HMRC ‘Housted’ as a preferential creditor

When the Restructuring Plan was introduced, the government stated the intention was for it to be used not only for large multi-national entities, but for small and medium sized enterprises as well. So far, it has only really been used by big businesses.


Tax default can lead to FCA scrutiny

A person’s details may not be included in the list if the penalty has been reduced fully to account for the individuals’ co-operation and disclosure.


Hong Kong’s Foreign Income Tax Reform

This change will have a profound effect on the taxation of such income in Hong Kong and we recommend that timely action be taken to prepare for the tax changes.