini budget: will Kwasi Kwarteng’s plan deliver growth?

Steve Schifferes, City, University of London

The UK economy has been dogged by slow growth for a long time. Combined with even slower growth in productivity, it has meant virtually no increase in living standards for the average family over the past decade.

Continue reading

23Sep/22

Multimillion-Dollar Oceanfront Estate on Grand Cayman Scheduled for Luxury Auction® Oct 7th

On October 7, 2022, a custom-built oceanfront estate in the Cayman Islands will be offered for sale at luxury auction®. Once asking $11.5 million USD, the luxe Caribbean property will now be sold to the highest bidder without reserve and regardless of the amount of the auction’s highest bid. Miami-based Platinum Luxury Auctions, a firm specializing in the non-distressed auction sale of luxury homes, was retained by the property owner to manage the sale. Cayman-based RE/MAX Cayman Islands, represented by brokers Kim Lund and Cindy Raymond, is the brokerage of record for the transaction. Continue reading