07/09/2021
Despite two new policy papers in the last few days, the Office for Tax Simplification (OTS) is just tinkering around the edges and not sorting out a system that was designed years ago, writes our new Head of Tax, Caroline Le Jeune.
07/09/2021
The decision in this case confirms that HMRC are not able to use the discovery power to assess the child benefit charge where no tax return has been submitted.
07/08/2021
The framework also contemplates “transition” financing by making sure that the related funds raised by the bond are allocated to environmentally sustainable investments.
07/07/2021
If tax authorities don’t respond, the letter turns into an agreement and the companies pay as much as they offered to.
07/07/2021
It concentrates on unintentional non-compliance, rather than offshore tax avoidance or evasion.
07/07/2021
A specific section is dedicated to international aspects, including the increasingly common use of exchange of information procedures.
07/06/2021
The UK is looking to introduce its own holding company regime to rival Luxembourg and allow funds to base their investment structures here
07/06/2021
ICAS has published a new report, Tomorrow’s Tax Administration, setting out its top ten priorities for UK Government action to improve tax administration.
07/04/2021
One hundred and thirty countries have reached an agreement on implementing a better system of taxation, under the aegis of the OECD.
07/02/2021
“Wealthy” being anyone with an income over £200,000 per annum or assets of over £2m.
07/01/2021
The FTA has been a member of IOTA since 2006 and has been a member of the nine-member Executive Council since summer 2019.
06/30/2021
These eye watering figures explain why senior clinicians in the NHS have chosen to stop work or retire due to the huge tax bills they are facing each year for breaching the AA.
06/29/2021
French court rejects constitutional challenge by UBS in tax case
Lawyers for UBS argued in the appeals trial three months ago that despite whistleblowers coming forward
06/29/2021
UK: Overview of the taxation of cryptoassets
Because of the volatility in the crypto market, actually valuing cryptoassets on disposal can be complicated.
06/29/2021
In this article, the June monthly update review for Tax Journal, Edward Reed and Mark Stichbury look at a number of private client developments.
06/28/2021
Rising property prices mean more homeowners will be trapped in the 'inheritance tax web': Would you be affected?
Tilney, the financial planning firm, has issued a stark warning about IHT - saying rising property prices, along with the buoyancy of the stock market, could draw more people into the 'inheritance tax web'.
06/28/2021
MALTA: Bargaining over global tax enters key stage
The proposal will then be taken up by the G20 club of wealthy and emerging countries at a meeting of finance ministers in Italy on July 9 and 10.
06/25/2021
The draft decree provides some initial insights on how the tax authorities consider transactions involving virtual currencies and tokens.
06/18/2021
Supply teachers and agency nurses among those put into umbrella company schemes
06/14/2021
New era of tax won’t end Ireland’s winning streak
Corporate tax changes will impact Ireland but they won’t change underlying dynamic