The government may reduce the corporate tax rate in fiscal 2024-25 to encourage compliance and boost collection, with the National Board of Revenue likely proposing a 2.5 percentage point reduction for both listed and non-listed companies.
The government may reduce the corporate tax rate in fiscal 2024-25 to encourage compliance and boost collection, with the National Board of Revenue likely proposing a 2.5 percentage point reduction for both listed and non-listed companies.
British Prime Minister Rishi Sunak is determined to send asylum seekers to Rwanda as a deterrent for migrants arriving in small boats. The UK government has been trying to deport migrants to stop the flow, arguing that the crossings are risky and benefit criminal gangs. Critics believe sending asylum seekers to Rwanda is inhumane and raises concerns about human rights. Sunak’s new law limits individuals’ appeal options and overrides previous court rulings. The first flights to Rwanda are expected to take off in 10 to 12 weeks, despite opposition from charities, rights groups, and unions.
The US State Department’s annual report on human rights in Cyprus highlights concerns in both the Republic of Cyprus and the occupied areas. In the Republic of Cyprus, issues include interference with NGOs, refoulement of asylum seekers, and violence against minorities. While the government has taken steps to address abuses, instances of impunity remain. The occupied areas face harsh prison conditions, restrictions on media and assembly, and widespread corruption and impunity. The report also notes that elections in the Republic of Cyprus are considered free and fair, and freedom of expression for the media is generally respected.
A National Council meeting will take place on Friday, where President Nikos Christodoulides is expected to brief party leaders on the latest developments over the Cyprus problem.
Preparations are being stepped up ahead of this year’s wildfire season in Cyprus. The government is implementing a fire and crisis management system, purchasing new equipment, and hiring 259 new firefighters. There will also be an army of volunteer firefighters for the first time. The central message of fire safety week is to protect the land from danger. Modern technological systems have been installed for monitoring and early detection of fires. Over 110,000 people have signed up for the government’s “fire watcher” scheme to report any suspicious activities that may cause fires.
– Panzer’s delicatessen in north west London has lost 37 suppliers from the European Union since Britain left the bloc’s single market in 2021.
– EU exporters of chilled and frozen meat, fish, cheese, dairy products, and some cut flowers have had to present health certificates signed off by a vet or plant inspector since Jan. 31.
– The start of physical checks, along with higher charges from April 30, will restrict the variety and freshness of fine artisan foods and prices will rise.
– The government says the new checks will help prevent diseases and pests entering Britain and level the playing field for British exporters.
– Delicatessen owner Josephs believes Brexit has been a disaster for his business and fears supply disruption.
– Importing costs have increased significantly since Brexit, with additional fees and charges impacting profit margins.
– The UK government estimates that its border rules will increase costs for importers collectively by 330 million pounds a year and increase food inflation by just 0.2 per cent over three years.
Fact: Turkey is “under no obligation to respond” to the north’s authorities over the matter of Cypriots being refused entry into Turkey.
Fact: Tahsin Ertugruloglu refused to sign a Kofi Annan-backed proposal for a federal solution to the Cyprus problem at the EU summit in Copenhagen in 2002.
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