Tax Aware Issue 16: April 2022 News Lifting the veil: Beneficial ownership register of overseas entities with UK property The Economic Crime (Transparency and Enforcement) Act 2022 was pushed through parliament at breakneck speed, and with it sees the introduction of a public register for all non-UK entities owning UK land that meet certain criteria. News Employee Ownership Trusts: Viable ownership structures? Since the COVID-19 pandemic, there has been a cultural shift towards employees influencing the successful growth of businesses. News Spring Statement: Spinning into the new tax year In early preparation for the new tax year on 6 April 2022, the Chancellor, Rishi Sunak, announced his Spring Statement on 23 March. News Buying a property in Cote d'Azur? Watch out for the French Civil Code UK nationals with cross-border estates often require careful succession planning. Estate planning is particularly important with assets in countries such as France, which applies forced heirship rules on death. News Consultancy versus employment: The latest in the IR35 saga Two recent decisions of the First-tier Tax tribunal (Basic Broadcasting Limited and Little Piece of Paradise Limited) have confirmed what has long been recognised: when it comes to off-payroll working disputes, they can take a long time to conclude and can conclude inconsistently. News Privacy versus FATCA, CRS and Public BO Registers: An update The question of whether public registers of beneficial ownership are compatible with individuals' fundamental rights to privacy and data protection is currently before the Court of Justice of the European Union. News Recruitment companies and tax fraud: Due diligence is key HMRC are continuing to investigate high levels of suspected fraud in labour supply chains, and by companies offering payroll services in particular. News Tax Aware FAQ: Do I have to register my trust under the Trust Registration Service? In light of the recently expanded HMRC Trust Registration Service (TRS), this article outlines whether you need to register your trust, by when and what information to register. Subscribe Never miss a publication by signing up to our mailing list Subscribe Tax Aware: Subscribe
News Lifting the veil: Beneficial ownership register of overseas entities with UK property The Economic Crime (Transparency and Enforcement) Act 2022 was pushed through parliament at breakneck speed, and with it sees the introduction of a public register for all non-UK entities owning UK land that meet certain criteria.
News Employee Ownership Trusts: Viable ownership structures? Since the COVID-19 pandemic, there has been a cultural shift towards employees influencing the successful growth of businesses.
News Spring Statement: Spinning into the new tax year In early preparation for the new tax year on 6 April 2022, the Chancellor, Rishi Sunak, announced his Spring Statement on 23 March.
News Buying a property in Cote d'Azur? Watch out for the French Civil Code UK nationals with cross-border estates often require careful succession planning. Estate planning is particularly important with assets in countries such as France, which applies forced heirship rules on death.
News Consultancy versus employment: The latest in the IR35 saga Two recent decisions of the First-tier Tax tribunal (Basic Broadcasting Limited and Little Piece of Paradise Limited) have confirmed what has long been recognised: when it comes to off-payroll working disputes, they can take a long time to conclude and can conclude inconsistently.
News Privacy versus FATCA, CRS and Public BO Registers: An update The question of whether public registers of beneficial ownership are compatible with individuals' fundamental rights to privacy and data protection is currently before the Court of Justice of the European Union.
News Recruitment companies and tax fraud: Due diligence is key HMRC are continuing to investigate high levels of suspected fraud in labour supply chains, and by companies offering payroll services in particular.
News Tax Aware FAQ: Do I have to register my trust under the Trust Registration Service? In light of the recently expanded HMRC Trust Registration Service (TRS), this article outlines whether you need to register your trust, by when and what information to register.