Taxation logo taxation mission text

Since 1927 the leading authority on tax law, practice and administration

In brief

28 June 2016
Issue: 4556 / Categories: News

Greek VAT; Tax strategy; International tax; Tax agreement; Beneficial ownership

Greek VAT

On 1 June 2016 the VAT rate in Greece increased from 23% to 24%.


Tax strategy

HMRC has published an overview guide for large businesses (with a turnover above £200m or balance sheet over £2bn) on the requirement to publish their tax strategy before the end of the next financial year commencing after Royal Assent to Finance Bill 2016 and yearly thereafter. See here.


International tax

HMRC has updated International Manual para INTM268510 ‘Non-residents trading in the UK: Returns and assessments outside normal time limits: returns – corporation tax’. This removes a reference to 
ESC B46 withdrawn in March 2011 which allowed a grace period of seven working days before penalties were charged for late filing of some returns. See here.


Tax agreement

A double tax convention has been agreed between the UK...

If you or your firm subscribes to, please click the login box below:

If you are not a subscriber but are a registered user or have a free trial, please enter your details in the following boxes:

Alternatively, you can register free of charge to read a limited amount of subscriber content per month.
Once you have registered, you will receive an email directing you back to read this item in full.

Please reach out to customer services at +44 (0) 330 161 1234 or '' for further assistance.

back to top icon