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How your cryptoassets will be taxed in the UK

This means that investors found to be evading tax bills may incur severe penalties – further evidence for why getting your cryptoasset taxes in order is crucial.

Burges Salmon launches innovative new tax App ResiCheck

Firm launches ResiCheck, our App to guide clients on whether they are UK tax resident

New tax information notice for UK financial institutions

Notices can be issued where HMRC is seeking information for its own enquiries, or where it has been asked for information by a foreign tax authority.

Taxing the digital economy

The OECD aims that pillar two will be brought into law in 2022, to be effective in 2023, with the under taxed payments rule coming into effect in 2024.

New tax information notice for UK financial institutions

The changes are intended to enable HMRC to deal more efficiently with requests for information from foreign tax authorities.

The Build Back Better Act: Tax Reform Implications for Private Equity M&A

Following is a brief summary of certain BBBA concepts which, if enacted in its current form, would potentially increase the overall tax burden on certain parties involved in private equity mergers and acquisitions (M&A) transactions and may have year-

European countries and US reach deal on unliteral digital services taxes

The UK, Austria, France, Italy and Spain had wanted withdrawal of DSTs to be contingent on implementation of pillar one, while the US wanted the DSTs withdrawn from 8 October 2021.

How Investec was a player in the world’s largest tax fraud (Part 2)

Investec issued these in its capacity as the pension funds' custodian bank.

United States: Challenges expected in US implementation of OECD agreement on global tax reform

While this agreement is a key milestone in the process, there is still a great deal of technical work ahead, and implementation of the agreement—targeted for 2023—will have its own challenges, including in the US.

Swiss Bank Under Tax Scrutiny in Germany

It isn't clear whether the investigation in Munich is widened to the bank, which didn't comment, or any employees.

Investec implicated in probes into the world’s largest tax fraud (Part 1)

Cum-ex is in the jargon of investment banking, a complex type of trading "strategy".

Fears for TIEAs: mutual exchange agreements want to rule the offshore world

This article considers how courts have approached TIEA requests in three offshore jurisdictions.

Aviation: Belgium to introduce a boarding tax

While the tax is intended to combat environmental pollution, it will clearly help curb the budgetary deficit Belgium is currently facing, as the new measure should raise €30 million.

UK Outlines Beneficial tax treatmen for Asset Holding Companies

Indicative of the potential for greater flexibility in its post-Brexit economic policy, the UK government has affirmed its commitment to implementing a competitive new regime, addressing the domestic tax challenges faced by managers forming intermediate e

Plastic packaging tax

It is important to note that even if the exemption applies, it is necessary to include exempt packaging

UK Patent Box ‘not providing effective incentive’ to life sciences SMEs

The latest ONS figures show that the value of relief claimed under the patent box has continued to increase, with a total of £1,129 million claimed for 2018-2019.

The public law jurisdiction of the UK First-tier Tribunal in VAT cases

Public law arguments must usually be raised by way of judicial review.

How America’s biggest law firm drives global wealth into tax havens

Baker McKenzie has been a pioneer in corporate tax dodging. It now acts for notorious tycoons, arms makers and authoritarian regimes operating in the shadow economy.

Mobile workers and not-so-mobile tax reliefs in the UK

This can be a very expensive mistake! The default position is in fact that general earnings from employment, earned in a year when an individual is tax resident in the UK are chargeable to tax in the UK upon receipt, unless specific reliefs apply and are

Saffery Champness experts listed in Spear's Tax & Trust Index

In the accountants and tax advisers section of the 2021 index partners James Hender and James Sykes (London), and Margi Campbell (Inverness) are recommended to the publication's readers.