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Dear Reader

Well, it’s been a funny old week for Europe’s smallest businesses, with the news -- following a vote in the European Parliament -- that micro-businesses may be spared a few metres of red tape (in the form of an exemption from the requirement to draw up annual accounts) swiftly followed by a condemnation of the measure from UEAPME (the European Association of Crafts, Trades and Small and Medium-sized Enterprises), one of the groups likely to be directly affected by the change, which argued that as the plans include a right for member countries to allow the exemption or not, this may create an uneven playing field, with different EU countries either allowing or disallowing the exemption.

The Association went on to warn darkly that MEPs had agreed to allow EU members to add “further unspecified obligations to exempted micro-companies". Scary stuff!

Here in the PBTG broom cupboard, where the extremes of weather which had such an impact on small businesses in the UK go unnoticed (it’s very hard to see through the keyhole, you understand…), we haven’t been resting on our laurels following the launch of our shiny new site, with new Hungary and Romania summary sections added to the existing stable of European countries.

This stuff doesn’t write itself, however, so I shall bid you adieu until next week, and return to prodding PBTG staffers with broom handles (a surprising effective motivational technique…!)

Caroline

(Broom Cupboard Ed)



 

 

Individual Business Briefing

Hong Kong's SMEs On Tenterhooks Over Minimum Wage

Wednesday 1/9/2010
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.
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Deloitte Seeking Views Of UK Entrepreneurs

Wednesday 25/8/2010
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



Future Brightening For Swiss SMEs

Tuesday 24/8/2010
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.
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Cyprus Calls For New Applications For Apprenticeship Subsidies

Wednesday 18/8/2010
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.
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Gulf Businesses Confident, Survey Reveals

Thursday 12/8/2010
Businesses in Gulf Cooperation Council countries have been described as 'realistically optimistic' in a recent poll.
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Latest Comments

Purchasing investment-link insurance for my staff

Would that count as income tax to my staff? And would that count as expense to my company?Michael

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Late Payments

Hi all,

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?

TIA for any help!Roger

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Offshore Firm Formation and Tax Laws

Hi there :). Do any 1 find out how can i download and read Tax Procedures for United states in file format?AJGreg

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Woking Overseas

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.

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Foreign Contract

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

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New On The Network Today

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.

 
02/09 New Lowtax Editor Column, by Kitty Miv
01/09 International Privacy and Security, Investors Offshore special feature
31/08 Lowtax Belize, annual update
27/08 IRS To Drop UBS Lawsuit, Tax-News.com
26/08 New Lowtax Editor Column, by Kitty Miv
25/08 New PBTG Editor Column, Caroline, PBTG editor
24/08 Uruguay Stays On OECD Grey List, Tax-News.com
23/08 Don't Forget Doha, And I Don't Mean The Tennis, Jeremy Hetherington-Gore blog entry
20/08 Ireland Plans Social Security Overhaul, Tax-News.com
19/08 New Lowtax Editor Column, by Kitty Miv
18/08 New PBTG Editor Column, Caroline, PBTG editor
17/06 Lowtax Cayman Islands, annual update
16/08 Germany's Fiscal Court Seeks Property Tax Reform, Tax-News.com
13/08 Jurisdiction Special Focus: Antigua and Barbuda, Investors Offshore special feature
12/08 New Lowtax Editor Column, by Kitty Miv
11/08 New PBTG Editor Column, Caroline, PBTG editor
10/08 Brazil Cuts Import Tariffs, Tax-News.com
09/08 Ukraine Tax Code Published, Tax-News.com
06/08 France Plans Reform Of Property Tax Credit, Tax-News.com
04/08 New PBTG Editor Column, Caroline, PBTG editor
02/08 Islamic Finance - The New Mainstream Alternative, Investors Offshore special feature
28/07 New PBTG Editor Column, Caroline, PBTG editor
27/07 UK Launches Raft Of Tax Consultations, Tax-News.com
26/07 Fat Tax On The Menu , Jeremy Hetherington-Gore blog entry
23/07 Sarkozy Seeks 'Fiscal Convergence' With Germany, Tax-News.com
20/07 Singapore Base For Tuvalu OIFC, Tax-News.com
15/07 St Vincent & The Grenadines, Investors Offshore special feature
13/07 Tax- News.com Jersey Review 2010-2011
12/07 Goodbye To All That, Jeremy Hetherington-Gore blog entry
06/07 Hong Kong Full PBTG Guide, added to Personal Business Tax Guide
28/06 Lowtax Dubai, annual update
18/06 Singapore - Another Hong Kong?, Investors Offshore special feature
15/06 Swiss Parliament Approves UBS Agreement, Tax-News.com
08/06 Dubai Full PBTG Guide, added to Personal Business Tax Guide
04/06 Lowtax Panama, annual update
01/06 Lowtax Luxembourg, annual update
03/03 Personal Business Tax Guide, PBTG, has launched!
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.
Investors Offshore: The independent offshore and alternative investment guide for expatriates and the globally aware investor. Sponsored by HSBC Bank International.
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.