HMRC joins VinciWorks in DAC6 webinar – Listen now
Register for our DAC6 email updates Unexpectedly, and despite comments to the contrary, the UK has decided to implement its own MDR regime. Until this happens, DAC6 still applies in the UK for Hallmark D. Considering that the UK has been a leader in the fight against corruption and tax evasion, its version of MDR […]
DAC6 reporting – What is so special about Hallmark D?
Register for our DAC6 email updates In response to the Brexit Free Trade Agreement, the UK has limited the scope of DAC6 to only apply where a Category D hallmark is present. This dramatic change is in line with the UK’s obligations under the Fair Trade Agreement that requires the UK to implement, at a […]
New compliance regulations in China
Sexual harassment and privacy rules in force in 2021 Effective as of January 1, 2021, Article 1010 of the Civil Code obliges companies to adopt measures for preventing sexual harassment in the workplace. This means employers have a duty to take action against sexual harassment. This includes: Having a channel to complain about sexual harassment […]
DAC6 reporting now open in the UK
Register for our DAC6 email updates HMRC have opened their DAC6 reporting tool via the Government Gateway. This is not impacted by Brexit changes in UK DAC6 legislation. A UK-based reporting entity must register to report a DAC6 cross-border arrangement. Registrations can be at the same time that you submit your report or before. How […]
Omnitrack version 2.29.0
Internet Explorer will no longer be officially supported in 2021. In order to ensure the best user experience with Omnitrack we suggest moving to a supported browser such as Google Chrome. Sharing submissions in bulk Admins now have the option to share submissions in bulk. To share multiple submissions simply tick the relevant submissions on […]
UK to replace DAC6
Register for our DAC6 email updates How has the Brexit agreement affected DAC6? In light of the Brexit Fair Trade Agreement that passed through parliament on 30 December 2020, HMRC announced today that there will be major changes in the UK’s approach to DAC6. DAC6 will cease to apply to the UK at the end […]
What does the Brexit deal mean for compliance?
How the Brexit deal impacts legal and financial services and data protection At the last minute, the UK and EU agreed to a Trade and Cooperation Agreement (TCA) governing the new relationship between Great Britain and the EU bloc, Great Britain being the correct term since Northern Ireland remains inside the customs union. In general, […]
What should be on your 2021 compliance agenda? Download our guide
Is 2020 over? Well, not quite. While the global roll out of the coronavirus vaccine gathers pace, a slow return to something akin to normal life is likely to stretch into spring or summer 2021 at least. The volatility of the economic situation and the unpredictability of the recovery will cloud the regulatory agenda for […]
2020 End of Year Roundup
2020 is nearly over and it’s safe to assume that many businesses will be glad to see the back of it. The Coronavirus pandemic brought unprecedented challenges that look likely to linger with us going into 2021, forcing businesses to quickly adapt to new processes and working environments. However, in spite of the difficulties that […]
Health & safety – New manual handling training module
The Health and Safety at Work Act 1974 requires all businesses in the UK to provide whatever information, instruction, training and supervision is necessary to ensure the health and safety of employees at work. Despite the legal requirement, health and safety training has a bad reputation. Due to training being branded boring by employees, it […]
