The UK’s tax, payments and customs authority (HMRC) has updated its guidance on interest rates for late and early tax payments on  27 March 2025. This rate was effective from 6 April 2025. The late payment interest rate will rise by 1.5

The Government of the Northwest Territories (GNWT) will remove the Northwest Territories' carbon tax for all consumers except large emitters on 1 April 2025. The GNWT has taken this step to align with the Government of Canada’s carbon pricing

The Canadian province Quebec's finance minister, Eric Girard, delivered the province’s 2025-26 budget on 25 March 2025. The minister unveiled a budget projecting a CAD 13.6 billion deficit, with CAD 2.2 billion allocated for debt repayment and

Canada’s Government has published a statement outlining new countermeasures in response to the tariffs introduced by the US President Donald Trump on 2 April 2025. The statement claims that the United States administration announced a series of

The UK’s Pillar Two Multinational Top-up Tax (MTT) rules recognise certain foreign income inclusion rules (IIR) and domestic top-up taxes as "qualifying" if they align with OECD standards. To provide clarity, the government introduced regulations

The Chancellor of the Exchequer announced that the government launched a consultation on a proposed new service aimed at providing advance statutory certainty on the application of UK corporation tax rules for businesses undertaking the "very