Tax regulations have become tighter and a lot more controlled by the government. UK is a member of a number of Double Treaty Agreements globally which oblige authorities to help each-other in regards to tax collection and information exchange. The exchange of information today is rapidly becoming automatic.
The UK Chancellor of Exchequer has launched a campaign shunning taxpayers with hidden offshore accounts hence making the process very challenging for many. In most cases tax havens have to ensure that the relevant information is provided by the clients and can be shared with relevant authorities. More freedom of information exchange on tax matters will be available once the Multilateral Convention is joined, especially for smaller states. This will help make company ownership information more transparent making it harder to launder money, evade taxes, provide funding for terrorism and get involved in corruption.
UK tax authorities have also started implementing anti-abuse regulations also known as anti-avoidance regulations stressing on the idea that tax avoidance is not a legal issue, but rather, an issue of morality.
On 16 March 2017, the Home Office has released a Statement of Changes to the Immigration Rules. These new changes will affect those applications that need to have a Certificate of Sponsorship and these changes will be in effect on 06 April 2017.
What you should know about European visas after Article 50. The UK Prime Minister Theresa May has so far not changed her mind in regards to the plans of triggering Article 50 before the end of March 2017.
For international students who wish to remain in the UK longer or would like to eventually settle. There are options to choose from, granted you are willing to stay.
As of 16 January 2017 the Prime Minister of the United Kingdom, Theresa May, has given hints that the UK is moving towards a hard Brexit. Although Theresa May insists EU citizens are ‘welcome’ to be in the UK, she cannot guarantee the right of EU citizens in the UK at an early stage. These are troubling news for Europeans and British Citizens currently living and working in the UK.
As of 24 March 2016, the UK government has announced new changes to Tier 2 type visas. This is the migration route for those who have a confirmed job offer to undertake skilled employment in the UK.
The UK government has recently introduced a significant amount of changes to immigration rules and procedures that can influence nationals of European Economic Area. These changes will come into force on the 1st February 2017, however, some changes are happening now.
A new Statement of Changes to the Immigration Rules HC667 has been laid down on the 3rd November 2016. These changes come in a whopping 90 pages however, most changes are in the language itself rather than effect. The significant changes include the increase of the minimum salary requirement of Tier 2 skilled workers; the introduction of a fresh English language requirement for family immigration regarding to Tier 4 visa and the removal of the previous 28 days’ grace period for making out of time immigration applications.