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- Borrowers warned to prepare for sharp rise in mortgage costs
Yesterday, The Bank of England warned that home owners should prepare themselves for sharp rises in the cost of their mortgages.
[Posted: Thu, 17 May 2012 11:25:44 GMT] - Belgian residents subdued by Hollande's tax strategies
It has been reported that approximately, 100,000 Belgians will be affected by French President-elect François Hollande’s impending plans to raise the rate of taxation levied against secondary residences in France.
[Posted: Wed, 16 May 2012 16:01:53 GMT] - Mexico and Qatar sign new DTA
On Monday 14 May 2012, José Antonio González Anaya, who serves as Mexico’s Deputy Secretary of the Treasury and Public Credit and Moftah Jassim Al Moftah, who is Qatar's Director of Public Revenues and Taxes, signed a double taxation agreement between their two respective countries.
[Posted: Wed, 16 May 2012 15:59:43 GMT] - UK donations to qualify for UK top up payments
It has recently been reported that charities will be able to claim top-up payments on particular small donations without requiring donors to claim tax reliefs.
[Posted: Tue, 15 May 2012 12:05:40 GMT] - Hong Kong set to end Corporate Capital duty
Ada L.L. Chung, The Registrar of Companies, has formally announced that the capital duty presently imposed on Hong Kong companies will be ended from Friday 1 June 2012.
[Posted: Tue, 15 May 2012 12:02:54 GMT] - UK government blasted over IR35 proposals
According to members of the freelance community, HMRC has squandered a great chance to bring lucidity, transparency and impartiality in dealing with the intermediaries legislation often referred to as IR35.
[Posted: Mon, 14 May 2012 15:19:57 GMT] - UK e-seller amnesty deadline approaching
HMRC has issued a warning to those trading via the internet and who could possibly have tax inconsistencies that they now have just one month to become a part of the e-Markets Disclosure Facility tax amnesty aimed at e-sellers in order to take advantage of the lower penalty rates on offer.
[Posted: Mon, 14 May 2012 15:13:02 GMT] - Hungary to abolish Bank Tax
The Hungarian government has officially announced their plans to reduce the country’s bank tax by half in 2013, before consequently eliminating the levy in 2014.
[Posted: Fri, 11 May 2012 10:13:42 GMT] - HMRC develops RTI pilot
HM Revenue and Customs has officially publicised the adding of a further 310 employer schemes to its Real Time Information pilot, which saw its official launch this past April.
[Posted: Fri, 11 May 2012 10:11:33 GMT] - FSA discloses plans for £100 million redress scheme for Arch cru investors
The Financial Services Authority has launched a three-month consultation on setting up a redress scheme for an estimated 15,000 investors who were mis-sold the CF Arch Cru Investment and Diversified funds by several hundred financial advisors.
[Posted: Fri, 11 May 2012 09:08:42 GMT]
