Do you operate your company in the United Kingdom but the control and management don’t reside there? Then you must be in quite a quandary about your tax situation! Registering for Corporation Tax in Britain has its share … Continue reading
If your company is registered in the UK under Companies House and received ‘notice to deliver a Company Tax Return’ from HM Revenue and Customs (HMRC), it is mandatory to file your returns both with Companies House and HMRC. … Continue reading
Country-by-Country reporting norms for MNEs will make the financial system more transparent and resilient What is Country-by-Country Reporting (CbCR)? More and more countries are requiring multinational enterprises (MNEs) to comply with the new model of tax reporting and compliance. MNEs … Continue reading
All tax filing submissions to HMRC, on or after 1st April 2014, that contain a detailed Profit and Loss (whether it appears in the accounts or computations) must be tagged in iXBRL using the DPL taxonomy. DPL taxonomy is intended … Continue reading