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In brief: 18 July 2024

15 July 2024
Issue: 4945 / Categories: News

Jersey consultation on 1984 trusts law

The government of Jersey is consulting on five draft amendments to the Trusts (Jersey) Law 1984. Responses should be submitted by 16 August 2024.

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Worldwide corporate tax rates stay stable

The average statutory corporate income tax rates have remained steady at 21.1% over the past three years according to the Organisation for Economic Co-operation and Development’s report Corporate Tax Statistics 2024.

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Changes to VAT registration

HMRC has confirmed in an email to agents that from 5 August 2024 all changes to clients’ VAT registration details must be completed online via the agent services account.

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Welsh land transaction tax

The Land Transaction Tax and Anti-avoidance of Devolved Taxes (Wales) Act 2017 (Amendments to Schedule 5) Regulations WSI 2024/791 amend Sch 5 of the Land Transaction Tax and Anti-avoidance of Devolved Taxes (Wales) Act 2017 to extend the...

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