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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.
Rental Properties under the Microscope
HM Revenue & Customs’ (HMRC) latest campaign is to target property owners suspected of having undeclared rental income.
HMRC has estimated that 1.5 million landlords underpay tax totalling £500m every year and hopes this campaign will recoup a significant amount in unpaid tax. They are putting landlords under the microscope between now and May 2015 - during which time, taxpayers can come forward with a disclosure of their undeclared income from rented properties.
Lower penalties can be negotiated for those who come forward as part of the campaign.
Those who do not come forward can expect higher levels of penalties, should HMRC later catch up with them and, in certain cases, criminal prosecutions are a possibility.
Who are they targeting?
The campaign is open to all residential property landlords – from single rentals to multiple properties - and to specialist landlords, such as student or workforce rentals through to holiday lettings.