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Netherlands and Bangladesh sign new tax treaty in Dhaka

Dutch State Secretary for Tax Affairs Van Rij and Minister Abdul Hassan Mahmood Ali of Bangladesh put their signatures to a new bilateral tax treaty in Dhaka on 12 March. The aim of the treaty is to avoid double taxation and further Dutch and Bangladeshi economic interests. Source

Bank of England must proceed with caution over future rate cuts, says deputy governor

Dave Ramsden said gradual and careful approach needed to balance inflation risks and interest rate cuts Business live – latest updates Bank of England policymakers must proceed cautiously – like mountaineers – as they cut interest rates in the months ahead as inflation risks rise, according to the

Additional €2 billion to fight poverty

The government will make an additional €2 billion a year available on a structural basis to support vulnerable households. This measure will prevent a rise in the number of people living in poverty and reduce the number of children growing up in poverty. Most of this expenditure will

Bank of England deputy governor warns of increased inflation risks, as house prices rise again – business live

Sir Dave Ramsden says risks to the BoE’s inflation target as two-sided, requiring ‘gradual and careful approach’ to rate cuts Shares have fallen sharply across Asia-Pacific markets after Donald Trump announced that a new 10% tariff will be imposed on Chinese imports next week. China’s CSI 300 index

Cocaine seizures by Customs see sharp rise in 2023

In 2023, Dutch Customs seized almost 60,000 kg of cocaine. This is a sharp increase compared to 2022, when more than 51,000 kg of cocaine was seized. The largest seizures were in the ports of Rotterdam and Vlissingen. At airports, more than twice as much cocaine was seized

2024 Tax Plan: essential steps for society and for the tax system

Today Marnix van Rij (State Secretary for Tax Affairs and the Tax Administration) presented the 2024 Tax Plan to the House of Representatives. The package contains essential measures for society and the tax system. These include measures to support purchasing power and fight poverty, to improve and simplify

UK inflation jumps to 3%, reducing chance of early interest rate cut

Annual CPI inflation rate hit 10-month high in January in blow to ministers amid rise in food bills and fuel costs Analysis: Bank of England faces bumpier road after inflation accelerates Business live – latest updates UK inflation accelerated faster than expected at the start of this year,

Netherlands earmarks €2.5 billion for support to Ukraine in 2023

In 2023 the Netherlands will make €2.5 billion available to support Ukraine. The government expects that this amount will be necessary to provide military aid, support essential repair and reconstruction activities and contribute financially to efforts to combat impunity. The Dutch Cabinet approved the proposal by ministers Liesje

Bank of England faces bumpier road after inflation accelerates

Tough route also awaits Rachel Reeves as households reel from sharp increase in living costs UK inflation jumps to 3% Business live – latest updates Andrew Bailey had warned there would be a bump in the road. But after inflation jumped by more than expected to 3% in

Strong wage growth gives Bank of England interest rate dilemma

Quick cuts unlikely because persistently high pay rises will probably be deemed inflationary UK pay growth rises 6% despite job loss warnings after Reeves’s budget Business live – latest updates There was a brief period when the Bank of England was poised to cut interest rates and cut

Author: Bluefinessence