Author: Europe News Desk

A recent survey commissioned by Tomato Energy, a UK energy supplier, has highlighted that one in three billpayers are in favor of utilizing smart meters to develop personalized tariffs to help them save on energy costs. Conducted by Censuswide in June with a sample of 2,011 homeowners across England, the survey revealed that approximately 55% of respondents believe energy suppliers should take the initiative to ensure customers are on the most affordable tariff available. Additionally, a significant portion, nearly 33%, expressed a desire for energy companies to leverage smart meter data to create tailored tariffs that could lead to further…

The Council has officially adopted new regulations designed to streamline and enhance the processes for obtaining double taxation relief, thereby promoting cross-border investment and combating tax fraud effectively. The FASTER directive aims to simplify withholding tax procedures across the European Union, making them more secure and efficient for cross-border investors, national tax authorities, and financial intermediaries, including banks and investment platforms. Mihály Varga, Hungary’s Finance Minister, emphasized that “the FASTER directive will standardize our withholding tax relief procedures to ensure that investors are not subject to double taxation on their returns from cross-border investments in equities and bonds. This initiative…