UK Tax

Fair Tax Mark to reward tax justice

¨In this interesting article published by The Guardian and written by Craig Scott, the author discusses the relevance, pros & cos of the Tax Mark launching as a reward for transparency and fairness in corporate taxation practices and policies.¨ "In this world nothing can be said to be certain, except death...

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Latest News

UK Tax Budget 2012

UK Tax Budget 2012 - The Association of Taxation Technicians has produced a Special Report on the March Budget in their April 2012 Newsletter. The full Report is detailed below: The contents of George Osborne’s third Budget were so well rehearsed that the real thing threatened to be an anti-climax. Was there anything left...

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Asking HMRC for Advice; Inheritance Tax – Documenting Lifetime Transfers; Stamp Duty Land Tax

The following articles appeared in Tax Insider: Sleeping with the Enemy – Asking HM Revenue and Customs for Advice on Tax By James Bailey | April 2010 James Bailey points out that free advice is not always the best advice. This article is being written by request – apparently from time to time people tell the Tax...

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UK Tax Agreement with Switzerland

The UK government has agreed measures with Switzerland to tackle offshore tax evasion. Under the terms of an agreement, existing funds held by UK taxpayers in Switzerland will be subject to a significant one-off deduction of between 19% and 34% to settle past tax liabilities. From 2013, a new withholding tax...

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UK tax residence update

As reported by Grant Thornton, the Government has today released its consultation on the long awaited statutory definition of residence which they are seeking to introduce from 6 April 2012. Current position Taxpayers are generally held to be resident in the UK if they are physically present in the UK for 183...

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2010 OECD Model Tax Convention, Transfer Pricing and updated PE definition

The OECD Council has approved the 2010 versions of the OECD’s Model Tax Convention, the 1995 Transfer Pricing Guidelines and the 2008 Report on the Attribution of Profits to Permanent Establishments....

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Gibraltar update on Tax Information Exchange Agreements TIEAs

The list below contains the Tax Information Exchange Agreements (TIEAs) signed by Gibraltar. Belgium-Gibraltar (16 December 2009) Iceland - Gibraltar (16 December 2009) Sweden - Gibraltar (16 December 2009) Faroes Islands - Gibraltar (20 October 2009) Finland - Gibraltar (20 October 2009) Greenland - Gibraltar (20 October 2009) Portugal -...

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