Business and Tax News - Jul 2019

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BUSINESS AND TAX NEWS - JUL 2019

Boris Johnson New Prime Minister : What Will Happen Next?

ELECTION

Boris Johnson New Prime Minister : What Will Happen Next?

We look at the financial effects of Boris Johnson taking the keys to Downing Street. Will the new prime minister really increase the higher rate tax bands?
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Up To 25 Percent Income Drop Expected For Nearly 200,000 Self Employed Workers

PERSONAL TAX

Up To 25 Percent Income Drop Expected For Nearly 200,000 Self Employed Workers

Finance Bill shows the expanded IR35 rules targeting the private sector from April 2020.
US Threatens Retaliation on Tech Taxes

GENERAL

US Threatens Retaliation on Tech Taxes

France has passed a tax into law, named GAFA for Google, Apple, Facebook and Amazon. The tax imposes a 3 percent levy on the annual revenues of these companies. UK set to follow.
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