09/22/2022
Update on the UK’s Qualifying Asset Holding Companies Regime – Frequently Asked Questions
There are already a number of benefits of the UK tax system
Tax
09/21/2022
Liz Truss warned corporation tax cuts have not fuelled investment
‘Race to the bottom’ on tax on company profits has failed to boost economic growth, says IPPR
09/20/2022
Ireland remains 'hub' of tax avoidance, says Dutch MEP ahead of visit to Dublin
Tang will lead a delegation of MEPs to Dublin this week to speak with senior civil servants on Ireland’s tax regime.
09/19/2022
Capital acquisitions tax threshold
A disruptive impact on Irish families
09/19/2022
Pensions tax settlement more likely following ruling on ‘IOUs’
In the Sippchoice decision, the Upper Tribunal decided that a transfer of non-cash assets made in satisfaction of pre-existing money debts were not ‘contributions paid’ into a pension.
09/14/2022
Tax cuts will push interest rates to 4%, BoA warns
The UK has seen prices rise since May last year
09/09/2022
EY’s Irish partners to vote on global split of audit and consulting
Company facing multibillion-dollar legal claims in Germany and the UK
09/07/2022
IR35: HMRC backs use of ‘CEST’ tool by large UK businesses
If the business follows the CEST determination, there would then be no requirement to notify.
09/05/2022
Germany announces energy windfall tax and €65bn package to help ease prices
Chancellor Olaf Scholz says country ‘will get through this winter’ as he accuses Russia of breaking contract
09/05/2022
PwC to debut ESG digital experience in Monte Carlo
PwC has developed an interactive, digital experience where organisations can explore the risks and opportunities that the transition to a low carbon economy presents to underwriting.
08/31/2022
Wealth and capital taxes should be raised, says commission
Report from commission on tax and welfare counsels significant reorientation of system
08/31/2022
Our tax system is in urgent need of an overhaul
Tax rules are stacked in favour of the rich and unless there is meaningful change we could be heading for disaster
08/31/2022
JPMorgan raided by German prosecutors as part of tax fraud probe
Sprawling investigation into the ‘cum-ex’ scandal has been stepped up in recent months
08/26/2022
UK tax authority focuses efforts on offshore corporates owning UK property
HMRC has previously noted that taxpayers are not legally obliged to return the certificate, which could expose them to criminal prosecution if they make an incorrect declaration.
08/26/2022
Luxembourg's double tax treaties network
To mitigate the risks of double taxation for businesses, it has entered into comprehensive double tax treaties with over 80 jurisdictions.
08/25/2022
Quintessentially and BDO to cut audit ties
Just two years later, BDO has similarly withdrawn from working for Quintessentially – following a breakdown in the relationship between the companies.
08/25/2022
Scotland’s public spending deficit hits record of nearly £2,200 a head
GERS data puts gap between tax receipts and expenditure at £23.7bn despite jump in income from oil and gas
08/22/2022
‘Confusion’ among UK businesses over new plastic packaging tax
The plastic packaging tax is payable by UK businesses that manufacture or import 10 tonnes or more of plastic packaging – which does not include at least 30% recycled plastic – over a 12-month period.
08/19/2022
'Lucrative' IHT receipts continue to rise
“IHT is proving to be more and more lucrative for the Treasury.”
08/19/2022
Quilter: HMRC data shows continued hit to pay packets but NI threshold increase could ease the pain
The change essentially means that 30 million people pay less national insurance and enjoy an average of £330 more in their pay packet during the year.