06/08/2021
HMRC has now made a further important update to its detailed guidance notes in relation to what it considers a donation, and what types of donation are eligible for Gift Aid.
06/08/2021
The world loses out on $427 billion a year due to corporate and personal tax evasion, according to Tax Justice Network estimates.
06/08/2021
The proposals aimed to apportion taxing rights more evenly between countries and discourage profit shifting.
06/08/2021
As British power collapsed, some of its possessions became self-governing territories that were not part of the United Kingdom but which came under British defence agreements and preserved strong links with London.
06/07/2021
The country’s image of being a “moral superpower” was broken.
06/07/2021
Independent body will assess implications of change to 31 March or 31 December
06/02/2021
The past year also left the markets wondering whether a trade deal would ever be struck between the UK and the European Commission as the Brexit deadline loomed.
06/02/2021
To ‘eliminate tax fraud’ and conflicts arising from being resident in both jurisdictions
06/02/2021
THE European Union may require third countries to sign up to new global tax standards or risk going on blacklists, the European Commission has signalled.
06/01/2021
Group is to centralise power in a new European executive team
06/01/2021
‘This is in line with the EU's existing approach to use the listing process to promote internationally agreed good practices.'
05/31/2021
Chancellor Rishi Sunak said he wanted to ensure a level playing field between high street firms and online giants.
05/27/2021
Big countries push ahead after objections from smaller jurisdictions
05/27/2021
The charge is a rise from the stamp duty normally charged on residential property in Ireland, which is 1% of a property value up to €1 million, and 2% on the balance of any higher value.
05/24/2021
The first report from the OTS contained quite radical proposals to change the CGT regime and align the rates to income tax, which was a policy direction rather than simplification, and the proposals could have actually led to more complexity.
05/21/2021
The Tax Administration also clarified the following regarding the interrelationship between the participation exemption provisions
05/21/2021
There now tends to be greater weighting to commercial real estate, with many residential properties moved to personal ownership.
05/20/2021
Such indicators are not in themselves conclusive proof that a country is being used for tax avoidance purposes, but they can contribute to a body of evidence that indicates that [aggressive tax planning] is occurring in a specific country.
05/19/2021
The pending Common Consolidated Corporate Tax Base (CCCTB) proposal will be withdrawn in light of this new initiative.
05/14/2021
The consultation represents an opportunity for clients to make representations to HMRC to simplify this area and it is perhaps an opportunity for the UK government to use the post-Brexit VAT landscape to make more use of the zero-rate to assist the govern