EU remove Switzerland from tax haven list

Tuesday 15th October 2019

At 6CATS, something we’re especially vocal about is the pressure that international bodies are applying to crack down on tax and compliance. As a result of this pressure, numerous countries around the world are toughening up on legislation, and taking in record tax collections. One destination that has made large strides in this regard is… [continue reading]

South Korea strengthening taxation of YouTubers

Monday 7th October 2019

Famous for its spectacular rise from one of the poorest countries in the world to a high-income destination in just a few generations, South Korea is the fourth largest economy in Asia, 11th largest in the world, and fast becoming a hotspot for contractors worldwide. Despite being known as ‘The Land of Morning Calm’, there’s plenty to be excited… [continue reading]

Ukrainian tax crackdown continues as partnership with Switzerland blossoms

Monday 30th September 2019

Ukraine, a growing economic power, is following the lead of many other countries in Europe, and toughening up on tax and compliance. The latest measure the country has taken is signing a series of amendments to its Double Taxation Avoidance Agreement with Switzerland.  The ex-Soviet state is just one of a number of nations that has recently linked… [continue reading]

What effect will the NCA tax crackdown have on recruiters?

Tuesday 27th August 2019

It’s no secret that in the UK, authorities have been steadily getting tougher on tax and compliance. Whether through international agreements such as the Common Reporting Standard, domestic legislation such as the Criminal Finances Act 2017, or through cutting edge machine learning such as Connect, evading the law is becoming harder than ever. This is… [continue reading]

HMRC crackdown on executives as over 150 CFOs and senior finance executives personally fined

Monday 22nd July 2019

There’s no doubt that the push towards tougher and more comprehensive tax systems around the globe is progressing fast. One destination arguably taking a tougher line than most is the UK.  Recently, we have written about the numerous steps that HMRC has taken to clampdown on fraud, most notably through introducing increasingly effective machine learning… [continue reading]

HMRC turns focus to businesses after record prosecutions

Friday 14th June 2019

As regular readers of our blog will know, we’re increasingly vocal about the aggressive stance that HMRC and global authorities are taking towards tax evasion. This has stemmed from a number of factors, such as expansion of their powers under the Criminal Finances Act 2017 (CFA), rapidly innovating technology such as Connect, HMRC’s big data program and… [continue reading]

Australian compliance crackdown set to raise $3.6 billion

Monday 15th April 2019

In Australia, tax and compliance is about to get a lot tougher. The government’s latest budget, released last week, has given the Australian tax authority increased power to crack down on tax avoidance, with plans expected to raise upwards of $3.6 billion in lost funds. Australia has one of the most vibrant economies in the… [continue reading]

The Criminal Finances Act 2017: Are recruitment agency tax solutions ready?

Monday 4th February 2019

Here at 6CATS International, something we’ve been very vocal about is the need for agencies to stay on top the increasingly strict tax legislation being introduced by governments around the world. One piece of legislation we’ve focused on in particular is the Criminal Finances Act, a very important act for agencies wanting to operate internationally and… [continue reading]

Compliance in 2019: what do recruiters need to know?

Monday 31st December 2018

As we bid goodbye to 2018, I’m sure many of us hope that next year won’t be as chaotic as the one that’s just passed! However, with Brexit negotiations up in the air, and a potential no-deal scenario looming ever closer, it’s safe to say that compliance in 2019 will present a number of challenges…. [continue reading]

HMRC gets boost to criminal powers

Monday 10th December 2018

HMRC Gets a Boost To Criminal Powers Here at 6CATS International, we’re always ahead of the latest changes in global tax and compliance in order to provide the best service possible to our clients. Recently, a piece in the FTAdviser titled ‘HMRC gets a boost to criminal powers’ reflected on some important new developments that… [continue reading]