Micro News

The HMRC in the UK have announced plans to extend its corporation tax to include income from any UK real estate earned by non-resident companies, even where they do not have a UK permanent establishment. In a consultation document published on March 20th of this year, the UK's tax authority explains…


Singapore has been listed as the healthiest country in Asia and the fourth healthiest country globally, according to the Bloomberg Global Health Index. The city-state beat New Zealand, Japan and Australia, coming behind only Iceland, Switzerland and Italy out of 163 countries. The index uses variables…


According to The Global Startup Ecosystem Report and Ranking 2017, who surveyed over 10,000 start-up companies worldwide, Singapore has exceeded technology hub Silicon Valley in California US, as an ecosystem that harbors talent. Silicon Valley has always remained the leading global ecosystem, followed…


For the fourth year running, Singapore has been ranked the world's most expensive city to live in, a survey by the Economist Intelligence Unit has found. Singapore is still the most expensive city to purchase and maintain a car, and the second most expensive destination in which to purchase clothes.…


According to a Singapore based employment agency, almost 30% of Singapore based employees did not receive an annual wage supplement (AWS) in 2016, this is a relatively standard benefit offered by some Singapore companies regardless of the employees working performance. While over 35% did not receive…


Global rating agency Standard & Poor’s has upgraded Cyprus’s sovereign rating to BB+ from BB. The company added that it expects the island’s economy to expand by 2% this financial year. The rating BB+ is actually still just below investment grade, however the economic outlook and fiscal performance remains…


The Bloomberg Global Health Index has ranked Cyprus in18th place out of a list of 163 countries, with Singapore being the only two non-OECD countries to make the top 20 of the list.     Italy was ranked in first place on the list, as the healthiest country in the world. According to research, the average…


The Cyprus cabinet has delivered a decision wanting to oppose the EU’s Consolidated Corporate Tax Base, stating that it would negatively affect the island’s economy long term. In October last year, the European Commission announced their plans to overhaul the method used to tax companies in the Single…



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