HMRC’s new powers to tackle electronic sales suppression
The HMRC has issued advice about the new powers and penalties under the Finance Act 2022 to tackle electronic sales...
READ MORELength of UK prison terms for money launderers at record high in 2018: Report
Convicted money launderers in the UK are facing longer prison terms following revisions to the jurisdiction’s sentencing guidelines in 2014, the Financial Times reported Sunday.
The average prison sentence for money-laundering offences rose to 27 months in 2018, marking a 32-percent increase from the average in December 2008 and a record high for convicted UK money launderers, the newspaper reported, citing research by Thomson Reuters.
Read more at KYC360.
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HMRC asks businesses to get ready for Brexit
NICs increase has immediate impact on business
Research of more than 1,100 UK employers by the British Chambers of Commerce has uncovered a series of negative...
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Digital platform reporting rules to start January 2024
New reporting rules for digital platforms will be implemented from 1 January 2024, said the HMRC.
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