by clarksonhydeglob | Jun 3, 2020 | Insights and news
As part of the effort to mitigate the adverse effects of the coronavirus outbreak on the economy, the Cyprus government has adopted a number of measures as follows: Direct tax measures The 31 March 2020 deadline for submission of income tax returns for companies and...
by clarksonhydeglob | Jun 3, 2020 | Insights and news
To assist enterprises to cope with the pressure brought about by the economic downturn and alleviate their burden, the HKSAR Government has announced various measures to support enterprises and safeguard jobs, including:- the first round anti-epidemic fund of HK$30...
by clarksonhydeglob | Jun 2, 2020 | Insights and news
By May 13, 2020 Bulgaria is in a state of emergency. The Bulgarian government takes the first steps to support the business and the workers in the COVID19 pandemic and the declared state of emergency within a month. The government will wait for the coming months to...
by clarksonhydeglob | Jun 2, 2020 | Insights and news
Direct Tax – Deferral of tax payments (extend payment date) & deferral of prepayments Wage withholding taX February 13 May 2020 March 15 June 2020 April 15 July 2020 Quarterly return 15 June 2020 Flexibility on recording a bad debt reserve Flexibility on the...
by clarksonhydeglob | May 29, 2020 | Insights and news
To protect outbreak of COVID 19, Bangladesh government has repeatedly been asking people to stay home in efforts to contain the spread of the novel corona-virus. It also announced closure of all public and private offices, School, College, courts to make people stay...
by clarksonhydeglob | May 27, 2020 | Insights and news
Cash flow Boost The Government is providing tax-free cash flow boosts of between $20,000 and $100,000 to eligible businesses (for businesses with an annual turnover of under $50 Million and employing staff). Employers will receive a payment equal to 100 per cent of...
