Update to real time information expat FAQs
4 October 2013
HMRC has updated the expat frequently asked questions (FAQs). The update includes important information for users of EP Appendix 5 and 6.
Expat employers FAQs
BDO Expatriate Tax Newsletter
21 October 2013
BDO has kindly shared their latest Expat Tax Newsletter with the CIPP.
For members who deal with international payroll, the BDO Expat Tax Newsletter provides a brief overview of issues affecting international assignees, predominantly, but not exclusively, from a tax and social security perspective.
With thanks to BDO for sharing their newsletter. You can view the newsletter by going to the CIPP News item through the link below.
BDO Expatriate Tax Newsletter
Uruguay and UK Tax Information Exchange Agreement
22 October 2013
A Tax Information Exchange Agreement (TIEA) was signed with Uruguay on 14 October 2013.
The new TIEA with Uruguay will enable the UK and Uruguay to exchange information to the OECD (Organisation for Economic Co-operation and Development) to ensure that the right amount of tax is paid in each country in the future.
The Agreement will come into effect as soon as each government has completed the necessary procedures to give effect to it under its domestic laws.
The text of the TIEA can be accessed through the link below.
Tax Information Exchange Agreements signed/not in force
UK and Isle of Man sign agreement to improve international tax compliance
22 October 2013
As a result of an agreement between the UK and the Isle of Man, certain financial data on UK taxpayers with accounts in the Isle of Man will automatically be reported to HMRC each year. An Arrangement comprising of an Exchange of Letters amending the 1955 Arrangement between the UK and the Isle of Man was signed in London on 10 October 2013 by David Gauke MP, Exchequer Secretary to the Treasury and Allan Bell MHK, Chief Minister of the Isle of Man. The new Arrangement permits comprehensive automatic and spontaneous exchanges of information.
CIPP Policy News Journal
16/04/2014, Page 272 of 519
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