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New On The Lowtax Network Today
This feed is published daily with selected new or updated
content from across the Lowtax Network. For a list of Lowtax Network
sites, many of which feature daily news, see
below. |
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| TODAY 11/03: Estonia
Summary PBTG Guide, added to Personal Business Tax Guide |
| 10/03 Lowtax
Labuan, annual update |
| 09/03 Word
Search Puzzle, on Lowtax |
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For All,
Jeremy Hetherington-Gore blog |
| 05/03 Belgium
Summary PBTG Guide,
added to Personal Business Tax Guide |
| 04/03 New
Lowtax Editor Column,
by Kitty Miv |
03/03  Personal
Business Tax Guide, PBTG, has launched!
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for globally mobile artists, contractors, entrepreneurs, professionals,
small businesses, sportspersons and entertainers. |
| 02/03 Personal
Equity Investment In 2010: Not Just For Expats…, Investors Offshore special feature
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| 24/02 Lowtax
Cyprus, annual update
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| 22/02 Lowtax
Brunei, annual update
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| 17/02 Dubai
- A Stately Business Dome Decreed, Investors Offshore special feature
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| 15/02 Lowtax
Australia,
major content expansion
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| 27/01 Lowtax
Germany, major content expansion
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A topical guide to offshore e-commerce focused on tax and regulation. |
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One of the web's largest and most authoritative business and investment
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The resource for free online US taxation information, covering: corporate
tax, individual tax, international tax, expatriates, sales and e-commerce
tax, investment tax. |
| NEW! Personal
Business Tax Guide: Providing essential tax news and information
on business for contractors, entrepreneurs, professionals, small businesses,
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| Australia's Crean Hits Out At UK Air Passenger Duty |
by Mary Swire, Tax-News.com, Hong Kong
Tuesday, January 26, 2010
Australia’s Trade Minister, Simon Crean, during a visit to London, has
raised the great concern felt by the Australian government about the discriminatory
effects of the UK’s Air Passenger Duty (APD).
In an interview he said: “We’ve indicated to the (UK) government
that whilst this was originally said to be a duty for environmental purposes,
it is now accepted that it’s just for revenue raising purposes. We’ve
said that we understand governments need to raise revenue, but that they shouldn’t
do it in the discriminatory way in which this tax applies.”
“It hurts us particularly because people flying to Australia from here
pay by far the biggest premium,” Crean continued. As the APD is due to increase
again next November, “we’ve urged both the government and the opposition
to re-look at this, and to take out the discriminatory nature of it.”
He added that both Lord Mandelson, the UK’s Secretary of State for Business,
and Kenneth Clarke, the Shadow Business Secretary, were surprised at the discriminatory
nature of the tax and its impact, and they have undertaken to raise it with
the UK Treasury.
When asked how damaging the APD is for Australian tourism, Crean said that, given
the importance of the services trade between the two economies, people-to-people
contact is very important. The APD acts against that and does not help either
two-way trade or the strengthening of the countries’ relationship.
The APD is to rise in two phases by up to 113% by November next year, with
the first stage of the increase having come into force on November 1, 2009.
Its banding system, dependent on destination and class of travel, increases
the duty on long-haul destinations, like Australia. Over the two increases,
the tax on long-haul economy flights will rise from around GBP40 (USD65) to GBP85,
and long-haul premium economy and business class passengers will pay GBP170
in tax.
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