Cyprus extends DAC6 reporting deadline
The Ministry of Finance at the Cypriot Tax Department have announced they will be extending the deadline for reporting DAC6 arrangements to 31 March 2021. The Tax Department has also announced that the DAC6 Directive is expected to be incorporated into the Cypriot legislation by the end of February 2021. In light of this, as […]
Improving learning retention after eLearning training
To protect the health and safety of people in the workplace, everyone must be familiar with how to keep themselves and others safe. Annual training on various subjects can help organisations achieve compliance and educate staff on protecting themselves and others. But if your staff only take, for example, an ergonomics course once a year, […]
It’s time to retrain on sanctions
When the clock struck 11pm on 31 December 2020, the UK stopped applying EU sanctions and its own autonomous sanctions regime came into force. While the UK sanctions regime substantially does the same thing as the EU one, the lists of sanctioned entities may not be exactly identical. Importantly, UK sanctions may apply to non-UK […]
On-demand anti-bribery webinar with international bribery and corruption experts
The legal, ethical and reputational risk of bribery is real. Billions in fines are levied every year and frequent reports of investigations and prosecutions from regulating authorities across the world hit the headlines. We were delighted to be joined by Head of the OECD’s Anti-Corruption Division Patrick Moulette and Transparency International’s Global Business Integrity Programme […]
DAC6: Final Cypriot legislation expected in February 2021
Cypriot DAC6 Legislation Amendments to the existing Cypriot Law on Administrative Cooperation in the field of Taxation (Law 205(I)/2012) are expected to be finalised in February 2021. Following some final changes, it will be voted at the next plenary session of the Cypriot Parliament. Guidance is expected to follow shortly after the enactment. Reporting Status […]
Gifts and hospitality registers with Omnitrack
How does your organisation collect and process gifts and corporate hospitality given to your staff? How do you track the gifts given by your staff to current or potential clients? Globally, organisations are bound by complex and ever-changing legal obligations and industry-specific compliance requirements. Clients also often expect their professional service firms to have certain […]
How COSHH online training protects your staff from invisible hazards
Health and safety training has a reputation for focussing on safety, rather than on health. And yet while UK businesses have made huge improvements in reducing the number of people killed or injured by accidents at work, many hundreds of people are still made ill by work, resulting in premature deaths and reduced quality of […]
DAC6 e-learning courses updated for UK MDR changes
On 31 December 2020, the UK made drastic changes to its domestic version of DAC6. Significantly, in the EU DAC6 reporting applies for five different categories of hallmarks, whereas in the UK DAC6 only applies for hallmark D. VinciWorks has updated its DAC6 e-learning courses to reflect these changes. What changes have we made to […]
DAC6: Gibraltar follows the UK and replaces DAC6 reporting
Gibraltar and Brexit In light of the Brexit Fair Trade Agreement that passed through parliament on 30 December 2020, Gibraltar has followed the UK and amended their reporting requirements by aligning them closer to the OECD’s Mandatory Disclosure Rules (MDR). Gibraltar’s commitments under the ongoing UK/Spain Agreement regarding Gibraltar mean that the reporting standards in […]