DAC6: Germany’s unique approach to legal professional privilege (LPP)

Register for our DAC6 email updates No reporting delay in Germany Germany recently made the shock announcement that it would not be deferring DAC6 implementation, despite an optional 6 months delay awarded to EU member states by the EU Commission. As a result of this announcement, intermediaries, including accounting firms, law firms, and other tax […]

Which countries are deferring DAC6 and how? Downloadable deferral chart

Register for our DAC6 email updates DAC6 is a European Directive aimed at tackling tax avoidance and strengthening tax transparency, as well as improving information sharing between EU member states. The Directive imposes mandatory reporting on lawyers, accountants, tax advisers, bankers, and other so-called “intermediaries”. On 3 June, 2020, Member State representatives reached an agreement […]

Yikes! 8 Health and Safety Rules Your Business Could Be Breaking

The UK’s alert level for COVID-19 was recently downgraded from level 4 to 3 and, in light of this, we’ve seen many businesses cautiously reopen and embrace a new kind of normal. Still, the easing of lockdown means the pressure is on for organisations to remain ultra-vigilant and to implement all measures possible to protect […]

EU Court of Justice Invalidates EU-US Privacy Shield

The EU-US Privacy Shield is no more. In a dramatic move, the European Court of Justice ruled the agreement covering the transfer of EU citizens’ data to the US is invalid as of 16 July 2020. What is the Privacy Shield? The Privacy Shield is used as a mechanism for data transfer for over 5,000 […]

Legionella: A Silent Killer in Workplaces

If you’ve returned to your workplace or are planning to soon, no doubt health and safety has been at the forefront of your mind. But there’s one aspect you might not have considered yet: your water systems. Water systems and air conditioners might have been sitting unused since March. Unfortunately, this can make them a […]

Regulatory Agenda for July 2020

To help businesses keep track of updates in UK legislation and policies, VinciWorks regularly publishes a regulatory update. Since our last update in June, the government has released further information on its COVID-19 support schemes. This edition of our regulatory agenda provides an overview of regulatory changes or new regulations recently passed, proposed, or on the […]

DAC6 compliance – Why should taxpayers care?

Register for our DAC6 email updates DAC6 is a European Directive aimed at tackling tax avoidance and strengthening tax transparency, as well as improving information sharing between EU member states. The Directive imposes mandatory reporting on lawyers, accountants, tax advisers, bankers, and other so-called “intermediaries”. Are taxpayers required to report DAC6 arrangements in addition to […]

Omnitrack version 2.16.0

Conditional logic for reminders We have created a robust query builder for reminders that will give admins nuanced control over who gets reminded about what; for example, you can now set a reminder that: Checks if a reporting deadline is 5 days away Checks which country the submission was reported from, let’s say Germany Checks […]

Building Ethical Organisations With Anti-Bribery and Corruption Training

For many organisations, mandatory anti-bribery and corruption training can become a tedious box-ticking exercise. We believe that with the right training program, businesses can deliver compliance training that is flexible, engaging and focused on knowledge retention. We are excited to launch the first of our Compliance Collections for Anti-Bribery and Corruption – an innovative new […]