UK corporation tax to rise to 25% as PM Truss U-turns
Liz Truss says action is needed 'now to reassure the markets of our fiscal discipline'.
Historic tax cuts and borrowing define Britain's new economic agenda
Britain's finance minister Kwasi scrapped the country's top rate of income tax and for the first time put a price tag on the spending plans of Prime Minister Liz Truss, who wants to double Britain's rate of economic growth.
Indonesia to introduce new tax breaks on property, car sales
The government had provided tax breaks for property and car sales last year under different schemes, which had expired in December.
Malaysia can’t afford corporate tax cut right now, says Zafrul
The finance minister says this will only be possible once the country broadens its tax base and maintains a stronger-than-average growth trajectory.