10/04/2021
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
09/30/2021
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.
09/30/2021
The barristers listed below have been selected by Spear’s for their proven excellence in the field
09/29/2021
This edition focusses on HMRC’s approach to Wealthy individuals, how this is changing and how your wealthy clients can better prepare for interactions with HMRC.
09/29/2021
Indictment Alleges that Defendants Conspired to Help U.S. Clients Evade Taxes on More Than $60 Million Hidden Offshore
09/27/2021
The fact that the overarching contract is not a contract of employment and there is no obligation under the overarching contract to offer work, or to do work if offered, does not mean that the single engagement cannot be a contract of employment.
09/23/2021
This review seeks to understand better what led to Cayman being ranked first on the 2020 FSI
09/22/2021
Overview of US Tax Provisions of Build Back Legislation Approved by House Ways & Means Committee
The legislation has a way to go before it is enacted into law but nonetheless provides an overview of changes likely to find their way into the Internal Revenue Code.
09/21/2021
Complaints of delays in the UK’s first-tier tax tribunal
At present in a tax case there are four levels of appeal, with cases starting in the FTT, then progressing to the UT, Court of Appeal and Supreme Court, if permission to appeal is granted at each stage.
09/16/2021
In any event, even under current law, the unified exemption amount will automatically decrease to $5 million (plus an inflation adjustment) come January 1, 2026.
09/14/2021
Tax consequences of volume ownership
The new concept of “volumes” refers to a geometric space of three dimensions, geographically located at a well-defined place.
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.