contractors News

UK Mulling Extending Recent IR35 Reforms To Private Sector

by Jason Gorringe, Tax-News.com, London

Tuesday, May 22, 2018

On May 18, 2018, the UK Government launched a consultation on enhancing rules surrounding "off-payroll" working (the IR35 rules), to ensure that contractors who work through their own company pay the right tax. Read Full Story

IRS Warns Taxpayers On Virtual Currency Tax Compliance

by Mike Godfrey, Tax-News.com, Washington

Monday, March 26, 2018

The US Internal Revenue Service on March 23 warned taxpayers that they must report income from virtual currency transactions in their income tax returns. Read Full Story

Australia Legislates To Target 'Black Economy'

by Mary Swire, Tax-News.com, Hong Kong

Wednesday, February 7, 2018

The Australian Government has introduced legislation to crack down on the use of electronic sales suppression tools and to extend the Taxable Payments Reporting System. Read Full Story

American Firms In Kosovo Laud New Tax Perks

by Mike Godfrey, Tax-News.com, Washington

Tuesday, January 9, 2018

The American Chamber of Commerce in Kosovo (AmCham Kosovo) has praised Kosovo for suspending customs duties and excise taxes on certain inputs for local manufacturers. Read Full Story

Seychelles Overhauls Tax Settings In Recent 2018 Budget

by Mary Swire, Tax-News.com, Hong Kong

Tuesday, November 21, 2017

The Seychelles Budget included numerous proposals to change the territory's tax settings, including new corporate tax reliefs and the settings for a progressive personal income tax regime. Read Full Story

IRS Reminds Businesses Of New Jan 31 Filing Deadline

by Mike Godfrey, Tax-News.com, Washington

Friday, November 17, 2017

The Internal Revenue Service on November 16 issued a reminder to employers and other businesses of the January 31 filing deadline that now applies to filing wage statements and independent contractor forms with the government. Read Full Story

Australia Consults On Black Economy Measures

by Mary Swire, Tax-News.com, Hong Kong

Tuesday, October 24, 2017

The Australian Government is consulting on two measures designed to crack down on problems associated with the "black economy." Read Full Story

US Treasury Concludes Review Into Burdensome Tax Regulations

by Mike Godfrey, Tax-News.com, Washington

Thursday, October 5, 2017

The US Treasury Department has released its report on the findings of its review into eight tax regulations identified as potentially burdensome earlier in 2017. Read Full Story

UK Government Blasted Over Freelancer Tax Policy

by Jason Gorringe, Tax-News.com, London

Wednesday, August 9, 2017

The United Kingdom Government's tax and regulatory policies towards freelancers are contributing to record low levels of confidence within the country's self-employed community, freelance and contractor groups have warned. Read Full Story

HMRC Increases Number Of Dawn Raids

by Jason Gorringe, Tax-News.com, London

Tuesday, August 8, 2017

The number of early morning raids undertaken by the United Kingdom tax authority, HM Revenue and Customs, as part of its clamp down on "white collar" tax evasion has increased 34 percent over the last five years, according to Pinsent Masons, the international law firm. Read Full Story

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