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What We're Watching Today is 1,386 words and a 9-minute read. Global China launches rocket from new spaceport, leaping forward in commercial space race China launched the Long March 12 [...]

At last week's Autumn Budget, the Chancellor announced wide-ranging changes to the UK's tax system, including, among other things, the abolition and replacement of the remittance basis, overhaul of business [...]

These legislative updates include notable adjustments to the capital gains inclusion rate change, bare trust reporting and graduated rate estate carry-back. The Canadian federal government introduced several legislative updates on [...]

On 30 October 2024, Chancellor Rachel Reeves delivered the Labour Government's UK Autumn Budget (the 'Budget'). It was widely anticipated that the Government would radically change how the UK taxes [...]

In the second of our industry-specific responses to the Budget, we look at how hospitality and leisure businesses can limit the impact of higher payroll costs on their prices. Pricing, [...]

In its 2024 Manifesto (the 'Manifesto'), as highlighted in our post-election Infrastructure Spotlight, the Labour Party made some ambitious commitments towards accelerating the UK on its path to net zero, [...]

Summary Yesterday, the Government announced that the CGT rates for carried interest arising on or after 6 April 2025 will increase to 32%, in line with the 4% increase to [...]

2025 Malta Budget The 2025 Malta Budget introduced several initiatives designed to support businesses, promote sustainability, and stimulate economic growth. The following measures represent the key takeaways that will primarily [...]

The UK Chancellor has delivered her first Budget ending months of speculation. Much of what was announced with respect to private wealth was expected, although there are a few surprises. [...]

On 30 October, the Autumn Budget was announced, confirming a myriad of tax changes. In what has certainly been the most anticipated budget in recent memory, Chancellor of the Exchequer [...]

Last Wednesday new Chancellor, Rachel Reeves, delivered her first budget and the first Labour Party budget for 14 years. Speculation as to the taxation, borrowing and spending measures that would [...]

Today (30 October 2024), the UK Chancellor, Rachel Reeves, presented her (much anticipated) first Budget - Labour's first in 14 years. Although the Labour Party had been open about their [...]

The Minister of Finance delivered the 2025 Budget Speech on 28 October 2024, announcing that the Maltese economy has grown by 5.9% in real terms in the first 6 months [...]

Malta Budget 2025 Main Announcements Revised Income Tax Brackets: Changes may result in tax savings between [euro]345 and [euro]675. Pension Income Tax Exemption: Increasing to 80% of pension income. OECD's [...]

The Malta Budget 2025, as introduced by Finance Minister Clyde Caruana, reflects a forward-looking approach aimed at achieving sustainable growth while maintaining fiscal discipline. With significant tax reforms, increased social [...]

As the UK prepares for the Autumn Budget on October 30, 2024, many entrepreneurs, stakeholders and investors are expressing growing concerns over potential changes to existing tax rates, in particular [...]

With the Autumn 2024 Budget fast approaching, individuals and families across the UK are preparing for potential changes that could significantly affect their financial, property, and legal plans. The budget, [...]

Ireland's Budget 2025 is characterised by its significant investment in infrastructure which has been described as an 'absolute priority' for the Irish Government. Strategic investment in water, electricity, transport and [...]

On 18 October 2024, Malaysia's Budget 2025 ('Budget') proposals were unveiled. Focused on revitalising the economy and fostering transformative growth, the Budget outlines tax incentives aimed at attracting both local [...]

FOREWORD On Friday, 27 September 2024, the Minister of Finance and National Planning, Dr Situmbeko Musokotwane, presented to the nation a ZMW217.1 billion National Budget for the 2025 fiscal year. [...]

On Budget Day, the Dutch government published several legislative proposals and amendments related to energy and environment. These proposals are to be discussed and adopted by the Dutch parliament in [...]

On 17 September 2024 (Budget Day 2024), the Dutch Ministry of Finance submitted the 2025 Dutch Budget to parliament. This budget contains various tax proposals for the coming year (Tax [...]

On Budget Day 2024, 17 September 2024, the Dutch government presented the 2025 Tax Package to the House of Representatives. The Cover Letter of the 2025 Tax Package (Cover Letter) [...]

With the end of the Monsoon Session of the Parliament, this edition of the Tech Ticker contains a little bit of everything. It brings you up to date with all [...]

Overview In the presentation of the Union Budget, 2024, Finance Minister, Ms. Nirmala Sitharaman, announced that one of the Government's priorities will be employment and skilling, with a particular focus [...]

