Budget 2017 focuses on lifestyle of individuals, children with special needs and young families by announcing tax relief measures, incentives, budget allocations. The following is a summary of the key measures announced in the 2017 budget:
Now that the dust has settled after June referendum on Britain’s membership in the EU, the effect on payroll is clearly visible. Brexit will impact many factors which we will consider in this blog but main question is “when”.
In a historic move, the Chinese government passed a legislation effectively ending the one-child policy that drastically influenced China's demographic framework for over 35 years. In a crucial attempt to resolve the looming crisis of economic imbalance and the alarmingly increasing rate of the aging population, the government in January 2016 formally approved the amendment that allows couples in China to now have up to two children in their families.