International Assignments: Ratification of new UK – Netherlands double tax treaty

The Netherlands has taken the first step towards obtaining the necessary parliamentary approval for the new tax treaty signed between the Netherlands and the United Kingdom (the “New Tax Treaty”) by submitting it to the Lower House on September 23, 2009 […]

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International Assignments: Double tax agreement: exchange of information protocol signed to UK/Malaysia agreement

The United Kingdom and Malaysia recently signed a protocol updating the existing double taxation agreement between the countries. […]

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Employment: New criminal offences to counter corporate corruption

On 8 April 2010 the Bribery Bill received Royal Assent. No date has yet been set for the new Act to come into force, however it represents a complete overhaul of corporate obligations in relation to bribery and corruption. The maximum penalty for offences under the Act is 10 years’ imprisonment or an unlimited fine […]

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Compensation & Benefits: HM Revenue & Customs update Employee Share Schemes User Manual (“ESSUM”)

HMRC has published updates to the ESSUM including some useful clarifications on SAYE (“Save As You Earn”) and CSOP (Company Share Option Plan) options […]

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Employment: Information Commissioner hikes annual data controller notification fees

It is a legal requirement for organisations to register with the Information Commissioner if they process personal data relating to living individuals.  As the definition of “processing personal data” is wide enough to include holding of names on customer lists and employee payroll details, every business is “data controller”.  The registration is renewable annually. […]

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Compensation & Benefits: Extension to paternity leave revisited – employers fear administrative burdens and scope for fraud

The government will shortly be consulting on proposals to allow fathers to “share” some of a mother’s maternity leave entitlement.
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