Unemployment remains one of India's most pressing economic challenges, prompting significant budgetary reforms with the introduction of five schemes aimed at youth employment and skill development over five years1. These [...]

INDIAN UPDATES Union Budget of 2024-25 The Union Budget for 2024-25 was announced on 23rd July 2024, which proposed various changes to the direct and indirect tax regime of the [...]

The Union Budget, 2024, presented by the Finance Minister Ms. Nirmala Sitharaman on July 23, 2024, focuses on bolstering support for various vulnerable groups, including the poor, women, youth and [...]

Introduction This Compendium consolidates all the key developments pertaining to the Telecommunications sector which were circulated as JSA Newsletters/Prisms during January- June 2024. Telecom sector - Highlights from the interim [...]

India's Finance Minister yesterday (23rd of July) presented Union Budget 2024 with many changes across sectors. The proposals relating to customs duties, as per the speech of the Finance Minister, [...]

The Union Budget 2024-25, presented on July 23, 2024, is a strategic blueprint designed to enhance India's economic resilience and foster inclusive growth. It prioritizes agriculture, employment, infrastructure, and innovation, [...]

Foreword The Union Budget 2024 represents a pivotal moment in India's economic journey. The new government has presented a detailed roadmap for India's burgeoning future that would further solidify India's [...]

The Australian Government's Federal Budget indicates policy spend for 2024/25 will focus on actions to reduce Net Overseas Migration (particularly international student migration) and reforms to the migration system to [...]

On June 10, 2024, the Department of Finance Canada ('Finance') issued a Notice of Ways and Means Motion ('NWMM') that provided additional information and clarity on the measures proposed in [...]

> Introduction On February 1, 2024, the finance minister presented the Interim Budget. The annual budget will be presented following the Lok Sabha election. The Interim Budget: Emphasises the importance [...]

On June 20, 2024, the omnibus federal budget Bill C-69 received royal assent.1 As a result, the amendments to the Impact Assessment Act ('IAA') included in Bill C-69 came into [...]

'Keeping as our watch words the twin principles of responsibility and prudence'. Partner Stuart Dalmedo summarises some of the key measures of the 2024 Gibraltar Budget. Treaty Negotiations The Chief [...]

The Australian federal government's 2024/2025 budget introduces several significant reforms to the immigration system. These changes align with the December 2023 announcements in the New Migration Strategy. Overall, the reforms [...]

The Federal Budget for 2024-2025 was handed down on Tuesday 14 May 2024. As part of the Budget, the Albanese Government announced a number of changes to Australia's immigration framework [...]

The Federal Budget announcement on 14 May provided some insight into the migration program for the next financial year. These announcements align with the Migration Strategy and ongoing reforms we [...]

Introduction The Federal Budget has placed a strong emphasis on increasing support for housing development to address the current housing crisis by introducing over $6.2bn of new and additional spending [...]

The Spring Budget, announced by Jeremy Hunt in March 2024, confirmed an investment of £170 million to deliver 'a justice system fit for the modern era', with £55 million being [...]

Michael Bacina, Steven Pettigrove, Tim Masters, Jake Huang, Luke Higgins, Luke Misthos & Kelly Kim of the Piper Alderman Blockchain Group bring you the latest legal, regulatory and project updates [...]

The federal government has released further details of its foreshadowed Future Made in Australia Act (FMIA Act) in the 2024 Federal Budget (Budget). The FMIA Act will seek to bolster [...]

Treasurer Jim Chalmers delivered his third Federal Budget on Tuesday, 14 May 2024, featuring the promised details and costings of the recently announced Future Made in Australia Act, and more [...]

On Tuesday 14 May 2024 the Albanese-Chalmers Government released its third Budget since being elected, and forecasts a headline grabbing 'back-to-back' surplus. This Budget is an exercise in providing costs-of-living [...]

On April 30, the federal government (the Government) tabled the Budget Implementation Act, 2024, No. 1 (the Bill), which was tabled as a Notice of Ways and Means Motion on [...]

On April 16, 2024 (Budget Day), Finance Minister Chrystia Freeland tabled her fourth budget in the House of Commons (Budget 2024). The commentary in this bulletin focuses on measures in [...]

Are small businesses left to fend for themselves? On 14 May 2024, the Australian Federal Budget for the 2024-25 financial year will be released by the Treasurer, Jim Chalmers. The [...]

Labour, following the chancellor's adoption of two of its proposed tax policies, may now look to introduce other reforms The UK Labour Party set out a range of tax policy [...]