HMRC joins VinciWorks in DAC6 webinar - Listen now

HMRC joins VinciWorks in DAC6 webinar – Listen now

Unexpectedly, and despite comments to the contrary, the UK has decided to implement its own MDR regime. Until this happens, DAC6 still applies in the UK for Hallmark D. Considering that the UK has been a leader in the fight against corruption and tax evasion, its version of MDR will possibly be broader and even more stringent.

It was an honour to host James Marshall of HMRC to discuss the UK’s changes to DAC6 post Brexit.

The webinar covered:

What changed with DAC6 in the UK?
How do these changes affect DAC6 reporting?
How will Omnitrack adapt to these changes?
What are the UK’s longer-term plans for MDR?
Answering attendee questions

A recording of the webinar is available as a podcast. You can listen to it in Apple Podcasts, Spotify etc. or directly by clicking on the button below.

Listen to our podcast

How is VinciWorks preparing for the UK’s mandatory disclosure regime?

VinciWorks will continue to work with HMRC to understand the full extent of these changes and we will send email updates on DAC6 and the new UK MDR. We have now started work updating our DAC6 reporting solution to reflect the changes and the UK workflow.

To learn more, get in touch with us by completing the short form below.

How are you managing your GDPR compliance requirements?

GDPR added a significant compliance burden on DPOs and data processors. Data breaches must be reported to the authorities within 72 hours, each new data processing activity needs to be documented and Data Protection Impact Assessments (DPIA) must be carried out for processing that is likely to result in a high risk to individuals. Penalties for breaching GDPR can reach into the tens of millions of Euros.

“In a world older and more complete than ours they move finished and complete, gifted with extensions of the senses we have lost or never attained, living by voices we shall never hear.”