December 2017

The Income Tax (Amendment) Bill 2017

The Income Tax (Amendment) Bill 2017 (hereafter referred to as “the Bill”) was read and passed in Parliament on 26 October 2017. Some of its more salient provisions are discussed below....

Shipping Confidence Steady Amidst Pressures

Shipping confidence has not changed in the three months to end-February 2017 despite industry and political pressures, according to the latest Shipping Confidence Survey by Moore Stephens. Respondents’ average confidence level held constant from the previous survey in November 2016 at 5.6 out of 10.0 - the highest rating since August 2015.