Tag: VAT
VATUK Consumer inflation in September was 5.2%, the highest since 2008
The rate of Consumer Prices Index (CPI) inflation in the UK matched its record high in September, rising to 5.2% from 4.5% the month before. An increase in energy costs was behind a large proportion of the rise.
Weak sterling more significant than VAT for UK inbound tourists, says WTM Vision
Overseas visitors to the UK will not be deterred by high VAT, providing sterling remains weak against key inbound currencies, reveals a report released this week at the World Travel Market (WTM) Vision Conference-London.
Uruguay’s public debt to abandon foreign currencies for local Pesos
Uruguay this year plans to swap part of its foreign-currency bonds for debt denominated in Pesos, said Economy Minister Fernando Lorenzo. Uruguay will also sell Peso securities and use the proceeds to pay off bonds denominated in other currencies, Lorenzo said without providing further details.
Moyano hails as personal victory the increase by 20% of minimum income tax floor
Argentina’s powerful organized Labour Confederation leader Hugo Moyano celebrated Friday as a victory for the “workers movement” that the government of Cristina Fernandez de Kirchner decided to raise by 20% the minimum income tax floor.
