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EMEA Morning Briefing: Stocks Seen Mixed as Investors Weigh Recession Risk

EMEA Morning Briefing: Stocks Seen Mixed as Investors Weigh Recession Risk
morningstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from morningstar.com Daily Mail and Mail on Sunday newspapers.

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Tax policy and net zero – the black hole that needs addressing

It is important for certain businesses, such as those in carbon-intensive sectors, to keep informed of tax developments as the economy's net zero transition progresses. Discussion of tax policy in this context often focuses on support for taxes to penalise fossil fuel usage and encourage businesses to implement eco-friendly practices. This article considers why UK tax policy urgently needs reviewing to manage the significant fiscal risks of the economy's net zero transition.

United kingdomHuw merrimanOffice for budget responsibilityClimate change committeeDepartment for businessResearch briefingBudget responsibilityAlthough her majestyNet zero reviewPenny simmonsPinsent masonsTax statisticsCommons briefingTen point planGreen industrial revolutionPolicy paper

SARS wants more tax – here s how much the average taxpayer earns in Joburg, Cape Town and Durban

SARS wants more tax – here s how much the average taxpayer earns in Joburg, Cape Town and Durban
businesstech.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstech.co.za Daily Mail and Mail on Sunday newspapers.

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A revamped South African Revenue Service reels in big f

In a wide-ranging interview with the SA Revenue Service Commissioner Edward Kieswetter, we discovered the taxman’s plan to target high-net-worth individuals while also widening the tax-paying net.

South africaUnited kingdomSouth africanSouth africansPravin gordhanEdward kieswetterAngelika goligerInternational monetary fundAfrican revenue serviceSouth african revenue serviceCommissioner edward kieswetterTax statistics

Afflicted Economy or Internal Inefficiency – SARS to Answer for Collection Shortfall

In a media statement from 07 October 2020, Commissioner of the South African Revenue Service (“SARS”), Edward Kieswetter announced a deficit of R800-million, which shortage, he stated, needs to be recovered in order for SARS to operate efficiently again. Kieswetter further cited that there are around 800 critical vacancies in the organization that need to be filled.

South africaSouth africanEdward kieswetterTax administrationCall centre consultantAfrican revenue serviceSouth african revenue serviceCentre consultantTax statisticsTerm budget policy statement speechTax ombud annual reportTax debtTax administration act