04/01/2019
Making Tax Digital has arrived
HMRC knows businesses will require time to become familiar with the new requirements.
Tax
03/31/2019
'Thought Provoking' Tax Conference Timed to Perfection
Eleven guest speakers addressed a range of matters from transparency initiatives to tax enforcement and data privacy.
03/29/2019
Year-end and general UK tax planning for international clients
Care needs to be taken when spending time in the UK so as not to breach the UK Statutory Residency Test rules.
03/28/2019
How can the EU deal with Tax Evasion and Financial Crime?
The report claims that the 28 EU members aren’t putting enough effort into dealing with financial crime or tax evasion.
03/27/2019
HMRC wins £40 million battle against tax avoidance promoters
HM Revenue and Customs has won a legal case over tax avoidance scheme promoter Hyrax Resourcing Ltd, which will help the tax authority collect over £40 million in unpaid taxes.
03/26/2019
UK Government details scale of loan scheme tax avoidance
HM Treasury will publish a report on disguised remuneration schemes and government measures to tackle these arrangements.
03/26/2019
'Accidental Americans' in France increase pressure on US over tax bills
Despite this they often find that they are eligible to pay tax on their global income in America because US tax eligibility is based on citizenship and not residency (as it is in most countries).
03/19/2019
GSD says tax treaty is ‘intrusive, harmful and politically inexplicable’
“It is, once again, another bad deal which is being given the hard sell by the Government.”
03/18/2019
Many offshore havens more compliant than the UK
There are no HMRC figures on how much tax is lost to the UK’s coffers in this way, but estimates put it in the billions.
03/18/2019
Luxembourg tax reform for 2019: Part II
For a Luxembourg company with profits exceeding EUR 200,000, the aggregate tax rate will decrease to 24.94%[1] from 26.01%.
03/17/2019
Raising corporation tax may seem like a vote winner, but it makes all of us poorer
The wrongdoing he had in mind is money laundering and tax evasion.
03/17/2019
Backlog of tax disputes hits 28,800 as HMRC shows no let-up in pursuing tax avoiders
Backlog of tax disputes has risen for three years in a row
03/15/2019
Clarifications on “portfolio management of investment in real estate”
All other services would be remunerated based on a lump-sum payment determined as a percentage of the rental fees collected by the management company for the immovable property comprising the portfolio.
03/15/2019
IEA says attacks on tax havens undermine competition and privacy
IEA release report on offshore financial centres
03/14/2019
HMRC blames carelessness for unpaid tax
HMRC stated it would tailor its approach depending on the type and size of the taxpayer or business it was dealing with.
03/13/2019
RSM's Weekly Tax Brief - Tax and the Spring Statement
RSM’s weekly round-up of the most important tax news
03/13/2019
Cayman dodges tax list but pressure persists
Officials from the Cayman Islands Ministry of Financial Services said that government was pleased Cayman was not on the black-list
03/13/2019
Need for IHT advice underestimated
The Chancellor’s review into the inheritance tax system is welcome
03/13/2019
Tackling tax avoidance, evasion and other forms of non-compliance
The government is committed to ensuring everyone, whether an individual or a business, pays their fair share of tax.
03/13/2019
No Safe Havens 2019
HMRC’s strategy for offshore tax compliance.