Having your say I thought it would be useful to remind you all of certain draft IR document’s presently out in the public arena for feedback, from both the perspective of reminding you of closing submission dates in case you were eager to share your views with the policy drafters, or in more general terms, […]
Packing up and moving to another country will often involve multiple decisions, some of which can have material consequences if the wrong choice is made. The process is often made harder, by the numerous emotions that will usually accompany the shift, namely leaving family and friends, learning new cultures and customs and navigating the new […]
Sea Captain’s application dismissed For those of you who provide tax residency opinions for your clients, you will no doubt have been following the Van Uden case, which similar in vein to the Diamond landmark decision, required the Court to consider the facts and make a determination with respect to the issue of whether or […]
When it comes to calculating your company’s Corporation tax liability, there are certain items of expenditure which can be deducted when calculating taxable profit and other items of expenditure which cannot. Knowing what your company can and cannot deduct from its profits for tax purposes is important as fundamentally it will reduce the amount of […]
Making Tax Digital! There’s been a lot of hype about this new government initiative in recent months, but what does it actually mean for you? Making Tax Digital (MTD) has been rolled out by HM Revenue and Customs in order to make the UK tax system more effective, efficient and easier for its users. The […]
Watson finding of no real surprise Arguably the highlight of the week for some people I spoke to, was the release of the High Court’s finding for the Commissioner, against Eric Watson’s Cullen Group challenge to IR’s assessment of NRWT. When Mr Watson decided to relocate to the UK in 2002, I expect his esteemed […]
Increase in Minimum Wages As most of you will probably know by now, at times I like to share little gems of information that are not exactly pure tax-related in themselves, although this item naturally has taxation considerations attached to it. It is hard to believe that we are already into March, meaning that not […]
IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Rifaath Jaleel of MHPA LLP. Rifaath has joined IR as our exclusive Accounting Services, Audit & Assurance, and Tax (Accountants) Member in The Maldives. Mr. Rifaath Jaleel is the Managing Partner of the firm. He holds a Bachelor of Business (Accounting) […]
First, it was remote services GST…. Introduced to capture amongst other things, the potential missed GST on the ever-increasing acquisition of offshore digital products by NZ based consumers, the remote services (the “Netflix tax”) GST regime has effectively changed the “place of supply” rules where a non-resident supplier is involved, to now deem an NZ […]
In order to comprehend why Artificial Intelligence is so relevant to the companies that performs in tax area today, we firstly need to understand how the technology advanced through the years.Back in 1949, Arthur Lee Samuel introduced us to what probably was the first A.I. demonstration: a self learning program, provided with an awesome technology […]
Remember director’s full names While not exactly tax flavoured, I thought it was important nonetheless, to pass on a recent reminder issued by the Companies Office, that directors must provide their full names for the purpose of the Companies Register. In essence, this should be the name appearing on their driver’s license or passport. The […]
IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Joseph Sunday Kofoworola of Oak Chartered Accountants. Joseph has joined IR as our exclusive Tax (Accountants) Member in Nigeria. OAK Chartered Accountants is an accounting and consultancy firm located in Lagos, Nigeria. The Firm focuses its practice primarily to engage in providing accounting, management […]