09/16/2014
OECD: Global firms need new tax rules
At the request of the G20 Leaders, the OECD’s work is based on a BEPS Action Plan setting out the 15 key elements to be addressed by 2015
Tax
09/15/2014
Fears over tax loophole as Scottish independence could see thousands of wealthy people start claiming 'non-domicile' status
Scottish independence could see thousands of wealthy people start to claim ‘non-domicile’ tax status, experts predict.
09/15/2014
Online tax risks according to Baker Tilly
Using online sites such as eBay or Airbnb can be a great way of earning some extra money, but if these are being used for carrying on a trade, it is the responsibility of private traders to disclose their earnings to HMRC and pay the correct amount of ta
09/10/2014
T'ain't What You Do (It's the Way That You Do It) by Andrew Hubbard
A recent report into the experience of SMEs subject to HMRC compliance checks shows that tone is just as important as content.
09/09/2014
Key deadline for trustees looming – thankfully HMRC makes things clearer by Gary Heynes, Baker Tilly
Trustees of UK family trusts will be aware that the deadline for registration for those caught by the US Foreign Account Tax Compliance Act (FATCA) rules is looming.
09/09/2014
Government of Canada Strengthens Collaboration With the United Kingdom
Minister of National Revenue concludes two days of meetings in London
09/08/2014
Joint statement by Minister of National Revenue Findlay and U.K. Financial Secretary to the Treasury Gauke
The Honourable Kerry-Lynne D. Findlay, P.C., Q.C., M.P., Minister of National Revenue, and David Gauke, Financial Secretary to the Treasury for the United Kingdom and responsible for Her Majesty's Revenue and Customs, met today.
09/07/2014
Baker Tilly warns online traders
Accountancy firm Baker Tilly has warned online traders to ensure they declare earnings after a man was convicted earlier this week
09/07/2014
No Isas for Americans: Post Office 'overreacts' over hated US tax law
The Post Office has said it will no longer stop US citizens from applying for a cash Isa
09/05/2014
Expats could cut UK financial ties
Under current rules, expats are able to offset income earned in Britain against tax.
09/05/2014
Isle of Man signs tax agreement with Swaziland
The Isle of Man has now signed 42 agreements which meet OECD standards
09/04/2014
Most Dutch banks are 'vague' about tax avoidance
Seven Dutch financial institutions may be involved in evading taxes and are ‘extremely vague’ about what they do to ensure this does not happen, the Dutch Fair Bank Guide said on Wednesday.
09/04/2014
EU Tax-Asset Moves Boost Banks While Sustaining Doom Loop
Greece is considering a similar move. All but Italy received bailouts during the debt crisis that included aid for banks.
09/03/2014
Swiss completes tax-dodge payments to Britain, Austria
Switzerland said on Monday (Sep 1) that it had completed a programme to pay Britain and Austria hundreds of millions of euros in settlements for past tax-dodging by their citizens.
09/03/2014
Wealthy Finns reveal hidden assets as Swiss bank secrecy comes to an end
Finnish tax authorities were taken aback last spring when dozens of Finns with assets stored in Swiss bank accounts requested corrections to their tax data to reflect undeclared income.
09/03/2014
Seychelles commit to sharing tax information
The country becomes the 46th jurisdiction to join the initiative launched by the G5.
09/02/2014
Cyprus: Double Tax Agreement Between Cyprus And Lithuania Now In Force
The double tax agreement between Cyprus and Lithuania, which was signed in June 2013, is now in force and will take effect from 1 January 2015.
09/02/2014
Time running out to own up to tax avoidance
Expats who have failed to pay their taxes may find the attractive option of using the Liechtenstein Disclosure Facility blocked, thanks to changes made to it recently.
09/02/2014
Arthur Andersen returns 12 years after Enron scandal
One of the financial world's most infamous names is making a comeback, more than a decade after a major accounting scandal saw it vanish.
08/31/2014
Jail for offshore tax evaders
The crackdown, which could make criminals of those ignorant of tax law or those who forget about assets, is contained in proposals made by HM Revenue & Customs earlier this month.