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provide revenue help to households. In non-OECD non-G rising market and creating nations some international locations have reported cash transfers for households. Some have been targeted at weak households e.g. Kenya while others are being distributed more broadly to low-income households e.g. Peru. Additional measures have included a 3 discount in PIT charges for particular person entrepreneurs immediately or indirectly engaged within the tourism sector in Uzbekistan. A variety of international locations have launched measures to boost households’ money flow. Several international locations have prolonged tax filing deadlines tax fee deferrals or extended cost plans for households unable to make their tax payments. These measures are supplied largely for personal revenue taxes however in some international locations pertain to property taxes. In some circumstances tax fee deferral measures are targeted at low-earnings households or property under a sure value e.g. Chile. Other tax measures have included accelerated refunding of excess payments from personal earnings tax and versatile preparations for tax debt repayments . Non-tax measures have included the early release of superannuation in Australia the deferral of interest funds on mortgage debt for main residences e.g. Spain and the deferral of funds of utility bills. Other measures have centered on tax administration. A common measure introduced in a 3rd of countries has been the acceleration of tax refunds where taxpayers are owed money. More flexible tax debt reimbursement plans were additionally launched in a third of nations. Less frequent measures have included lifting the brink for entry to VAT simplification e.g. Korea and growing the brink for earnings tax prepayments e.g. New Zealand. The most common type of tax measure to enhance business money circulate amongst OECD and G international locations has been the deferral of tax payments. Three quarters of OECD and G international locations have launched deferrals of tax payments. These measures usually apply to taxes that require frequent payments. Tax deferral measures have typically been launched for advance company revenue tax or personal earnings tax payments worth added tax and social safety contributions .
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