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individuals News

Cayman Eases Deadline For CbC Reporting

by Jason Gorringe,, London

Wednesday, February 14, 2018

Authorities in the Cayman Islands have pushed back the deadline for notifying local authorities of which entity will file a country-by-country report, and for filing the first reports. Read Full Story


EU Issues GDPR Tool For SMEs, Guidance For States

by Ulrika Lomas,, Brussels

Wednesday, January 31, 2018

The European Commission has newly launched an online tool to support citizens, businesses – and in particular small- and medium-sized firms – and other organizations to come to terms and comply with new data protection rules being introduced from May 25: the General Data Protection Regulation. Read Full Story


South African Tax Debts Due By January 31 Deadline

by Lorys Charalambous,, Cyprus

Monday, January 22, 2018

The South African Revenue Service has reminded taxpayers that individual tax payment is required by January 31, 2018. Read Full Story


Hong Kong Eases Stamp Duty Rules For Residents

by Mary Swire,, Hong Kong

Monday, January 22, 2018

Hong Kong has relaxed the rules for those buying residential property, with the publication in the Official Gazette of The Stamp Duty (Amendment) Ordinance 2018 on January 19, 2018. Read Full Story


IRS To Begin Using New 'Passport Confiscation' Powers

by Mike Godfrey,, Washington

Wednesday, January 17, 2018

The Internal Revenue Service has warned "seriously delinquent" taxpayers that they risk losing their passports if they fail to regularize their tax affairs. Read Full Story


AAT Calls On UK To Drop Rent-A-Room Tax Reform Plans

by Jason Gorringe,, London

Wednesday, January 17, 2018

The Association of Accounting Technicians in the UK has called on the Government to leave untouched a tax concession for those who rent out a room in their house. Read Full Story


UK Tax Industry Concerned By HMRC's Expanding Workload

by Jason Gorringe,, London

Monday, January 15, 2018

The Association of Taxation Technicians has called on HM Revenue and Customs to ensure that its taxpayer services do not crumble under strain when the Making Tax Digital initiative is rolled out alongside the UK exiting the European Union. Read Full Story


HMRC Praised For Improving Performance In 2016-17

by Jason Gorringe,, London

Friday, January 12, 2018

The UK's Public Accounts Committee has published its annual report into the performance of the UK tax agency, HM Revenue and Customs. Read Full Story


Swiss Court Refuses Information Exchange Request

by Ulrika Lomas,, Brussels

Wednesday, January 10, 2018

Switzerland's highest court has ruled that information relating to certain third parties of a tax evasion case cannot be handed over to US tax authorities. Read Full Story


US Farmers Welcome New Tax Reforms

by Mike Godfrey,, Washington

Tuesday, January 9, 2018

The American Farm Bureau Federation has acknowledged that the latest tax reform bill has provided a number of benefits to US farmers, in comments alongside those of President Donald Trump on the impact of the Tax Cuts and Jobs Act. Read Full Story



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