Also in the news...
Paul Beare Wins IR Global Member Of The Year
Paul Beare has been named Member of the Year at this year’s IR Global Conference in Amsterdam.
The Biggest Problem With Running A UK Payroll
We explore the biggest problem with running a UK payroll, together with the required functions of payroll calculations and net salary.
Taking It For Granted: How The UK Government Helps Growing Firms
In the UK, a number of government agencies offer a range of grants to help smaller firms to grow and prosper. The grants are typically designed to support innovation, encourage job creation, and underpin growth. In the last few years, a number of new initiatives have emerged, including grants aimed at boosting green technology and digital transformation.
Start-ups Wasting Over 2 Weeks And Ł37 Billion A Year On Admin
UK start-ups and microbusinesses are wasting over two working weeks every year on admin tasks, including managing mobile phone contracts, choosing energy providers, and buying insurance – according to new research.
The Costs For International Businesses Employing In The UK
In an ever-globalising business landscape, expanding operations to the United Kingdom can be a strategic move for international companies seeking new opportunities.
BVI Now Ranks Amongst The US, UK And Hong Kong In The OECD’S Latest Tax Transparency Ratings
In the latest report from the OECD’s Global Forum on Transparency and Exchange of Information for Tax Purposes, the BVI was found to be “largely compliant” and rated on a par with many other well respected jurisdictions such as Cayman Islands, Germany, Hong Kong, Italy, Netherlands, Singapore, United Kingdom and United States.
The OECD’s Global Forum is charged with monitoring its 127 member states against agreed transparency frameworks and information standards. The in-depth peer reviews cover both the legal and regulatory framework of the jurisdiction and the actual practical implementation of this framework.
This rating clearly recognises the dedication and commitment of the BVI to meet international standards and best practice, and showcases the BVI’s desire to ensure that the territory’s services and product retain their pre-eminence in the global arena.
Contact our local team to learn more about how TMF Group can help you stay compliant with local tax regulations.