After our Swiss focus last week, we
now turn our attention to all things Asia
Pacific, as the Hong Kong government deliberates
over the planned minimum
wage, whilst the SAR’s small businesses
chew their nails down the elbow…
The minimum wage has been on the cards
for a while now, with an estimated 314,000
workers in Hong Kong earning less than the
HKD28 that has been widely reported as the
intended minimum requirement, and legislation
setting up a framework for its imposition
was gazetted in July.
Just wondering if anyone had any tips on getting clients to pay up in a timely fashion?
Am a freelance writer, with a number of regular gigs with online and offline publications, but, with a couple of exceptions - which have just about kept my head above water some months - they're all pretty awful at paying up on time. The payments trickle through eventually, but often not without pushing from me.
It's really getting me down, and may well end up sinking me financially. So...what do you do?
I am not an Irish citizen but have been based in Ireland for many years. For the last 6 years I have worked overseas (outside EU) only spending max 6 weeks holiday a year in Ireland. For the time I have been overseas I continued to make an Irish tax return and there was no liability to foreign tax. It is possible that I will secure a 2 year contract overseas that will substantially increase my income. This new contract will require that I pay local income tax. What can I do to minimise Irish tax liability? It may be possible to have salary paid in a double tax agreement location if this would help.
I am looking to set-up as a sole trader in Ireland. One of my clients is an American company paying into my Irish account for work done. Do I have to pay taxes in both countries, or how does this work? Help!M
This feed is published daily with selected new or updated
content from across our network. For a list of network sites, many of
which feature daily news, see below.
Providing essential tax news and information for globally
mobile artists, contractors, entrepreneurs, professionals, small businesses,
sportspersons and entertainers.
Lowtax Network Sites
Lowtax Network Portal:
'Low-tax' business and investment in the top 50 jurisdictions covered in
exceptional detail.
Tax News: Global
tax news, continuously updated through the day.
Law & Tax
News: Daily news and background data on tax and legal developments
for international business.
Offshore-e-com:
A topical guide to offshore e-commerce focused on tax and regulation.
Lowtax Library:
One of the web's largest and most authoritative business and investment
information sources.
US Tax Network:
The resource for free online US taxation information, covering: corporate
tax, individual tax, international tax, expatriates, sales and e-commerce
tax, investment tax.
NEW! Personal
Business Tax Guide: Providing essential tax news and information
on business for contractors, entrepreneurs, professionals, small businesses,
artists, sportspersons and entertainers.
It was announced this week that the Provisional Minimum Wage Commission had reached agreement on the initial minimum wage level, and was preparing a report to submit to the Chief Executive making its recommendation. RSS
| Email Updates
Accounting and business advisory firm, Deloitte earlier this month launched the 2010/11 edition of its annual 'Entrepreneurship UK' poll, seeking to provide a snapshot of the attitudes and intentions of entrepreneurs across the country. RSS
| Email Updates
A survey recently undertaken by Swiss banking group, Credit Suisse, in conjunction with the Centre for European Economic Research (ZEW) has shown that there is increased optimism this month amongst the business community and the wider population with regard to the future of the Swiss economy. RSS
| Email Updates
As part of the lead-up to its implementation of the New Modern Apprenticeship (NMA) scheme, which aims to replace the traditional apprenticeship pathway (or A-Scheme), the Cypriot government has announced that new applications are now being invited from businesses seeking subsidies for the training of apprentices. RSS
| Email Updates
Drinks giant Diageo has joined the debate on alcohol tax reform in the UK by suggesting that all drink types should be taxed at the same rate. RSS | Email
Updates
The Canadian Finance Minister, Jim Flaherty, has announced the entry into force
of regulations to protect Canadians who use credit cards. RSS | Email
Updates
Given the country’s colossal deficit and the temporary nature of the government’s
plans to cut EUR10bn in tax breaks, French Budget Minister François Baroin
has reportedly indicated to parliamentarians that an increase in taxation may
prove necessary following the presidential elections in 2012. RSS | Email
Updates
It has been indicated that Pakistan’s government has made a decision, in
principle, to introduce additional tax measures to generate internal revenues
to provide part of the funds required for the country’s reconstruction after
the devastating recent floods. RSS | Email
Updates
The US President’s Economic Recovery Advisory Board,
chaired by for Federal Reserve Chairman Paul A. Volcker, has issued a report on options for changes in the
current tax system to achieve three broad goals: simplifying the tax system; improving
taxpayer compliance with existing tax laws; and reforming the corporate tax system. RSS | Email
Updates
Read more
13/07 
