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26 Feb, 2020
Whilst recently negotiating a time to pay arrangement for a client with temporary cash-flow difficulties, due to recent growth of the business, we discovered that HMRC are able in the following circumstances to ignore the incomplete payment of the next...
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24 Feb, 2020
The term of the lease plays an important part in the accounting treatment of a particular lease. Under IFRS 16, it impacts the measurement of the right of use asset and lease liability in the lessee's books. It also...
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19 Feb, 2020
Companies, in order to be successful, must be compliant with multiple statutory requirements and the local legislation in general, but a particularly challenging area is represented by the tax system. The compulsory financial charges are not...
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31 Jan, 2020
DAFZA is one of Dubai's most famous and sophisticated free zones. Providing an optimal basis for doing business in the Middle East with a business-friendly background, world-class infrastructure, tax exemptions, complete earnings repatriation...
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28 Jan, 2020
On 9th October 2019, the Commissioner for Revenue published guidance notes on the so-called "Quick Fixes" regarding the changes coming into force on 01/01/2020. The notes offer a comprehensive explanation on...
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11 Dec, 2019
On 16th July 2019, the Commissioner for Revenue published the following VAT guidelines by a notice in the Government Gazette: Notice 838 - Guidelines on Item 5, Part Two of the Fifth Schedule to the VAT Act - Sports. According to the guidelines, for...
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10 Dec, 2019
Despite being only 1104 square kilometers in size, Hong Kong is one of the world's major financial centers, is consistently ranked as one of the busiest ports on the globe...
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25 Nov, 2019
The Qualifying Employment in Innovation and Creativity (Personal Tax) Rules ('the Rules'), provide for a beneficial tax treatment for individuals holding an eligible office who earn income from a qualifying contract of employment as defined within the legislation. Individuals eligible under...
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25 Oct, 2019
With the finalisation of a Double Taxation Agreement (DTA) between the Gibraltarian and UK Governments, Gibraltar is now well positioned to seek new DTAs with relevant jurisdictions globally, says ISOLAS LLP.
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25 Oct, 2019
A tax haven or Offshore jurisdiction offers minimal tax liability for the investors. Many multinational companies operating in the United States and Europe have their Offshore counterparts in a tax haven country...
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