To recall, it was in June last year when the headline rate
breached the 5-percent level amid higher excise taxes slapped on consumption, elevated global prices, and domestic food supply bottlenecks, especially of rice.
The growth in the headline rate
for inflation for the country's poorest households was evident in areas outside Metro Manila.
On a 12-month basis, the headline rate
slowed to 1.8% y/y versus 2.2% y/y, and the core rate was 2.3% y/y from 2.4% y/y.
"Looking ahead, the headline rate
likely will fall back to 2.2% in May, as services inflation mean reverts, and then edge down to the 2% target by August, as the anniversary of rises in electricity and natural gas prices by individual suppliers is reached," he said.
Last month's inflation brought the year-to-date headline rate
at 4.1 percent, still slightly above the gov-ernment's target range for the year of 2.0 percent to 4.0 percent.
The National Bank of Tajikistan has cut its headline rate
, going ahead with an easing cycle that began in January.
The current headline rate
of service tax on construction of flats, residences, offices etc.
But investment meant its corporation tax rate was just 11%, compared with a headline rate
But investment meant their corporation tax rate was 11 per cent compared with a headline rate
of 20 per cent.
The key change for employers is the introduction of the National Living Wage on April 1, when the headline rate
increases to PS7.20.
Yes you are correct; in the Chancellor's speech he said: "The headline rate
of CGT is currently one of the highest in the developed world.
The Chancellor confirmed a 10% point reduction in the supplementary charge, which reduces the headline rate
of tax to 50%.