Course & product updates - VinciWorks Blog

Course & Product Updates Thought Leadership
0
2 min read

VinciWorks stands with the black community

Recent events have once again highlighted racism and grave injustices towards people of colour, accentuating the need for both continued and renewed introspection and action to fight against racism. Sadly, these issues still exist in workplaces across the world.

VinciWorks strives to create a fairer, safer and more honest world. We have shown this through the impactful training we deliver on diversity, inclusion and anti-harassment, as well as other topics. We continually evaluate, expand and update our training and free resources to reflect how important diversity and inclusion is to us.

Here’s what we are doing:

Free diversity and inclusion resources

Our diversity resources page contains practical resources, guides, policy templates and assessments to help organisations implement inclusive workplaces that promote equality and do not tolerate racism or harassment. The page can be shared across your organisation or bookmarked for easy access.

Access free diversity resources

Course & Product Updates Health and Safety Thought Leadership
0
5 min read

VinciWorks’ mental health course shortlisted for EG Tech Awards for Wellbeing Technology of the Year

Our mental health course provides provide an immersive and practical online learning experience

VinciWorks’ mental health and wellbeing course has been selected for this year’s EG Tech Awards for the category of Wellbeing Technology of the Year. Bringing together tech businesses and established players in real estate, these awards reward innovation and delivery among both groups. This is the second award our mental health course has been shortlisted for, after we were shortlisted for the InsideOut award for Best Use of Technology in January. The winner of that award will now be announced in September.

Course & Product Updates Omnitrack Thought Leadership
0
6 min read

Omnitrack available with on-premises hosting

VinciWorks’ Omnitrack reporting tool is used to manage sensitive compliance data, such as DAC6 reporting, GDPR and annual declarations. The security of this data is maintained through multiple layers of encryption and cyber security controls. These measures are audited on a regular basis by an independent penetration tester.

In addition, VinciWorks enables clients to take full control of their data by offering multiple hosting options:

SaaS – Cloud offering hosted by VinciWorks
Cloud offering with dedicated client database
On-premises or private cloud hosting

Course & Product Updates DAC6 Omnitrack Thought Leadership
0
3 min read

Automatic workflows for every member state now built into DAC6 reporting tool

Comprehensive intelligence that adapts to the nature and reporting country of the arrangement

Attempting to determine whether an arrangement should be reported under DAC6 is not simply a matter of reading the Directive or the Hallmarks. Each EU member state has transposed DAC6 into local law, many times with slight modifications.

VinciWorks’ DAC6 reporting tool features built-in workflow rules and expert knowledge for every member state. These workflows are available out-of-the-box and require no configuration.

The DAC6 reporting tool:

Provides country-specific guidance for every member state in English
Includes translated versions of some key government documents
Adapts the workflow to each member state’s requirements
Prompts the user to add local translations of the arrangement details where needed
Detects when domestic transactions should be reported
Is ready for automatic reporting in multiple jurisdictions with built-in XML schemas

This automatic intelligence and workflow was built in collaborate with international tax experts and is based on our comprehensive guide to DAC6 implementation across Europe.

To illustrate this, here are a number of examples from the DAC6 reporting tool.

DAC6 Events Omnitrack Thought Leadership
0
1 min read

On-demand webinar: DAC6 for multinationals – An overview of VinciWorks’ DAC6 reporting solution

Any company that undertakes international tax arrangements could be affected by DAC6. Reports may be made by professional advisers, known as “intermediaries”, that advise on the arrangements, but where an arrangement is organised in-house or the intermediary cannot report for another reason, the responsibility falls on the taxpayer to file their own report.

VinciWorks has been in close consultation with HMRC, other tax regulators and over 100 leading international firms to establish the implications of the EU Directive and build a reporting solution to help businesses comply.

In this webinar, we covered the core features of our software and shared guidance on how international businesses can use it to report and track transactions.

Request a recording

Course & Product Updates DAC6 Thought Leadership
0
2 min read

DAC6 – Country-by-country guide updated to include timelines

DAC6 guide to country-by-country implementation

The DAC6 compliance requirements of global businesses vary from country to country. Not all EU member states have yet finalised their guidance and additional details, such as legal professional privilege and penalties vary between each state. To help firms save time and money on conducting their own research, VinciWorks has collaborated with Transfer Pricing Services to create a concise country-by-country guide to DAC6 compliance. The guide can be purchased either together with our DAC6 compliance solution or as a standalone tool.

The guide is regularly updated as member states across the EU consider how they will implement the Directive. The latest update to the guide includes:

Timeline section: This new section highlights critical dates for each EU Member State including deadlines for reporting and notifications periods for intermediaries.
Main Benefit Test: This section has been expanded to include more details of the main benefit test and the definition of a tax advantage in each EU Member State.
Form of reporting: This section has been expanded and divided into separate subsections to detail the form of reporting and language of reports, together with any other important information necessary to make valid reports in each EU Member State.
New information based on current guidance: Many countries also have new information based on the latest guidance published in each Member State. We will continue to update this on a regular basis.

Preview the guide

Course & Product Updates DAC6 Omnitrack Thought Leadership
0
6 min read

DAC6 reporting – Customising and building workflows

DAC6 is a European regulation aimed at reducing international tax evasion and promoting transparency. DAC6 requires lawyers, accountants, tax advisers, bankers and other “intermediaries” to report some aggressive cross-border tax arrangements. These “mandatory disclosure requirements” (MDRs) are relevant for tax transactions that cross EU borders in which it seems that the primary purpose of the transaction is a tax advantage.

Course & Product Updates Health and Safety Thought Leadership
0
1 min read

Integrate your health and safety training with our centralised reporting tool

How do you make online health and safety training an experience that actually makes a difference in real time? How can you easily gather data on your staff’s workstation as well as physical and mental health, especially if they are working from home?

As part of our health and safety course, which has been adapted for home workers, users undertake a number of assessments related to their workstation setup. These immersive assessments can be integrated with our reporting tool, Omnitrack. Administrators can then collect rich, actionable data from their users while they complete these assessments. With so many employees currently working remotely, our tool will help businesses ensure all their staff have a comfortable and healthy space to work from home.

Demo health and safety course

Course & Product Updates Health and Safety Thought Leadership
0
2 min read

New course release – Health and Safety: Working at Home

VinciWorks’ new course, Health and Safety: Working at Home, is specifically designed for people who need to know about health and safety while working from home. The course delivers short, interactive health and safety training units which are designed to make sure staff are conscious of safety concerns while they are working from home.

Based on VinciWorks’ health and safety training, the course focuses on aspects of health and safety that are pertinent to a home office, particularly ergonomics and proper use of display screen equipment (DSE).

Even if employees are working from home, employers still have a duty of care and are bound by the health and safety training requirements.

Course units

Basic ergonomics
Display Screen Equipment
Basic electrical safety
Basic first aid

Demo the course

Course & Product Updates Thought Leadership
0
3 min read

New course – Mental Health: Wellbeing While Working from Home

This new course, based on our mental health training is designed to help learners cope with the unique mental health challenges that arise working from home, in isolation, especially in times of uncertainty and global pandemic.

The course includes guidance from the World Health Organisation (WHO) and focuses on the particular mental health and stress issues that have arisen during the coronavirus pandemic.

In the optional manager training, there is specific guidance for helping managers navigate the Covid-19 situation and communicate effectively with employees.