HMRC umbrella company ‘checking tool’ looms for workers
Umbrella company consultation response and guidance due from HMRC, as more details come out on Tax Administration and...
READ MOREOECD program uncovers €4.9 trillion in offshore holdings
An intergovernmental initiative to crack down on tax cheats has uncovered €4.9 trillion (USD 5.5 trillion) held offshore for individual and corporations in approximately 47 million bank accounts.
The data, published Friday by the Organisation for Economic Cooperation and Development (OECD), is the result of a broader effort by the Group of 20 to stop the criminal exploitation of bank secrecy laws by tasking nations to automate information-sharing on bank accounts held in their jurisdiction on behalf of foreign nationals.
Read more at KYC360.
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Government ‘kicking audit reforms into the long grass’
A beginner’s guide to the taxes you’ll hear about this election...
National insurance, income tax, VAT, capital gains tax, inheritance tax… it’s easy to get confused about the many...
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With bitcoin hitting new highs, it’ll likely reach the US$100,000...
Cryptocurrencies are surging again. Bitcoin has just hit an all-time high of more than US$72,000 (£56,300), pushing...
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