Showing posts with label Money. Show all posts
Showing posts with label Money. Show all posts

Thursday, February 15, 2018

Emigration from Russia is growing

Every day the number of people trying to leave Roussia is increasing. Essentially these are educated people of working age. When sociologists ask the Russians whether they like the US, the answer is clear - "net". A study by the Independent Center, Levada, shows that 71 percent of Russian citizens are playing a "negative role in the world," according to Bloomberg. Another impression, however, may be left from the State Department's data, according to which Russian entries for the green card lottery have reached their record - 265,086. Only four of them will get a green card though.
Another 3,622 citizens of the Russian Federation have been granted permission to live permanently in the United States for 2014. Among them are 56 people who have received visas after promising to invest at least $ 500,000 in business in the country. the moment is 143 million people. According to experts, poor Russians want to earn more, and the rich want a safe place for their money. This makes people from all social classes leave their homeland. Extremely large is the brain drain to the States in the technology, banking and law sectors. Putin said foreign organizations act as vacuum cleaners to lure Russians abroad. Other 75, 300 people have received visas for the EU and Switzerland, 25% more than in 2010. England, Germany and Spain are the preferred locations. Israel also reported a jump of 30% to those wishing to settle there.
"Kremlin politics makes the educated class choose - either stand under the flag of the war against the West or leave," said Alexander Morozov, a political scientist who recently went to Germany.
Emigration makes Rousse feel increasingly acute in the shortage of qualified staff, which is reflected in all areas of the economy. Even in the arms industry, projects are being frozen, both because of lack of specialists and lack of money.

Thursday, October 5, 2017

The Commission has made a major change to the VAT system

The tax will already be paid in the country where the item is sold. The European Commission is preparing the biggest changes in value-added tax for a quarter of a century. VAT is also proposed for cross-border trade in the European Union (EU) and companies will be able to submit one-stop-shop declarations via an online portal in their own language.
"Twenty-five years after the creation of the single market, companies and consumers still face 28 different VAT regimes in cross-border operations. Criminals and possibly terrorists have long used these omissions by organizing fraud, "said Economic and Financial Affairs, Taxation and Customs Commissioner Pierre Moscovis.
"This anachronistic system based on national borders must end. Member States should consider cross-border VAT transactions as domestic operations on our domestic market by 2022. This will make life easier for EU companies doing cross-border trade, reduce bureaucracy and simplify VAT procedures, "the EU commissioner . Four amendments are proposed to enter into force as from 2019. These measures are explicitly requested by Member States to improve the day-to-day operation of the current VAT system until the final regime is fully negotiated and implemented.
They include:Tackling fraud: VAT will be charged on cross-border trade between businesses. This kind of trade is currently exempt from VAT, providing a simple loophole for unscrupulous companies to collect VAT and then disappear without transferring government money.
One-way shop: For companies that sell across borders, it will be easier to handle their VAT obligations through a one-stop shop. Merchants will be able to make declarations and payments using a single online portal in their own language and according to the same rules and administrative templates as in their home country. Next, Member States will pay directly to VAT, as is true for all sales of electronic services. Greater consistency: a transition to the 'destination' principle, where the final VAT is always paid to the Member State of the final consumer and is charged at the rate of that Member State. This is a long-standing commitment of the European Commission, supported by the Member States. It is already in force for the sale of electronic services.Less bureaucracy: simplification of billing rules, which allows vendors to draw invoices according to their own country rules, even when doing cross-border trading. Companies will no longer need to produce a list of cross-border transactions for their tax authorities (the so-called Recapitulative Statement). Today's proposal also introduces the notion of "certified taxable person" - a category of trusted business that will benefit from much simpler and time-saving rules. Four "quick fixes" were also proposed to enter into force by 2019. These short-term measures were explicitly requested by the Member States to improve the day-to-day operation of the current VAT system until the definitive regime has been fully negotiated and implemented. According to the EC estimates, over € 150 billion of VAT is lost each year, meaning that Member States omit revenue that could be used for schools, roads and healthcare. Of these, around € 50 billion - or € 100 per EU citizen each year - is expected to be due to cross-border VAT fraud. This money can be used to fund criminal organizations, including terrorism. It is estimated that this amount will be reduced by 80% thanks to the proposed reform.

Friday, July 28, 2017

Kruti measures! From 2040, only electric cars and vans will be sold in the UK

The radical move the UK will join in France is expected to be officially announced later today. It will be part of a £ 3bn plan that the British government will fight for air pollution. He also responds to election promises, something that is absolutely unknown in our latitudes. It is also expected to propose a scheme to buy old diesel cars, but ratification will be a top-level consultation process. In 2017, about 4% of the new cars sold were plug-in hybrids or 100% electric vehicles. Chargemaster's current predictions suggest that in the UK, for the first time, a million plug-in hybrids or an electric car will be sold in the UK for the first time, with electrified vehicles accounting for 10% of total new car sales.
There are currently about 40 million cars on the UK roads. The plan provides for an additional £ 255 million to tackle city-level pollution. Potential ways to tackle this problem locally are introducing additional charges for the most polluting cars. Money will also be granted for the additional installation of cleaning systems on public transport buses. Calculations show that dirty air is responsible for about 40,000 premature deaths per year in the UK. The government spokesman commented: "Dirty air is the biggest environmental risk to public health in the UK and this government is determined to take bold moves in the shortest time."