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Other news in brief

Tax news in brief 10 Aug 2018

A round up of other news this week.


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HMRC have announced that interest rates for late payments will be increased following the Bank of England interest rate rise to 0.75 percent. These changes will come into effect on 13 August 2018 for quarterly instalment payments, and 21 August 2018 for non-quarterly instalment payments.

HMRC have published the 2008 Netherlands-UK Double Taxation Convention as amended by the 2013 Protocol.

The Cyprus-UK Double Taxation Convention which came into force on 18 July 2018 has been updated.

KPMG launched the 2018 Global CEO Outlook, having surveyed 150 UK leaders and a further 1,150 CEOs from across the world, with the UK CEOs identifying data scientists as the most important workforce capability that will support future business growth.

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