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Green News

Could a 'tyre tax' help cut car emissions in the UK?

Particles from tyres could be the next avenue for clean air campaigners to tackle pollution.

Green News

Farming tax vital to Denmark's climate target, says government adviser

Farming in Denmark is expected to account for 40 per cent of emissions by 2030 if no new policies are introduced.

Green News

Exxon reports record profits while suing EU for 2.3% windfall tax

40 per cent of Exxon's record-breaking profits went to new oil and gas and 5 per cent to ‘low-carbon’ initiatives.

Money

Oxfam urges windfall tax on food companies as Davos opens

Over the past two years, the world’s super-rich 1 per cent have gained nearly twice as much wealth as the remaining 99 per cent combined, says Oxfam.

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Travel News

Holidays in Dubai just got cheaper as 30 per cent alcohol tax scrapped

The move is expected to further the appeal of Dubai to tourists drawn by its more liberal lifestyle, compared to other Gulf cities.

Tech News

Russia risks causing new year IT worker flight with remote work law

Legislation is being mooted for early next year that could ban remote working for some professions.

Europe Decoded

The EU has a new deal on 'tax fairness'. This is how it will work.

The EU's deal builds upon a landmark tax agreement brokered by the OECD and endorsed by 137 countries around the world.

Climate

Belgium joins France in private jet and short-haul flight crackdown

As of April, flight taxes will be dependent on noise, air pollution, greenhouse gas emissions and destination.

Green News

UK oil and gas producers reeling after windfall tax increase

The increase brings total taxes on the oil and gas sector in Britain to a rate of 75 per cent - among the highest in the world.

Green News

Tax Big Oil, small island nations demand at COP27

Leaders from island nations have pointed out that in the first six months of the year, oil giants made more than enough money to cover the cost of climate damages.

USA

Biden slams oil firms for 'war profiteering' as he mulls windfall tax

Biden made the accusation after oil companies reported record-breaking profits.

Travel News

UK axes tax-free shopping for international travellers

The government believes it could save more than €2 billion but tourism chiefs say the u-turn is a ‘hammer blow’ for the sector.

Travel News

Spain: Free train travel scheme extended until December 2023

The policy could be here to stay with commuters being encouraged to ditch their cars in favour of taking the train.

Travel News

Millions could ditch holidays to Spain after EU changes, report finds

Spain’s Association of Airlines is asking the government to reconsider EU measures to reduce aviation emissions.

United Kingdom

UK announces plan to slash tax and boost investment

"We won't apologise for managing the economy in a way that increases prosperity and living standards," said UK chancellor Kwasi Kwarteng

Travel News

Andalucia is scrapping its wealth tax to attract rich expats

The new policy is likely to make Andalucia attractive to foreigners wanting a second home in Spain.

Green News

EU looks to raise €140bn from windfall tax on energy firms

The plan is part of long-awaited emergency measures to tackle the soaring cost of electricity before winter.

Green News

US tax credits for electric vehicles spark talk of possible trade war

The credits encourage manufacturing in the US but foreign car companies say they are discouraging international trade.

Germany

Germany lowers natural gas tax to ease burden on consumers

Many German citizens are struggling with soaring energy costs following Russia’s war on Ukraine.

Destinations

Tourism tax: How a visitor levy could protect the places we love

Tourists place a burden on infrastructure, public services and facilities in the destinations they visit.