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Decision. UK-Central America committee documents
Decisions, documents and meeting minutes from UK-Central America countries committees.
Business Secretary calls for Investment, Innovation, and Regional Prosperity
Business Secretary Peter Kyle spoke at the Regional Investment Summit in Birmingham on 21 October 2025
Overseas Business Risk for Myanmar (Burma)
Information on key security and political risks which UK businesses may face when operating in Myanmar.
Growth Gateway: Laos sustainability opportunities
Laos could unlock up to £270 million in GDP and create 55,000 jobs by 2030 through targeted climate investments in agriculture, energy and forestry.
UK Trade Envoy in Cambodia to boost trade and investment
UK Trade Envoy Matt Western MP visits Cambodia to strengthen trade and investment ties and support Cambodia’s sustainable economic development.
Federal Revenue Service Confirms Accrual Basis Method
The Federal Revenue Service finally clarifies the position on what method should be used to calculate withholding tax on professional services delivered between two resident entities.
Withholding tax of 1.5% applies to the supply of professional services and is a tax advance creditable against the payers final tax liability. Over the past few years, there has been confusion as to whether the tax should be accounted for on an accrual basis or on a cash basis.
The Interpretative Act 8/2014 (Ato Declaratório Interpretativo SRF 8/2014 – ADI 8/2014), was published in the Official Gazette of September 3, 2014 and clarifies that the accrual basis method must be observed moving forward.