CRS

Offshore Developments – More Ammunition for HMRC

There was a time when arranging your affairs to minimise your liabilities was considered tax planning. Invariably this involved steps which included offshore structures. Nowadays the very mention of the phrase has very negative connotations and has become the byword...

Requirement to Correct – Don’t ignore it!

In yet another attempt to persuade people with offshore assets to come forward, and settle any outstanding tax liabilities, HM Revenue & Customs (HMRC) has another round of new legislation in its armoury. The second 2017 Finance Act introduced extremely...

OECD: 85 Signatures and still Counting

Tax Transparency through information exchange is one of the most important and key items on the agenda nowadays. On 24 February 2015, Seychelles became the 85th signatory of the Multilateral Convention on Mutual Administrative Assistance in Tax Matters. The signing of...

What is on the agenda? Common Reporting Standard

BEPS, FATCA, CRS are the buzzwords which have shaped the tax discussion and meetings recently. On 16 October, Ali Kazimi, Mazars Financial Services Partner, was one of the leading panellists at a HMRC event on the Foreign Account Tax Compliance...