Browsing: 2024:

Is post-Brexit UK shaping mergers and acquisitions, or are new challenges arising? The regulatory landscape is becoming more intricate for businesses. Scott Dylan, co-founder of Inc & Co, is a leading expert on company mergers. He discusses how political changes, particularly after Brexit, impact M&A decisions. The UK now requires up to 1,830 reports annually in key sectors, making it difficult for firms due to the increased workload and risk of substantial fines for non-compliance. Despite Brexit, the interest in acquiring UK companies from abroad remains robust. In 2018, cross-border deals comprised 30% of the global market. Telecommunications, media, technology,…

Iceland, renowned as the Land of Fire and Ice and a burgeoning global tourist hotspot, has reintroduced its tourist tax for the year 2024. The tax, which was temporarily suspended during the pandemic, came back into effect on January 1, 2024, aiming to regulate the environmental impact of tourism in the country. Every tourist visiting Iceland will be subject to this tax, and the amount varies based on the type of accommodation or holiday style chosen. For hotels and guesthouses, the tax stands at ISK 600 (£3.46), campsites and mobile homes incur a charge of ISK 300 (£1.73), and cruise…