Helen Grant, newly-appointed UK Minister for Sport, Tourism and Equality has heaped praise on the hospitality and tourism sector for its financial contribution to the UK and for its “sharp focus” on, and success in, creating jobs. Those in the sector are hopeful the praise will increase the chances of a VAT cut for the industry in George Osborne’s upcoming Autumn Statement.
Unlock this content.
The content you are trying to view is exclusive to our subscribers.
Sector-specific business taxes, private equity tax treatment reform and changes to the taxation of non-residents are all on the cards for the UK, authors from Herbert Smith Freehills Kramer predict
The UK’s Labour government has an unpopular prime minister, an unpopular chancellor and not a lot of good options as it prepares to deliver its autumn Budget
The streaming company’s operating income was $400m below expectations following the dispute; in other news, the OECD has released updates for 25 TP country profiles
If it gets pillar two right, India may be the ideal country that finds a balance between its global commitments and its national interests, Sameer Sharma argues