UK: Improving the Tax Administration Framework
On 30 November 2021 the UK government published a summary of responses to the call for evidence entitled The Tax Administration Framework: Building a 21st Century Tax System. The call for evidence had been issued in March 2021. The government
See MoreOECD: Taxpayer Education and Tax Culture
On 24 November 2021 the OECD issued the second edition of Building a Tax Culture, Compliance and Citizenship: A Global Source Book on Taxpayer Education. The report on taxpayer education is one element of the OECD work relating to tax morale.
See MorePortugal: Tax Agency extends certain payment deadlines
On 10 November 2021, the Portuguese Tax and Customs Authority issued Order No. 351/2021-XXII, announcing payment deadline changes for 2021 and 2022, due to the coronavirus pandemic. The order includes: The filing of form-10 for personal income
See MoreUK: Small Business Attitudes to Tax Compliance and Administration
On 11 November 2021 HMRC published on its website a research report entitled Qualitative research with small businesses to explore their perceptions of tax administration burden. The paper is based on research conducted by telephone conversations
See MorePakistan: FBR extends the deadline for digital payments by corporate sector
On 1 November 2021, the Federal Board of Revenue (FBR) has extended the deadline for digital payments by the corporate sector up to 30 November 2021. In this regard, the FBR has issued an income tax circular 9 of 2021, on the extension in deadline
See MoreUN: Tax Committee Discusses Digital Tax Administration
The UN Tax Committee has to make a decision on moving forward with work on digitalizing tax authorities and on whether to form a subcommittee to provide guidance to developing countries in digitalisation and improvements to tax
See MoreCyprus: MoF further extends the deadline for e-filing return
On 24 September 2021, Cyprus’s Ministry of Finance has issued a decree providing further extension of electronic submission of tax returns for business (TD4) and personal (TD1A) for the fiscal year 2019. The new deadline is 30 November 2021.
See MoreUK: Making Tax Digital for Self Employed and Landlords
On 23 September 2021 HMRC issued a policy paper on the extension of Making Tax Digital (MTD) to the self-employed and landlords with income more than GBP 10,000 in a tax year, with effect from April 2024. The MTD programme requires businesses to
See MoreUK: OTS report reviews change of tax year end
On 15 September 2021 the Office for Tax Simplification (OTS) issued a report outlining its views on the advantages and potential costs of moving the tax year end for individuals in the UK. The review looks in detail at the possibility of moving
See MoreUK: Tax Gap Statistics Published
On 16 September 2021 the UK government released the latest edition of Measuring Tax Gaps, estimating the tax gap for 2019/20 to be 5.3% of total theoretical tax liabilities, or GBP 35 billion. The tax gap is the difference between the tax that
See MoreOECD: Behavioural Insights for Better Tax Administration
On 1 September 2021 the OECD’s Forum for Tax Administration issued a paper entitled: Behavioural Insights for Better Tax Administration: A Brief Guide. Behavioural insights Cognitive science has found that people process information either
See MoreOECD: Measures to Facilitate Withholding Tax Relief Claims
On 6 September 2021 the OECD issued a document entitled: Tax administration responses to COVID-19: Administrative measures to facilitate withholding tax relief claims. Cross-border withholding tax relief procedures are frequently reliant on
See MoreUK: Survey Indicates Support for Change of Tax Year End
A recent survey conducted by BDO in the UK revealed that more than 90% of the businesses surveyed were in favour of a change to the tax year end to 31 December. The survey included 500 UK companies whose annual revenue is between GBP 10 million and
See MoreEcuador: SRI extends administrative deadlines due to COVID-19 pandemic
In this COVID-19 outbreak, on 29 July 2021, the Internal Revenue Service (SRI) published Resolution NAC-DGERCGC21-00000036. The SRI extends the suspension of the periods and terms of all tax administrative processes and the limitation periods of
See MoreUK: OTS to Consider Changing the Tax Year End
On 8 June 2021 it was reported that the UK’s Office for Tax Simplification (OTS) is to begin a review of the costs and benefits of moving the UK’s tax year end from 5 April to either 31 March or 31 December. The OTS has issued a review
See MoreHungary: MOF extends filing deadline of corporate return
On 21 April 2021, the Finance Ministry of Hungary published a Decree extending filing deadlines for all major business income tax returns due to COVID-19. Accordingly, annual returns for corporate income tax, local business tax, and energy
See MoreJordan: ISTD invites taxpayers to file 2020 income tax return & payment
On 16 May 2021, Jordan’s Income and Sales Tax Department (ISTD) called the taxpayers required to submit income tax returns for the fiscal year 2020 who did not submit them during the legal period that ended at the beginning of this week and the
See MoreGreece: Finance Ministry announces tax relief measures due to COVID-19 outbreak
In response to covid-19 outbreak, the Finance Ministry announced tax relief measures for households and businesses, including: The provision for the possibility of paying the income tax of natural and legal persons of the tax year 2020, in eight
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