Month: July 2023

Russian sanctions amended for auditors – as of 30 June 2023 a further exception is provided for a UK undertaking that is part owned by a Russian shareholder – still permitted to be audited by UK auditor

GE Financial deemed US resident in £124m tax appeal – The UT has ruled that a UK resident company was also a US resident for the purposes of the UK/US double tax treaty which meant it could not claim credit of £124m in foreign tax

Tax campaigners issue stooge director warning – individuals are being recruited via social media to act as fake directors to front umbrella companies that are not compliant with tax law – red flag warns