Pillar Two begins to take hold
Pillar Two, a global tax reform initiative by the OECD, is currently aimed at multinational corporations with annual revenues exceeding €750 million. While many businesses fall below this threshold, its…
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Embracing digital trade to overcome protectionism
Global trade is becoming increasingly challenging due to rising protectionism and market fragmentation. However, digital trade offers a promising solution to overcome these barriers. Current trade environment Protectionist measures are…
Setting up payroll for UK employees
For international businesses entering the UK, setting up payroll can seem daunting due to unfamiliar regulations and requirements. However, with proper guidance and preparation, you can ensure a smooth and…
The Personal Tax Trap: Preparing for the Upcoming Budget
By Shailesh Patel FCA, Partner With the next UK Budget scheduled for 30th October 2024, attention is sharply focused on the fiscal changes that may be introduced. This Budget is…
Reminder – The deadline to register for Self-Assessment is approaching
When you’re self-employed, keeping track of essential dates and deadlines can be challenging. One crucial date to remember is 5 October 2024, which is the deadline to register for Self-Assessment….
Repeal of furnished holiday lettings tax regime – Last chance for capital allowance claims
The furnished holiday lettings (FHL) tax regime is set to be scrapped from April 2025, with draft legislation already on the table. If you own a holiday home, now is…