12/01/2020
Alongside any reduction, the OTS recommends reform of the current chattels exemption on assets sold for £6,000 or less and a review of reporting requirements to ease the compliance burden for individuals.
11/27/2020
The Federal Council will, in response to its consultation document, submit a request to Parliament that withholding tax on bonds be abolished.
11/27/2020
A joint enforcement notice on misleading adverts is one of several interventions to tackle promoters.
11/27/2020
A few provisions are of particular interest for the internationally mobile workforce, in particular the about-face in nonresident withholding reform.
11/26/2020
Office for Budget Responsibility says tough decisions needed to fill spending gap by 2024
11/26/2020
The charges come as the prices of classic cars and motorcycles have soared in recent years and ownership a popular pastime.
11/23/2020
Dividends paid by a company that is a resident of a Contracting State to a resident of the other Contracting State may be taxed in that other State.
11/20/2020
The only way to fund the long-term recovery is by making sure our tax authorities have the power and support they need to stop corporations and the mega rich from not paying their fair share.
11/20/2020
During a recent thematic review the FRC noted the quality of cash flow statements was a concern, numerous basic errors were seen
11/18/2020
HMRC sends out ‘nudge’ letters to check on UK residency
The main reason for these campaigns is to increase the tax take, and this one comes as the Government looks at ways of clawing back billions spent during the current pandemic.
11/18/2020
As UAE advice firm chief expects a ‘commercial war’ between crown dependencies
11/17/2020
HMRC’s announcement therefore prompted a concerned response from industry and representative bodies
11/13/2020
On the other hand, the recommendations represent such a ground shift that they could, if implemented, lead to a significant reduction in investment in the UK (particularly by foreign investors).
11/13/2020
Special rules apply to transfers of shares in real estate companies.
11/13/2020
As a basis for the argument, the bank says working from home is financially rewarding thanks to "direct financial savings" on expenses such as commuting, clothes and lunches, as well as indirect savings from things like reduced work-related soci
11/12/2020
The new legislation allows for this by giving companies the right to form Fiscal Units.
11/12/2020
The new law would stipulate how mutual agreement procedures in tax treaties are to be carried out at the national level.
11/11/2020
‘This will push UHNW retirees and investors to look at other more favourable jurisdictions’
11/11/2020
The OTS found the disparity between CGT and income tax rates was one of the main sources of complexity
11/10/2020
In a September 2019 analysis, the EU found Cayman’s framework for funds was inadequate in three of the four pillars and that there was not enough information to assess the remaining one relating to supervision and enforcement.