Barbados, the Seychelles, San Marino and Trinidad and Tobago fall short of the international standard on exchange of information for tax purposes, the OECD's Global Forum on Transparency and Exchange of Information reported.
The protocol (see SI 2010/2689) to the double taxation agreement between the UK and Switzerland entered into force on 15 December 2010, HMRC announced.
Mazars has appointed Tim Davies as national Head of Tax. Davies has been a Tax Partner at Mazars for over four years, and his previous experience includes roles with PwC, Ernst & Young, and HMRC.
The Registered Pension Schemes (Provision of Information) (Amendment) Regulations, SI 2011/301, and the Registered Pension Schemes (Accounting and Assessment) (Amendment) Regulations, SI 2011/302, make changes to the information about individuals which a scheme administrator is required to repor
HMRC says it will be ‘reasonable about difficulties and mistakes’ made in submitting corporation tax computations and accounts using the Inline eXtensible Business Reporting Language (iXBRL) format, after a Treasury minister rejected claims that the imminent implementation of iXBRL is imposing ‘h
Leading UK banks have said they expect a commitment by government to the creation of ‘a level playing field internationally for UK banks’.
The following draft statutory instruments have been published:
The Authorised Investment Funds (Tax) (Amendment) Regulations, SI 2011/244, amend the Authorised Investment Funds (Tax) Regulations, SI 2006/964, and the Offshore Funds (Tax) Regulations, SI 2009/3001, in order
The Value Added Tax (Amendment) Regulations, SI 2011/254, amend the capital good scheme rules to ensure that they continue to have their intended effect following the amendment of VATA 1994 Sch 10 para 37 by the Value Added Tax (Buildings and Land) Order, SI 2011/86.
HMRC has announced updates to the following guidance manuals in February: