01/04/2017
The new law means that for the first time, HMRC will be able to charge civil penalties on the facilitators of tax evasion, who provide planning, advice or other professional services or physically move funds offshore.
01/04/2017
A nominee is someone who would not qualify as a dependent but has been nominated by the members or the pension administrator.
01/03/2017
The bill also standardizes reporting obligations for direct and indirect holdings in foreign entities and synchronizes the deadline for information reporting with the deadline for tax returns.
01/03/2017
The powers were announced in the 2015 Budget and have come into force this year.
01/02/2017
The UK Government has signalled that at the very least it will consider bringing SLPs into a regime that, in theory, forces most other companies to declare who their ultimate beneficial owners are.
01/02/2017
Professional advisers face fines of up to £3,000 for helping their clients to evade tax
01/02/2017
In the next few weeks the regulator will set out plans for a new levy to pay for an advice line for trustees who are concerned about wrongdoing, in a bid to draw a line under the recent run of scandals which has damaged the image of Britain's chariti
01/02/2017
Leaked papers reveal that as Luxembourg’s PM, the European commission president obstructed the bloc’s tax reforms efforts
01/02/2017
Treasury says individuals or corporations who take deliberate action to help others evade paying tax face steep fines
12/30/2016
HMRC met with senior officials from the IsraeI Tax Authority to build on an open dialogue and to make a clear statement of intent for the two jurisdictions to further build their relationship.
12/29/2016
The protocol to the Albanian DTA was also signed in September 2015, and entered into force on December 1, 2016.
12/28/2016
More than £500m has been spent on PIP assessments for the disabled
12/28/2016
The authority said the Government will invest GBP800m
12/28/2016
The Zurich-based regional lender said it settled with justice officials in Cologne, agreeing to pay 5.7 million euros over untaxed assets held by German clients.
12/27/2016
The Panama Papers are an indelible stain on Labour’s desultory governance record.
12/23/2016
But an amendment to the UK parliament’s Criminal Finances bill tabled on Dec. 20 is aiming to change all that.
12/23/2016
The audit revealed discrepancies in assets and declared income amounting to roughly 45 million euros.
12/22/2016
He also asks whether central banks and supervisors – and their own internal auditors – might be able to drive further improvement, and looks at the independence of internal audit.
12/22/2016
Google has sheltered as much as $58.3 billion in overseas profits
12/22/2016
Deloitte reportedly feared a more draconian punishment unless it made an offer first.