In brief: 12 January 2023

10 January 2023

Issue: 4871 / Categories: News

The chancellor has announced that the Spring Budget 2023 will take place on 15 March 2023.

HMRC has extended the deadline for businesses to disclose that they are misusing till systems to reduce their tax bill. Disclosures should be made by 9 April 2023 (the deadline was previously 28 February).

tinyurl.com/hmrcessge

Ørsted has been awarded the fair tax mark by the Fair Tax Foundation and becomes the first Danish multinational company to secure accreditation to the global standard of responsible tax conduct. Ørsted develops constructs and operates offshore and onshore wind farms solar farms energy storage facilities renewable hydrogen and green fuels facilities and bioenergy plants.

tinyurl.com/ftmdenmark

The Proceeds of Crime (Money Laundering) (Threshold Amount) Order SI 2022/1355 increases from £250 to £1 000 the threshold amount below which transactions can be carried out by businesses in operating an account for a customer without committing...

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