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United Kingdom

Angela Rayner resigns as UK deputy prime minister over stamp duty row

In the UK, levies are charged on property purchases, with higher charges due on more expensive homes and second homes.

Business

Austrian police raid Labubu store in Vienna for suspected tax evasion

The tax police inspected a pop-up store in Vienna's city centre selling the hyped and much-coveted Labubu cuddly toys and found a wide range of violations of the law.

Business

Rhode Island’s ‘Taylor Swift tax’ sets off debate over second homes

Rhode Island’s new levy on €1 million-plus holiday homes—dubbed the "Taylor Swift tax”—is inspiring copycats, as policymakers hunt for cash for housing and try to curb "lights-out" neighbourhoods.

Markets

UK bank shares tumble as sector fears new tax

British banks Barclays, Lloyds and NatWest saw their share price fall following news that the UK government could implement new taxes on the sector to fill a sizeable gap in the budget.

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Economy

Where in Europe are people most in favour of taxing the rich?

Nine out of ten people globally want to tax the super-rich to pay for climate action and public services, according to a recent survey. But where in Europe are people the most supportive of taxing the wealthy?

Economy

Tax revenue as a share of GDP: Which countries collect the most?

Euronews Business takes a closer look at how much tax European countries collect and what share of their national outputs it represents. Among the top five economies, France records the highest ratio, while the UK has the lowest.

Europe News

Europe to halt postal services to US after tax deal scrapped

The UK, France, Germany, Italy, Spain and other EU member states will temporarily suspend services as of next week.

Culture news

Denmark slashes 25% book sales tax in a bid to boost reading

With data showing one in four 15-year-olds struggle to understand a simple text, Denmark is scrapping its 25% VAT on books, the world's highest tax, in a effort to tackle a growing literacy crisis.

Economy

Which countries collect the most from property taxes across Europe?

Property tax policies vary across Europe. In some countries, such as the UK and France, property taxes make up a significant share of both GDP and total taxation.

Moments

All the things that could ruin your European holiday this year

Be prepared by taking out the right travel insurance, staying up to date with weather warnings, and getting your head around tourist taxes.

Business

UK alcohol duty: Is it killing European wine producers?

The UK changed the way it taxes wine in February, five months on, as one of the biggest importers in the world, how is that affecting the industry in Europe?

Travel News

Welsh tourist tax to launch in 2027 to keep native language alive

The new fee will help to fund the government’s aim to have a million Welsh speakers by 2050.

Economy

Europe’s iPhone price gap: Where you'll pay the most and least

iPhone prices vary significantly both globally and across Europe, linked to differences in taxes. Turkey stands out as a nation with a hefty price tag, while Nordic countries have the highest iPhone costs within the EU.

Economy

What is in Trump's tax and spending bill that will soon become law?

The bill is set to massively widen the US’ budget deficit and leave an added 12 million Americans without health insurance.

Green News

France and Spain join fight to tax luxury air travel for climate funds

The initiative aims to raise billions for climate action and sustainable development by making frequent, high-emitting air travel pay its fair share.

USA

Trump's 'Big Beautiful Bill' takes another hurdle in tight Senate vote

Proposed cuts in welfare provisions to finance tax relief are among the most controversial aspects of Trump's 'signature policy' bill.

No Comment

Jeff Bezos and Lauren Sanchez’s wedding sparks protests in Venice

Greenpeace on Monday joined the smattering of protests in Venice against the upcoming wedding of Amazon founder Jeff Bezos and Lauren Sanchez.

Travel News

Norway introduces tourist tax to tackle overtourism surge

A record-breaking 38.6 million people booked accommodation in Norway in 2024.

Europe News

Scammers stole €55.8 million from UK tax office in phishing attack

The criminal group behind the scam targeted the online accounts of around 100,000 taxpayers.

Destinations

Europe’s tourist taxes, bans and restrictions to watch out for in 2025

To save you trawling sites for the latest regulations and fines, we’ve compiled a comprehensive summary for visiting Europe this year.