This month is likely to see a surge in large companies publishing details of their tax strategy publicly for the first time, as new legislative requirements take effect, in a move which some accountancy firms are warning could have a potentially significant reputational impact

The government has announced a further one-month suspension of national minimum wage (NMW) enforcement concerning sleep-in shifts in the social care sector, but charities have said they are ‘deeply disappointed’ at the delay in finding a solution to the £400m funding crisis that regulation changes have produced

Cyprus' new residence criteria, income tax exemptions and non-dom regime has made the island a desirable destination for individuals looking to relocate. Alexandra Spyrou, chief financial officer at Elias Neocleous & Co, outlines the income tax rules and exemptions for non-doms

President of the Association of Taxation Technicians (ATT) Graham Batty has called on HMRC to broaden the scope of its Making Tax Digital pilots, both in terms of number of participants and duration

Official figures show the government’s Help to Buy schemes have supported over 320,000 people to buy a home, including more than 275,000 first-time buyers, with nearly all purchases taking place outside London

The Low Incomes Tax Reform Group (LITRG) has issued guidance for temporary workers who are working through an umbrella company, acknowledging that their payment and holiday calculations can be complex, and providing practical tips on how to avoid any potential problems with their pay and deductions

US President Donald Trump has underlined his intention to deliver ‘the largest tax cut in our country’s history’ with major reforms planned to what he called an ‘outdated, complex, and extremely burdensome tax code’, including a substantial cut in corporation tax

A future Labour government would introduce a compulsory gambling levy on bookmakers and others in the industry, in a bid to provide more help for problem gamblers, deputy leader Tom Watson has said

The director of a Chinese takeaway restaurant in Rainhill, near Liverpool, has been disqualified for five years for under-declaring cash sales and VAT

Accoutancy software provider Iris has yet to decide whether it will provide free Making Tax Digital software as it is set to release the first programme which will allow users to make quarterly submissions by participating in HMRC’s pilot scheme, reports Calum Fuller

The OECD has released the first analysis of individual country efforts to improve dispute resolution mechanisms, with six peer review reports, including one on the UK, evaluating how countries are implementing new minimum standards agreed in the base erosion and profit shifting (BEPS) project 

Following the introduction of controlled foreign corporation rules in 2015, the way trust were used by Russian taxpayers was met with uncertainty. Ayshat Gaydarova, associate at Withers, outlines the most common queries around trust structuring options from a tax perspective