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Other news in brief

Tax news in brief 2 Nov 2018

A round up of other news this week.

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On 30 October, HMRC opened a consultation on draft regulations to amend the procedure for making SDLT deferral applications and to make changes to the SDLT return. The consultation closes on 23 November 2018.

On 23 October 2018 a new double tax treaty was concluded between the UK and Austria. The treaty is largely consistent with the OECD Model, however, there are certain differences between the two. The new treaty will enter into force once both jurisdictions complete their legislative procedures and exchange diplomatic notes.

Finance (No.3) Bill will be published on Wednesday 7 November. We will be providing commentary on any significant changes to the draft legislation that was published on 6 July this year and newly introduced measures shortly after publication.

KPMG International announced a global alliance with Amazon Web Services (AWS) to provide businesses with services and solutions to help them accelerate transformation in the cloud.

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