Tax

Corporate income tax accounts for 19.2 percent of the total tax take in Africa and 15.6 percent in Latin America and the Caribbean

The Ukrainian parliament has adopted a law commonly referred to as the Tax Amnesty Law, which introduces voluntary disclosure program with respect to unreported taxable income and assets, international law firm Baker McKenzie has noted.

HMRC has shut down its specialist unit focused on Family Investment Companies (FICs) after it found no correlation between usage and non-compliant behaviours

HMRC has launched a new consultation proposing changes to  the tax treatment of the self-employed, including members of professional partnerships which will, if introduced, aim to simplify the manner in which their income tax liabilities are calculated

Self Assessment taxpayers required to make a payment on account (POA) HMRC by 31 July may not need to do so, a tax and advisory firm has suggested

The UK property market is booming, with house prices up by 10 percent in the last year alone. But with the stamp duty holiday turbocharging buyer demand across the nation, it’s impossible to tell which areas are actually going from strength to strength and which could soon see the bubble burst, causing property values to plummet

More than 300,000 tax credits customers have until the end of the week to renew their claims before the 31 July deadline, HMRC has warned

London-based tax and advisory firm Blick Rothenberg revealed that latest UK government tax receipts show that there were a record 213,120 residential property transactions last month as buyers looked to seal deals before the stamp duty holiday partly ended

Following a Freedom of Information request, London-based independent law firm Gherson Solicitors has shown that HMRC has requested information from other tax administrations to obtain information held by cryptoasset exchanges and data holders outside the UK

Russian business owners will be able to transfer business and personal assets worth at least RUB 100 million to new private foundations established under Russian law, from 1 March 2022