09/10/2021
Employment tax issues that not-for-profit organisations need to be aware of
There is no tax and NIC applied to purchases made by employees for home-office equipment until 5 April 2022 due to the Coronavirus pandemic.
09/06/2021
FOI request reveals HMRC owes millions after landmark 'round the world' case
The follower notice tells P that they may be liable to a penalty of up to 50% of the tax and/or NICs in dispute if they do not amend their return or settle their dispute."
08/27/2021
Once the XML files are completed they should be submitted on the CTD’s electronic government gateway portal (known as Ariadni).
08/26/2021
Big Four firm and former partner receive severe reprimands from UK accounting watchdog
08/23/2021
Richard adds that in addition to an IRS crackdown, the Treasury Department could seek changes to the Malta treaty.
08/19/2021
Against this backdrop, the Middle Eastern economies are battling lower oil prices and budget deficits, which in turn increase the pressure for fiscal receipts.
08/18/2021
The Supreme Court, in its judgment, found that the legal concept of ‘estoppel by convention’ applied in this case.
08/13/2021
Tax havens meet monopoly power: why national competitiveness harms competition
There is more than one possible answer, but in many countries a “Competitiveness Agenda” holds sway.
08/10/2021
The Luxembourg Court has also issued several decisions, which addressed challenges by the Luxembourg tax authorities of periods following the entry into force as of 1 January 2015 of the formal ruling procedure.
08/10/2021
The third party will usually be notified in advance that an application for the issue of a notice is going to be made and will have an opportunity to submit representations regarding the information required.
08/06/2021
Ingenious therefore created film finance partnership schemes – which funded some of the world’s most successful films
08/06/2021
Similarly, Crypto’s status as intangible property under NYS guidance means that it should not be subject to sales and use tax.
08/05/2021
Significant focus should be given to how R&D tax reliefs can be used to further encourage and incentivise R&D investment.
07/30/2021
The updated Singapore–Indonesia DTA that was signed by the respective representatives of Singapore and Indonesia on 4 February 2020 has been ratified by Indonesia on 11 May 2021 and entered into force on 23 July 2021 in Singapore.
07/30/2021
It is also well established in other international financial centres and British Overseas Territories, such as Bermuda2.
07/30/2021
This includes employees and directors who are posted or made available as part of an intra-group transfer, for instance, from a foreign parent company to a subsidiary based in France.
07/28/2021
As for UK resident beneficiaries of non-UK resident trusts
07/27/2021
The government issued a second consultation on the proposals in December and has now set out the plans for reform in draft legislation, a policy paper and a consultation response document.
07/26/2021
Malta is on the hunt for international tax dodgers
07/21/2021
The new law is a long overdue acknowledgement that this process starts off on an unnecessarily hostile basis