11/13/2015

Diverted Profits Tax - The Clock is Ticking...

Against the backdrop of the wider BEPS agenda, the UK is seeking to levy a 25% tax on the diverted profits of groups that structure their affairs so as to avoid a UK taxable presence known as a “permanent establishment

11/12/2015

Transition from UK IGA to the CRS - Deloitte

The Governments of the Crown Dependencies have provided an update on the proposals for the transition from the Crown Dependancies and Overseas Territories (CDOT or "UK FATCA") to the Common Reporting Standard (CRS) in 2017.

11/06/2015

Update on UK disclosure facilities - SMP

This means that time is rapidly running out for UK taxpayers to make a disclosure of any UK tax irregularities to HM Revenue & Customs under the current facilities.

11/04/2015

Are HMRC bad losers? By George Bull

After losing a number of court cases in recent years, HMRC now has to repay compound interest to companies that were unlawfully required to pay VAT under a “mistake of law”. However, the Department has now announced that these repayments will

10/26/2015

Baker Tilly rebrands with global identity

The consultancy group said it would adopt the RSM name and logo from today across its 35 UK offices in a bid to strengthen its position in the mid-market.

10/23/2015

The taxman cometh

It promises to prise open the secretive affairs of those who are evading tax, and to play a part in reducing the so-called “tax gaps” of governments struggling with stubbornly high fiscal deficits.

10/21/2015

Non-UK Domiciliaries and Loans - Deloitte

On 4 August 2014 HMRC changed their practice with regard to loans taken out using previously unremitted foreign income and gains as collateral, where the loan proceeds were remitted to the UK.

10/16/2015

Home is where the tax haven is…

The figures, based on data acquired by the Eye for property transactions in 2012, 2013 and 2014 and analysed alongside market statistics by data-savvy London estate agency