Looking for more information about an FOI exemption? If you’re not sure if you’re quite on the money about S29, you’re unsecure about your approach to S23 or you need to investigate your S30 approach – then take a look at our detailed exemptions page: https://lnkd.in/ec3D98pj
Information Commissioner's Office’s Post
More Relevant Posts
-
Newly released IRS proposed regulations clarify when US taxpayers are required to report large foreign gifts (Form 3520 for gifts over $100,000) and transactions with foreign trusts (Form 3520-A). Receiving gifts is great, paying penalties for failing to file required forms, not so much.
To view or add a comment, sign in
-
Dear Gallant Taxpayers, Did-You-Know the consequences of involving yourself in Trade Mis-Invoicing? To steer clear of the vice, kindly acquaint yourself with this summary of fines/penalties and avoid being investigated! #TaxFraudAlertUG | #StopTaxFraudUG
To view or add a comment, sign in
-
-
SARS has implemented the “Beneficial Ownership Register” through the Companies and Intellectual Property Commission (CIPC) as a precursor for their international crackdown on non-compliance. The goal is to eradicate non-compliance by making it challenging and costly for taxpayers who try to evade their tax obligations. It's clear that the implementation of this register is not up for debate, as the Beneficial Ownership registers have already been put in place by CIPC, SARS, and the Master of the High Court. As featured in FAnews Magazine-Online. Learn more by reading this informative article: https://bit.ly/3ObrbGg
To view or add a comment, sign in
-
⚠️ATO tax default data is a crucial early warning sign that we provide our clients.⚠️ With over 8000 insolvencies this year, its important to get ahead of the curve and not to be the next business impacted! Reach out to me if your are curious about getting this hidden risk data on your clients! 🏦🚨 CreditorWatch
The ATO are ramping up the registration of Tax Defaults. About 60% of these were against sole traders, trusts and partnerships. Want to see these in credit reports and receive alerts for them? Contact us. https://lnkd.in/ghFc-yee
To view or add a comment, sign in
-
-
Maximising Financial Health for Businesses: Debt Reduction, Risk Mitigation, and Cash Flow Improvement
Excited to share valuable insights with my network on the latest developments with the ATO's increased registration of Tax Defaults. Did you know that approximately 60% of these defaults are against sole traders, trusts, and partnerships.... Interested in having these reflected in your credit reports and receive timely alerts? Feel free to reach out—I'm more than happy to discuss the details of Creditorwatch with my network. #Creditorwatch #TaxDefaults #CreditReports
The ATO are ramping up the registration of Tax Defaults. About 60% of these were against sole traders, trusts and partnerships. Want to see these in credit reports and receive alerts for them? Contact us. https://lnkd.in/ghFc-yee
To view or add a comment, sign in
-
-
Transparency is key when it comes to dealing with SARS. Hiding information only leads to more complications and stress. Let's face tax matters head-on, ensuring full compliance and honesty in all dealings. Remember, SARS is there to assist and work with you, not against you. #TaxTransparency #SARSHonesty #ComplianceMatters #TaxCompliance #TransparentTaxation #FullDisclosure #BusinessIntegrity #TaxMatters #FinancialResponsibility #TrustSARS
To view or add a comment, sign in
-
-
Simplified guide cancellation of fines and exemption of financial penalties.
To view or add a comment, sign in
-
🚨 𝗡𝗲𝘄 𝗘𝗨 𝗗𝗶𝗿𝗲𝗰𝘁𝗶𝘃𝗲 𝟮𝟬𝟮𝟰/𝟭𝟮𝟮𝟲 𝗔𝗹𝗲𝗿𝘁 👉🏻 The EU has adopted the Directive 2024/1226, establishing criminal penalties for violations of EU restrictive measures. This Directive introduces significant developments: ➡️ 𝗖𝗿𝗶𝗺𝗶𝗻𝗮𝗹 𝗹𝗶𝗮𝗯𝗶𝗹𝗶𝘁𝘆: Violating EU restrictive measures will be criminalized throughout all member states which are required to adapt their national laws to reflect this change. ➡️ 𝗣𝗲𝗻𝗮𝗹𝘁𝗶𝗲𝘀 𝗳𝗼𝗿 𝗹𝗲𝗴𝗮𝗹 𝗲𝗻𝘁𝗶𝘁𝗶𝗲𝘀: Severe penalties, including substantial fines and possible exclusion from public benefits (e.g. tax benefits) or aid, are set for legal entities that breach the EU measures. 🏢 For businesses operating within or with the EU, will be 𝗺𝗼𝗿𝗲 𝗰𝗿𝗶𝘁𝗶𝗰𝗮𝗹 𝘁𝗵𝗮𝗻 𝗲𝘃𝗲𝗿 𝘁𝗼 𝗲𝗻𝘀𝘂𝗿𝗲 𝘁𝗵𝗮𝘁 𝘆𝗼𝘂𝗿 𝗼𝗽𝗲𝗿𝗮𝘁𝗶𝗼𝗻𝘀 𝗰𝗼𝗺𝗽𝗹𝘆 𝘄𝗶𝘁𝗵 𝗮𝗹𝗹 𝗮𝗽𝗽𝗹𝗶𝗰𝗮𝗯𝗹𝗲 𝘀𝗮𝗻𝗰𝘁𝗶𝗼𝗻𝘀 𝗮𝗻𝗱 𝗿𝗲𝘀𝘁𝗿𝗶𝗰𝘁𝗶𝗼𝗻𝘀. Non-compliance could lead to severe penalties, reputational damage, and other long-term consequences. 📝 Stay informed (aka read the slides below 😉) and review your compliance strategies to align with the new Directive (aka contact us📩)!
To view or add a comment, sign in
-
SARS has introduced new requirements for trusts and public benefit organisations in terms of third-party data reporting. Previously, certain entities such as banks, financial institutions, and medical schemes were required to submit third-party returns containing information about a taxpayer's interest, dividends, or capital gains. However, the recent changes now include trusts, specifically requiring them to submit third-party data on an annual basis using the IT3(t) process. To ensure you meet the new requirements, contact us: https://lnkd.in/d3EJpuRP #RVN #Trusts #Compliance #Tax
To view or add a comment, sign in
-
-
Is it possible for a taxpayer to reclaim paid compromise amounts from the BIR due to an invalid assessment? Find out in today’s Top of Mind article entitled ‘Reclaiming compromise payments’, as featured on the Philippine Star: https://lnkd.in/gAU65fHx
To view or add a comment, sign in
-
More from this author
-
Good afternoon, data protection and Eurovision fans!
Information Commissioner's Office 1y -
Protecting privacy during a pandemic: our work on the UK’s Covid apps
Information Commissioner's Office 1y -
Blog: Director's Update - Why Covid-19 has shown the FOI Act has never been more important to UK society
Information Commissioner's Office 2y
Extensive experience across HMP Service (Governor),the National Probation Service (drug specialist), Surrey Police (Secondee Probation officer working alongside DIU) to divert prolific nominals away from crime,
2wNo looking for you to retrain your caseworkers so they understand safeguarding and a persons right to privacy under the DHSC Share Consensus, a better understanding of the MCA and people’s right to make an unwise decision if they hold capacity, DPA 2918 and the need for LAs to understand the limits of their lawful duties and looking for you to stop supporting organisation al abuse