Hong Kong student numbers at UK private schools experienced a record decline after Britain imposed a 20 per cent tax on fees last year, with total enrolment falling by 17 per cent and new admissions down by 26 per cent. A consultant specialising in student recruitment for British private schools said enrolment levels had returned…
The State Council has approved draft regulations for implementing China’s new value-added tax (VAT) law, which is aimed at governing the country’s largest source of tax revenue and set to come into effect early next year. The regulations, released for public consultation in August and approved on Friday, outline detailed rules for enforcing the VAT…
Rachel Reeves is reportedly considering raising income tax in November’s budget, as well as a new mansion tax on properties worth over £2m. Economists have suggested the chancellor will need to find between £20bn and £50bn to meet her goal of balancing day-to-day spending with tax receipts in 2029/30, and at least maintaining a buffer…
China now has two ways to sell electric cars in the Chile EV market without an import tax. Besides the China–Chile trade deal, Chile said EVs (electric vehicles) made in Indonesia can also enter at 0% under IC-CEPA (Indonesia–Chile Comprehensive Economic Partnership Agreement). After Santiago’s nod, Indonesia’s carmakers’ group says … Source link