News

Companies House make redundancies in cost cutting measures

The UK Companies House has outlined plans to reduce costs of baseline activities by 3.5%, despite having an increased workload, and will focus investment on improvements to digital services, expecting to have digital filing options for 99% of accounts by March 2018.


As per new legislation recently announced by the government, the Australian Taxation Office (ATO), going forward, will be allowed to disclose any data regarding the tax debts of certain businesses to relevant credit reporting officials.


In an interview with the Financial Times, German Finance Minister & Politician, Mr Wolfgang Schauble has claimed that the current G20 regulations regarding tax avoidance would limit the UK’s aptitude to give tax breaks to companies where due after leaving the European Union.


Singapore tax system complies with latest OECD proposals

The OECD (Organisation for Economic Co-operation and Development) announced earlier this month a number of new tax proposals. Those proposals are aimed at preventing aggressive tax planning by multinationals.


UK Tax Treatment of Delaware LLCs

The UK's tax treatment of limited liability companies in the US could remain mostly unchanged despite a recent Supreme Court decision in favour of taxpayers, the HMRC has confirmed.