Economy
Germany announces €23 billion tax cuts to help inflation-hit household
The coalition government set aside week's of disagreement to agree the tax cuts package. However, the move has already seen a considerable backlash, with opposing political parties arguing that tax cuts will heap yet more pressure on Germany’s already strained budget.
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Business
UK taxpayers left on hold for 800 years, says spending watchdog
In a damning report, the UK's public spending watchdog - the National Audit Office (NAO) found HM Revenue & Customs' (HMRC) customer service was "in a declining spiral" and had not met its goals for responding to taxpayer correspondence or telephone calls for several years.
Earth News
Belgium issues ultimatum over energy tax reform
A revision of a law setting minimum levies for fuels and electricity promised to bring an end to the era of tax-free energy for airlines and ship operators, but reform has been stalled for years, with EU governments unable to agree on how to update the 20-year-old Energy Taxation Directive.
