News

HLBI latest news:
14 Jan

Comparative analysis of Philippines 1997 tax code & amendments & repeals introduced by tax reform for acceleration & inclusion law

§Sale of goods to PEZA-0% §VAT exempt sale of residential lot-not more than Php 1,919,200.00 §VAT exempt sale of residential house & lot-Php 3,199,200.00 §VAT exempt lease of residential unit-Php 10,000.00 §Association dues, membership fees & other assessments & charges of homeowner’s association & condominium corporation-vatable §Transfer property pursuant to Section 40 (C) (2) of

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11 Jan

HLB International appoints member firm in Isle Of Man

HLB International, one of the leading global accountancy networks with presence in 140 countries, continues its growth with the recent signing of a new member firm in the Isle of Man, Affinity Management Services Ltd. Affinity Management Services Ltd. is based in Douglas, the capital city of the Isle of Man. Established in 2004, the

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11 Jan

Portugal’s Personal Income Tax and Pensions 2018 Update

Conceito, an HLB member firm in Portugal made an Analysis on Portugal’s Personal Income Tax and Pensions outlining the following: – Tax relief for tax payers inintermediate tax bands – Extension of coefficient 1 in the simplified scheme for the calculation of taxable income – Increased tax burden for self employed persons participating in the

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02 Jan

VAT in United Arab Emirates from 1 January 2018

UAE implements Value Added Tax on supply of goods and services from 1st January 2018. This introduction of VAT is part of a GCC-wide introduction. Currently, KSA apart from UAE will implement VAT starting 1st January 2018. The VAT in UAE shall be administered by Federal Tax Authority. Read More Get in touch with This

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12 Dec

French Social Security Contributions in Agriculture: Big News in 2018

The year 2018 will be marked, for farmers and agricultural employees alike, by an increase of the CSG compensated by a reduction of their social security contributions. Under the Social Security financing bill currently under discussion in Parliament, farmers and farm workers will benefit from a reduction in their social security contributions in order to

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10 Dec

New VAT rules on e-commerce

On 5 December 2017, the Council of the European Union adopted new VAT rules to simplify e-commerce. According to these rules: Simplification measures will apply to all intra-EU supplies of services from 2019 onwards. Taxable persons not exceeding an annual total value of EUR 10,000 in connection with such services may continue to apply the

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