13 Apr 2022 Jersey reflects on BEPS 2.0 By Bezhan Salehy Yesterday the Government of Jersey published a “reflective paper” that sets out its current approach to the OECD BEPS 2.0 reforms, and...
01 Apr 2022 UK asset holding company regime opens for elections By Rhiannon Kinghall Were Following two years of consultation, the UK qualifying asset holding company (QAHC) regime has opened its doors.From 1 April 2022...
25 Mar 2022 Spring Statement 2022: key announcements for tax compliance By Jackelyn West, Sophie Rhind It comes as no surprise that the Spring Statement 2022 is focused on the cost of living crisis exacerbated by the war in Ukraine. As well...
16 Mar 2022 Pillar Two: the latest developments from the OECD and EU By Bezhan Salehy The OECD continued the process of Pillar Two implementation with two announcements on Monday 14 March.The first was the publication of...
01 Mar 2022 HMRC updates its guidance on the VAT treatment of contract termination payments By Jack Slater, Chris Mortimer After a long wait, HMRC has finalised its guidance on the VAT treatment of contract termination payments in R&C Brief 2 (2022). The...
21 Feb 2022 Next steps for UK funds regime review By Rhiannon Kinghall Were On 10 February 2022 HMT published its formal response to its review of the UK funds regime and set out a series of actions it is planning...
20 Jan 2022 2022 edition of the OECD Transfer Pricing Guidelines By Bahar Ozbaris The OECD has today released the 2022 edition of the OECD Transfer Pricing Guidelines for multinational enterprises and tax...
11 Jan 2022 Minimum tax: maximum pace set by UK By Bezhan Salehy The UK Government has today launched a consultation on domestic implementation of the OECD’s Pillar Two minimum tax proposals. Coming...
11 Jan 2022 The latest twist for Pillar Two By Ceinwen Rees In an interesting twist to the Pillar Two roll-out, last week (6 January) the Business at OECD (BIAC) issued a very negative open letter...
20 Dec 2021 OECD published model Pillar Two GloBE rules By Bezhan Salehy The OECD has today published model provisions for the Pillar Two GloBE rules, which seek to ensure multinationals pay a minimum effective...
14 Dec 2021 A last minute tax Christmas present? By Bezhan Salehy With Christmas fast approaching, will the OECD be giving the tax community a last minute present in the form of the Pillar Two model...
02 Dec 2021 HMRC takes action to improve large business tax administration By Rhiannon Kinghall Were There has been growing recognition that the relationship between large businesses and HMRC has become more strained. It was therefore...
01 Dec 2021 IHT and CGT simplification – meaningful reform off the table following OTS review By Rhiannon Kinghall Were The duo of reviews conducted by the Office of Tax Simplification (OTS) into inheritance tax (IHT) and capital gains tax (CGT) have...
01 Dec 2021 Transfer pricing: master & local file in, IDS out...for now By Adrian Maasch Yesterday, HMRC released a summary of the main findings of its consultation on "transfer pricing documentation" launched on 23 March...
30 Nov 2021 UK transitions to OECD mandatory disclosure rules By Jeremy McCallum Today, HMRC launched its long awaited UK mandatory disclosure rules (MDR) consultation process. The process seeks views on the design of...
05 Nov 2021 A digital tax by any other name? By Bezhan Salehy As part of the agreement on the Pillar One international tax reforms 136 OECD Inclusive Framework countries have committed to withdraw...