½Û×ÓÊÓÆµ

Tax News

Brexit Bulletin—ESC reports on EU policy areas of UK significance, including cybersecurity, data adequacy, market access for goods under the Northern Ireland Protocol, and transparent tax reporting

Published on: 24 March 2021
Published by a

Specialist Tax Regulatory Materials

news-detailpage-img

Article summary

The European Scrutiny Committee (ESC) has published its 40th report on recent draft EU legislation and policy documents deposited in Parliament by the government. The ESC gauges the legal and political importance of each legislative proposal, document or policy and, where appropriate, inquires further on its implications and/or recommends it for debate in Parliament. Subjects identified as legally and/or politically important in this instance include the European Commission's cybersecurity strategy and a proposal for a revised Network and Information Systems Directive, the draft data adequacy decisions for the UK proposed by the European Commission, market access for goods under the Northern Ireland Protocol, and the public country-by-country tax reporting of multinationals in the EU.

Jurisdiction(s): England, Northern Ireland, Scotland and Wales

Popular Articles

Exemption ― burial and cremation

Exemption ― burial and cremationThis guidance note provides an overview of the VAT treatment of services that are provided in connection with the burial or cremation of human remains.VAT treatmentThe following services are exempt from VAT:•the disposal of the remains of the dead•making arrangements

14 Jul 2020 11:38 | Produced by Tolley Read more Read more

Corporate interest restriction ― administrative aspects

Corporate interest restriction ― administrative aspectsThe corporate interest restriction (CIR) regime has some specific administrative rules in addition to the general administrative requirements for corporation tax returns. This guidance note does not include commentary on provisions that are

14 Jul 2020 11:19 | Produced by Tolley Read more Read more

Long service awards

Long service awardsEmployee recognition by an employer can be an important motivational tool, as well as having a positive effect on retention. Most employer awards made to an employee are treated as taxable earnings under ITEPA 2003, s 62 or as a benefit under ITEPA 2003, s 201 because they are

14 Jul 2020 12:11 | Produced by Tolley Read more Read more