tax avoidance

Cyprus, Ghana and Kenya join growing list of countries to create beneficial ownership registries

An infamous tax haven in the heart of Europe and two of Africa’s largest economies will force companies to declare their owners, joining a growing list of countries responding ... Read More
europe flags

EU’s tax irregularities attract international attention

Le Monde’s recent “OpenLux” revelations show that Luxembourg fails to act fairly within the European Union by offering low tax rates to corporates – underscoring the flaw of an ... Read More

EU tax haven blacklist not catching worst offenders

MEPs adopted a resolution setting out changes to be made to the system used to draw up the EU list of tax havens, which they deem is currently “confusing ... Read More
vat tax onestopbrokers

COVID-19:VAT relief for vaccines and testing kits

The Commission has welcomed the adoption of important new measures which will enable Member States to relieve EU hospitals, medical practitioners and individuals of Value-Added Tax (VAT) when acquiring ... Read More
coronavirus pandemic

Waiving VAT and customs duties on vital medical equipment

The European Commission waives customs duties and VAT on the import of medical equipment from non-EU countries. The European Commission had already in April 2020 published a decision helping ... Read More

Spanish government raises taxes for the rich and wealthy

The Government raises corporation tax, wealth tax and personal income tax for the rich. The President of the Government, Pedro Sánchez, and the second vice president, Pablo Iglesias, presented ... Read More
vat tax onestopbrokers

EU expecting COVID-19 dent in 2020 VAT collections

The European Commission has published its latest VAT gap report, which show that EU countries lost an estimated EUR140bn (USD165.7bn) in VAT revenues in 2018, down EUR1bn in nominal ... Read More

ACCA New Report: Accountants and finance teams have an opportunity to lead their organisations

Accountants and finance teams have an opportunity to lead their organisations to better business decisions driven by insights from analysis of big data, rather than following a familiar pattern ... Read More
Digital Tax

European Commission vice-president calls for EU-wide digital tax

The European Union needs to tax companies that generate its revenues with digital services as the money is needed to fund infrastructure and social programmes in the future, European ... Read More

SMPs are a great career choice for accountants of the future

Digital transformation and access to a network of talent are at the core of any successful small and medium-sized accountancy practice (SMP). Talent also has the potential to completely ... Read More
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