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Tax

05/14/2024

Ramón Fonseca Mora, co-founder of the tax advice firm exposed by the ‘Panama Papers’ – obituary

The 11.5 million documents that constituted the Panama Papers detailed the ownership and finances of some 214,000 offshore companies created by Mossack Fonseca.

05/14/2024

Foreign tax authorities made 9.5m disclosures to HMRC about UK taxpayers last year – 48% rise since 2019

Data from tax authorities overseas help HMRC identify individuals who may be evading tax through offshore assets

05/09/2024

US adjusts regulations for EV tax credits, expands eligibility

Vehicles must be assembled in North America to qualify for the credits, and certain plug-in hybrids may also be eligible.

05/09/2024

BDO Malta publishes 2023 Transparency Report

Professional services firm reconfirmed as fifth largest audit and advisory service provider in Malta, based on fee income

05/08/2024

BOV makes €63.7m pre-tax profit in three months, an increase of 36%

Net Interest Income grew by €24.8 million

05/07/2024

‘Fantastic opportunity’ given Bahamas in UK tax change

These are persons who, for UK tax, are treated as resident but have their permanent home in another country.

05/01/2024

One-month tax certificate to halt ‘bush crack, man gone’

As a result, the Department of Inland Revenue has been left with little choice but to intensify its crackdown and tighten the enforcement net.

04/26/2024

One-month tax certificate to halt ‘bush crack, man gone’

As a result, the Department of Inland Revenue has been left with little choice but to intensify its crackdown and tighten the enforcement net.

04/25/2024

NBR exempts tax on interest from offshore bank deposits

The interest amount of offshore bank deposits and loans would get exemptions from payment of taxes at a rate of 20%

04/24/2024

Panama Papers: From Singapore to Switzerland, which are the top tax havens?

Tax havens contribute to financial stability and offer secrecy for financial details from foreign tax authorities

04/24/2024

Tax on gains from offshore banking waived

The exemption of the tax has been given as per Offshore Banking Law 2024

04/23/2024

Tax return deadline approaching for employers and contractors

If a tax return is submitted after then a £250 penalty will be charged

04/22/2024

Claiming EU VAT refund through the 8th Directive

If you are a taxable person established in the EU and have paid VAT in another EU member state, you can claim that VAT

04/22/2024

Deloitte in Jersey Shortlisted for Accountancy Rising Stars Award

She has consistently achieved outstanding academic results and makes a strong quality contribution in the work she performs.

04/19/2024

Corporate income tax cited as firm proposes move to UK

Global tax initiatives of the Organisation for Economic Co-Operation and Development and recent tax law changes in Bermuda have the potential to materially adversely affect our company.

04/19/2024

E-ID Solutions and the Future of E-ID in a World with Artificial Intelligence

He was joined by Jonathan Wauton, Co-Founder and CEO of Tiller Technologies, plus a panel of E-ID users, to discuss real-world experience, and threats such as deepfake technology and online fraud online.

04/18/2024

Deadline passes for land tax

Taxpayers with arrears and without payment arrangements will be subject to legal action.

04/15/2024

R&Q expects 'significant' pre-tax loss for 2023

R&Q also said it had struck a $30 million deal to sell its stake in the Obra Capital joint venture.

04/12/2024

How the tax return backlog has grown and grown

This is based on an average of 33,000 personal tax returns being submitted during each of those years.

04/12/2024

Chamber of Commerce backs call for VAT overhaul

The Chamber says the current VAT rate of 20 per cent 'places a significant strain on our hospitality sector.'

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