Brexit – Dutch authorities sends temporary residence permit to UK nationals in the Netherlands
To ensure that UK nationals and their family members may remain living in the Netherlands legally in the event of a no-deal Brexit, the IND has started to send temporary residence permits as of March 13, 2019.
In this manner UK nationals and their family members living in the Netherlands can stay in the Netherlands legally after the Brexit and thus do not have to leave the...
UK – Increased numbers of footballers under investigation by the tax authorities
It was recently revealed that the HM Revenue and Customs (HMRC) is looking into the financial affairs of 173 football players, 40 clubs and 38 agents in the UK, as it claws back of £ 355.000.000 from the football sport.
The focus on football came after the 2017 budget, when all businesses were instructed to change “image rights” payments to their employees. Image rights...
Possible break-up scenario for the large big four accounting firms to fight a crisis of confidence
The Netherlands – The patience of State Secretary of Finance in the Netherlands, Mr. W. Hoekstra, with the large accountancy firms is gone. He commissioned an independent committee to investigate what measures are needed to improve the quality of the statutory audit of large companies. Hoekstra wants the committee to check whether it is at least desirable to completely separate the audit...
United Kingdom – Risks for companies engaged with “one man” limited, due to extended IR35 rules
One of the announcement from the 2018 Budget, affecting employment in the United Kingdom was confirmation that IR35 rules will be extended in the private sector.
Under these new rules, the responsibility of deciding whether an individual is correctly working outside IR35 will move from the individual itself to the organization working with the individual. As a consequence, the engaging...
The Netherlands, U.S., U.K., Canada and Australia form international tax enforcement group
Leaders of tax enforcement authorities from the abovementioned countries have formed a multi-lateral tax enforcement group, Joint Chiefs of Global Tax Enforcement (J5), to collaborate in fighting international and transnational tax crimes and money laundering.
Membership of the J5 includes the heads of tax crime and senior officials from the Dutch Fiscal Information and Investigation Service...
Brexit – social security coordination rules for expatriate employees
Brexit negotiators recently agreed phase 1 of the UK’s withdrawal from the European Union and included agreement on the social security position in their report.
The intention appears to be for the UK to be treated as an EU Member State for social security purposes (i.e. the same position as Switzerland) and therefore for Regulations (EC) No 883/2004 and (EC) No 987/2009 to continue to apply...
United Kingdom – Sending employees to work in the United Kingdom? Take a look at Overseas Workday Tax Relief (OWR)
What are the conditions?
Overseas Workday Relief applies to non-UK domiciled employees who have recently arrived in the UK or are returning to the UK after a significant period of non-UK residency. The following conditions must be satisfied:
resident but not domiciled in the UK,
remittance basis user for the tax year in which the duties are performed,
duties of employment carried out wholly...
United Kingdom – Tax Changes back on track for non-domiciled taxpayers
Tax Changes back on track for non-domiciled taxpayers (‘non-doms’)
The Finance Bill introduced in March 2017 provided for a number of changes to the tax legislation that were withdrawn after the general election was called. At that time, the Treasury confirmed there was no policy change and these provisions would be legislated at the first opportunity in the new Parliament: a further...
Self-employed contractor was in reality a worker
The UK Court of Appeal has today upheld a lower court’s decision that a plumber engaged notionally as a self-employed contractor was in reality a worker. It has important implications within and beyond the skilled service sector and online economy, and especially for business advisory, medical services and IT practices. This is one of a number of recent cases to examine the status of workers...
Updated guidance on tax avoidance disclosure
HM Revenue and Customs has updated its guidance on the tests to be applied to determine whether a tax avoidance scheme disclosure is required from someone who promotes or uses an arrangement designed to give a tax or national insurance advantage.
Under the Disclosure of Tax Avoidance Schemes (DOTAS) regime, promoters and users of schemes that contain defined hallmarks of avoidance are...