DAC6 in Germany: Partial reporting just got even more complicated
The German tax authority has confirmed to VinciWorks in line with their latest edition of the DAC6 Communication Manual that they will no longer be accepting partial reports in certain cases where legal professional privilege applies. Instead, the taxpayer will be expected to make a complete report. Reports for non-marketable arrangements will (contra legem) no […]
Year Four of the Criminal Finances Act – what now?
What you need to do now to prevent facilitation of tax evasion We’re coming up to Year Four of the Criminal Finances Act. And while we haven’t seen a rush of prosecutions that many feared, the British authorities have been ramping up enforcement in recent months with 13 live investigations of the failure to prevent […]
New course release: Phishing Challenge 4.0
Research shows that even with all of the right IT protections in place, a majority of staff are at medium to high risk of falling prey to phishing attacks. These types of attacks are especially dangerous because, in contrast to other types of scams that may be easier to detect, phishing attacks use psychological gimmicks […]
A Dozen Investigations of the Corporate Offence of Failing to Prevent Facilitation of Tax Evasion
The Criminal Finances Act has been in force since 2017. While there have been no prosecutions as yet, HMRC are currently investigating thirteen potential violations of the Corporate Criminal Offence of failing to prevent the facilitation of tax evasion. The Act places responsibility on businesses to make sure none of their employees are involved in helping someone […]
Social engineering: Don’t bite the bait
What is social engineering? We’ve all heard of headline-making cyber attacks and the havoc they have all too often managed to wreak. This includes the 2019 ransomware attack in Texas that held 22 cities hostage for millions of dollars and lasted for several days before being resolved. These news-worthy attacks, which are usually technical in […]
Omnitrack version 2.25.0
Features & improvements Export submissions to PDF We’ve improved our submission export format so that the PDF export is a clean data table of the relevant information, rather than just a ‘screenshot’ of the system. Data exports no longer include all of the blank fields by default. Data can now be exported from incomplete submissions […]
How to protect your teams’ mental health during a second wave
Since the Covid-19 pandemic lockdown restrictions started, many of our lives have drastically changed. We are limited on who we can see, how we work, and when and where we can access services. How people cope with these changes varies from person to person. Some people might have enjoyed certain aspects of lockdown, like spending […]
New course release – Email@Risk
Email comes with risks, whether in personal or professional settings. Email is usually irretrievable, and all too often people don’t think before clicking send or clicking a suspicious link. One wrong click could cripple your company in a matter of minutes. Each time we open our email, we’re diving into a world of risks. VinciWorks’ […]
Finland reconsider XML filing for DAC6 reports
Finland, who began their DAC6 reporting back in July 2020, have recently confirmed that they will be allowing DAC6 reports to be filed via XML from the end of November 2020. Until now, DAC6 reports in Finland were required to be submitted via an Excel-based tool. However, the new version of the Finnish reporting portal […]