Europe

The new tax year is in full swing. The UK Frozen Personal Allowance remains at £12,570, but new dividend tax hikes are now active for 2026.

A two-speed Europe? The latest ACEA report on the EU Zero-Emission Vehicle Tax Disparity shows that 1/3 of EU states still offer no tax help for green commercial fleets.

Brussels is moving to tax the “unforeseen luck” of energy giants. The new EU Energy Windfall Tax 2026 aims to capture foreign profits to fund consumer relief.

Extraordinary times call for extraordinary taxes. The new UK Wealth Tax Proposal suggests “war-time” adjustments to protect households from inflation.

Gibraltar’s new Transaction Tax is still coming, but not yet. Official updates now show the EU-UK Gibraltar agreement is expected to apply provisionally from July 15, 2026, delaying the planned 15% regime.

Digital victory in Warsaw. The Poland KSeF E-Invoicing system reports 150 million invoices in its first week, proving the “hard launch” is a success.

Small parcels, new costs. The EU Fixed Customs Duty is now live, adding a flat €3 fee to all international e-commerce imports under €150.

IT and Tax have a new common language. The OECD Pillar Two GIR Schema is now official, setting the mandatory XML format for global minimum tax reporting.

Procurement meets payroll. The Germany Federal Tariff Compliance Act now mandates collective bargaining standards for all federal contracts over €50,000.

The 12.5% era is over. Cyprus has officially transitioned to a 15% corporate tax rate and introduced stricter residency tests to align with global standards.