News Archive

EU to delay Brexit until October over failed negotiations

The European Union has granted the UK a "flextension" until Oct. 31. The European Union has agreed to delay Brexit until Oct. 31, but the question now is if the British Parliament can craft in seven months an acceptable Withdrawal Deal it's failed to accomplish in 2-1/2 years.

UK's Making Tax Digital Initiative To Cover Only VAT Until 2021

British businesses have welcomed confirmation from the UK Government that Making Tax Digital will not be rolled out to other taxes and more businesses in 2020.

UK's Making Tax Digital Initiative To Cover Only VAT Until 2021

British businesses have welcomed confirmation from the UK Government that Making Tax Digital will not be rolled out to other taxes and more businesses in 2020.

Belgian Cabinet Approves Brexit Tax Law

Belgium's Council of Ministers has approved a draft law that would temporarily treat the United Kingdom as a member of the European Union for Belgian tax purposes should the UK leave the EU having failed to agree any withdrawal arrangements.

Latest 'No-deal' Brexit VAT Guidance from HMRC – Act Now to Avoid Missing VAT Refunds

RSM UK's Andy Ilsley and George Bull with a Brexit VAT update

Switzerland, UK Agree On Post-Brexit Trade Relationship

The UK and Switzerland have signed a trade continuity agreement that will serve as a basis for their trading relationship after Brexit.

Tax return deadline is missed by 700,000

A total of 700,000 people missed the deadline for submitting their self-assessment tax returns, according to HM Revenue and Customs.

EU To Probe Potential Abuses Of Citizenship By Investment Schemes

For the first time, the Commission has presented a comprehensive report on investor citizenship and residence schemes operated by a number of EU member states.

Launches Profit Diversion Compliance Facility For MNEs

HM Revenue and Customs (HMRC) has announced plans and guidance for a new Profit Diversion Compliance Facility, which is intended to support multinational companies (MNEs) concerned about their transfer pricing arrangements to resolve any issues with the tax agency.

Brexit impact hits UK business by 16 per cent, study finds

Findings show firms with a UK focus most affected The impact of the Brexit vote has reduced the value of UK companies by 16 per cent, according to new analysis.

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