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EU taxes on digital services, gambling, crypto could yield up to €11 billion per year – Commission

The European Commission is considering tax changes to fund the next EU budget, targeting digital services, gambling, and crypto assets. These proposals could generate up to €11 billion annually. The Commission is exploring these options to ensure a sustainable and fair funding model for the EU.

Euronews 12d ago

From tourist tax to digital ID: BBC correspondents on the key bills in the King's Speech

BBC correspondents look at some of the new bills Sir Keir Starmer's government wants to pass.

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[Written Question] Councillors: Income Tax

Question by: Zöe Franklin Answering Body: Treasury Question: To ask the Chancellor of the Exchequer, how councillor-related expenses should be reported under Making Tax Digital for Income Tax where a councillor also has self-employed or property income above the relevant threshold.

UK Parliament Written Questions 6d ago

[Written Question] Councillors: Income Tax

Question by: Zöe Franklin Answering Body: Treasury Question: To ask the Chancellor of the Exchequer, whether HMRC has issued guidance for councillors on the application of Making Tax Digital for Income Tax; and whether further guidance is planned.

UK Parliament Written Questions 6d ago

[Written Question] Councillors: Income Tax

Question by: Zöe Franklin Answering Body: Treasury Question: To ask the Chancellor of the Exchequer, whether councillors will continue to be able to claim allowable expenses against PAYE councillor income under Making Tax Digital for Income Tax; and what mechanism will apply for claiming such expenses.

UK Parliament Written Questions 6d ago

[Written Question] Councillors: Income Tax

Question by: Zöe Franklin Answering Body: Treasury Question: To ask the Chancellor of the Exchequer, whether councillors whose only income is a PAYE councillor allowance and related expenses are within the scope of Making Tax Digital for Income Tax.

UK Parliament Written Questions 6d ago

Meta hits out at Labor's plan to make tech giants pay for news

Meta hits out at Labor's plan to make tech giants pay for news Thu 4 Jun 2026 at 12:22pm In short: Meta, the parent company of Facebook and Instagram, has criticised Labor's proposed Media Bargaining Incentive. The plan would see large digital platforms taxed up to 2.25 per cent of Australian revenue unless they strike deals to pay for local journalism. The draft laws will be introduced into parliament later this year.

ABC Australia 6d ago

[Written Question] Income Tax: Self-assessment

Question by: Lord Mackinlay of Richborough Answering Body: Treasury Question: To ask His Majesty's Government how many letters about the requirement to file quarterly Making Tax Digital returns have been sent out in error to taxpayers whose qualifying income is below the initial £50,000 threshold; and if so, what has been the maili

UK Parliament Written Questions 9d ago

[Written Question] Taxation: Self-assessment

Question by: Harriet Cross Answering Body: Treasury Question: To ask the Chancellor of the Exchequer, what estimate she has made of compliance costs incurred by businesses as a result of Making Tax Digital requirements.

UK Parliament Written Questions 6d ago

Meta accuses Australia of breaching FTA, invokes US 'trade action'

Meta accuses Australia of breaching FTA, invokes US 'trade action' SYDNEY, June 4 : Meta accused Australia of violating a free trade agreement with the U.S. by proposing a new tax on certain tech giants which do not strike licensing deals with local media, escalating a dispute which has simmered for half a decade. The $1.6 trillion Facebook and Instagram owner said a proposal to tax platforms 2.25 per cent of all Australian revenue - including revenue unrelated to social media - was...

Channel News Asia 6d ago