The issue of corporate economic substance is high on the agenda of tax authorities globally, following recent developments to improve fairness and cooperation in international tax. Following requests from the EU’s Code of Conduct Group (Business Taxation), the ‘Crown dependencies’ have agreed to introduce legislation that will require resident companies carrying on certain specified activities…
UK and Cyprus have a very strong relationship that is getting deeper and wider. British High Commissioner to Cyprus, Stephen Lillie said on Thursday that the UK and Cyprus have a very strong relationship that is getting deeper and wider, noting that defence engagement was an important part of this growing relationship. Lillie on Thursday…
Significant and wide-ranging changes are being introduced in relation to the taxation of UK property, some of which already apply for transactions taking place from 6 April 2019, others taking effect from 6 April 2020. Real estate held by non-UK residents From 6 April 2019, disposals of UK commercial property by non-residents have been brought…
Basic Tax Saving tips for UK taxpayers under 18 We have seen a number of people, and no doubt you will have heard of, celebrities, footballers and others who have entered into complex arrangements which failed to save tax and now face bankruptcy. We find this very frustrating, especially when they have not used all…
Exsus is growing. Like any company that has existed for a while, there comes a point where it is important to regroup and reconsider the values and qualities that the company is expressing. If something is not supporting our ideals, it is time to find a new way to present ourselves. This is an opportunity…
Virgin Media O2 launches following £31bn merger… Virgin Media and O2 have completed their £31 billion merger with a pledge to “upgrade” the UK with investment in fibre and 5G infrastructure. Parent companies Liberty Global and Telefonica first agreed to combine their UK assets in 2020 and received final approval from competition authorities last month. The deal…
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