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 to Register

To register on behalf of a business, you’ll need the:

  • Government Gateway user ID and password for the business
  • Unique Taxpayer Reference for the business, if it has one 
  • The registered name for your business on your incorporation certificate

You can register to use the online services here.

After you have registered

Once you’ve registered you’ll receive:

  • a DAC6 user ID
  • a confirmation email

You’ll need this DAC6 user ID to report your cross-border arrangements.

Contact us for a full guide on how to make DAC6 reports in the UK and other EU Member States.

VinciWorks to release new anti-bribery course

Despite the UK Bribery Act having come into force in 2010, bribery is still a hugely problematic issue in corporate life. Billions of pounds of fines are levied every year and frequent reports hit the headlines of investigations and prosecutions from the US Department of Justice and UK Serious Fraud Office.

Bribery cases have ensnared some of the world’s largest companies, biggest sporting bodies and most powerful politicians. The propensity for some people to act corruptly might never change, but our approach to training and compliance can.

VinciWorks will soon be releasing Anti-Bribery: Fundamentals, a new anti-bribery course that will give employees the opportunity to understand the risks of bribery in their working life as well as to test their knowledge and understanding of the subject, and teach them how to avoid becoming ensnared in bribery.

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Upcoming webinar: DAC6 is here — What now?

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Register for our DAC6 email updates

Wednesday 20 January, 12pm (UK)

As of 1 January 2020, all “intermediaries” involved in cross-border arrangements in an EU member state that meet certain hallmark categories are required to begin reporting those arrangements. Some businesses are fully compliant with DAC6 while others have only recently started preparing. VinciWorks has implemented DAC6 reporting systems for over 40 firms, including seven of the top ten UK firms.

During this webinar, our experts will explore best practice for reporting, regardless of where you are in this challenging compliance process. We will also answer attendee questions.

The webinar will cover:

  • What to do if you just found out about DAC6
  • How different countries are implementing DAC6
  • The UK’s mandatory disclosure regime
  • Best practice for reporting in multiple jurisdictions
  • Answering attendee questions

Free registration

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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 of the transition period (11pm GMT on 31 December 2020). At that point, the UK will no longer be obliged to implement DAC6.

Register now for our webinar this Wednesday to discuss the changes

Does this mean that DAC6 will no longer apply in the UK?

The short answer is no. 

The long answer is that the Fair Trade Agreement emphasises that the UK “shall not weaken or reduce the level of protection provided for in its legislation at the end of the transition period below the level provided for by the standards and rules which have been agreed in the OECD at the end of the transition period”. This is a reference to the OECD’s model Mandatory Disclosure Rules (MDR) and includes some elements of DAC6.

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What does the Brexit deal mean for compliance?

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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, the TCA establishes a trading relationship without tariffs and quotas. But non-tariff barriers such as customs checks, paperwork and regulatory processes will become the norm as they did not exist inside the single market. The services sector, in particular professional services, will be quite significantly affected by the new deal.

What does the Brexit deal mean for legal and professional services?

The TCA does not allow for the mutual recognition of professional qualifications. This means accountants, lawyers and others with recognised professional qualifications may need to seek recognition with the appropriate UK, EU or member state-level body.

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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 some time as businesses grapple with the impact of a very long year that won’t necessarily end on 31 December. But there are a number of trends and milestones to mark on your calendar for 2021.

Compliance guide 2021
  1. Brexit
  2. DAC6
  3. The Biden Administration
  4. Scottish elections
  5. Posted Workers Directive
  6. ePrivacy Directive
  7. Global privacy laws
  8. Cyber security
  9. Digital Services Act and Digital Markets Act
  10. Financial services
  11. Banking
  12. Long Covid
  13. Racism
  14. IR35
  15. Cryptocurrency

We have created an in-depth guide to everything compliance in 2021. The guide gives an overview of each topic and the practical applications of new regulations.

Download now

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 has been seen primarily as a tick-box exercise rather than an important step in making the workplace safer.

New manual handing training module

Manual Handling training

Over one third of all work related injuries are from manual handling. The most common are back injuries. Anyone involved in transporting items by their hands or bodily force should be aware of safe manual handling techniques, and the risks involved.

We have just added a new interactive module to our health and safety compliance training.

The manual handling module covers:

  • Employers’ responsibilities to keep their staff safe
  • Best-practice guidance on lifting, pushing and pulling devices
  • How to best push and pull heavy objects on heavy surfaces
  • Instances when a detailed risk assessment is required

The module can either be taken as a standalone course or added to our health and safety compliance course.

Try now

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VinciWorks by the numbers: 2020 – a year in review

2020 was a challenging year. We’ve all had to adapt quickly to the changes to “work as usual” that were thrust on us as a result of the COVID-19 pandemic. Nonetheless, thanks to our dedicated team and clients, we have continued to innovate and exceed our targets with new courses, product updates, webinars and free guides.

Here are some of the highlights from 2020.

750,000 courses delivered

With staff working from home all around the globe, e-learning has supplanted nearly all classroom training. The VinciWorks team worked overtime to ensure that over three-quarters of a million e-learning courses were delivered to learners in over 70 countries.

Top courses for 2020

Chart showing most popular compliance courses of 2020

The average learner took 3.5 courses in 2020 in 5 sittings.

11,000 downloads of free guides, templates and resources

From GDPR policies to DAC6 guides, our subscribers continue to benefit from hundreds of free compliance resources. We have also published several guides and articles relating to COVID-19.

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What is the Posted Workers Directive (PWD)? Download our guide

The Posted Workers Directive, an EU Directive introduced on 30 July 2020, aims to ensure fair wages and a level playing field between posting and local companies in the host country whilst maintaining the principle of free movement of services.

The Directive defines a set of mandatory rules regarding the terms and conditions of employment to be applied to posted workers in order to guarantee that these rights and working conditions are protected throughout the EU and to ensure a level playing field and avoid “social dumping” where foreign service providers can undercut local service providers because their labour standards are lower.

These rules establish that, even though workers posted to another Member State are still employed by the sending company and subject to the law of the sending Member State, they are entitled to a set of core rights in force in the host Member State.

Download our guide to the Posted Workers Directive

Guide to the Posted Workers Directive

VinciWorks has created a free guide to PWD. The guide covers:

  • Introduction to what a posted worker is with examples
  • When an organisation can post an employee in a different member state
  • Requirements ahead of, during and after each posting
  • Who is required to report under PWD
  • What information should be included in each report

Download guide

Does the Sixth Money Laundering Directive apply in the UK?

Understanding the new anti-money laundering regulations

The Sixth Money Laundering Directive was required to be implemented into national law across the EU by 3 December 2020. In some countries, such as Germany who implemented the Sixth Directive last month, this required a paradigm shift in how money laundering offences are prosecuted in Germany. The German law abandoned the concept of a catalogue of predicate offenses in favour of an ability to capture profits derived from any criminal activity. 

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