Also in the news...
Trade and services regulations in Luxembourg
If you are a UK business providing services in Luxembourg, you will need to follow Luxembourg regulations about:
If you were living in Iceland before 1 January 2021
Information for British citizens moving to or living in Iceland, including guidance on residency, healthcare and driving.
UK sanctions guidance for Uzbek businesses
Information about UK sanctions and relevant local laws to support compliance of non-UK businesses operating in Uzbekistan.
Protecting Business Reputation When Entering Foreign Markets
Expanding into new international markets presents promising growth opportunities. However, such moves come with challenges, especially when it comes to maintaining and protecting a business’s brand reputation.
ERS Refiling
M Revenue & Customs (HMRC) recently introduced an online portal for filing annual returns in respect of Employee Share Schemes for the 2014-15 tax year.
However, technical issues forced HMRC to take the system offline for a few days around the filing deadline on 6 July 2015. The system was operational again from 20 July 2015 and a revised deadline was set by HMRC of 5 August 2015. Unfortunately, whilst the issues with the portal have been resolved, any returns that had already been submitted have been lost.
HMRC are now writing to the Company Secretary of all companies who filed their annual return before 20 July 2015 to ask them to refile the return.
It has been confirmed that penalties will not be charged if the refiling happens before 1 January 2016.
Article supplied by Fitzgerald and Law