Iceland’s Budget Committee submitted the proposed amendments to the 2025 Budget on 15 November 2024 following its second parliamentary debate. The parliament approved the proposed amendments, incorporating them into the bill for the final round

The UK government has announced new regulations regarding Penalties for Failure to Pay Tax (Schedule 26 to the Finance Act 2021) (Assessments) Regulations 2024 on 12 November 2024 aimed at tightening penalties for late tax payments. The updated

Officials from Romania and the United Kingdom signed  a new income and capital tax treaty on 13 November 2024. The agreement will come into force once the ratification instruments have been exchanged. Upon becoming effective, it will supersede

A release from the Ministry of Trade, Industry and Energy of the Republic of Korea on  11 November 2024, announced that the third round of negotiations for an enhanced free trade agreement (FTA) between Korea and the UK is taking place in Seoul

The UK tax authority, His Majesty's Revenue & Customs (HMRC) has released new guidelines to assist with Patent Box computations GfC9, on 7 November 2024, to address common errors in Patent Box computations. The aim is to improve compliance by

Romania’s government has approved the signing of a new income tax treaty with the UK on 7 November  2024. This new income tax treaty will supersede the existing Romania - United Kingdom Income Tax Treaty of 1975. Previously, on 18 October