The UK Treasury has announced the need for a UK Carbon Border Adjustment Mechanism (CBAM) group to gather insights from international partners on the UK CBAM and provide updates on 11 February 2025. The Autumn Budget 2024 confirmed that the

The UK's tax authority, His Majesty's Revenue and Customs (HMRC) launched a 12-week public consultation (Promoting electronic invoicing across UK businesses and the public sector) regarding the adoption of electronic invoicing (e-invoicing) across

The UK's tax authority, His Majesty's Revenue and Customs (HMRC) has published new regulations and updated guidance on alcohol duty, detailing implementation rules under the Finance (No. 2) Act 2023. The Alcohol Duty Regulations SI 2025/96,

The UK Parliament's Public Accounts Committee has published a report on 12 February 2025 cautioning that the actual cost of tax evasion is probably being underestimated. HMRC not sufficiently curious on true scale of evasion, with no strategy for

Croatia has introduced amendments to its taxation laws concerning changes to its General Tax Act. The amendments go into effect on 1 January 2025. Amendments to the General Tax Act Expansion of tax audit scope and limitations for

The UK's tax authority, His Majesty's Revenue and Customs (HMRC), has announced a reduction in interest rates for late payments and overpayments of taxes: The new rates are 7% for late payments and 3.5% for overpayments. This development follows