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Taxing times: SMEs remain cautious about open banking - Vimarsana News

Taxing times: SMEs remain cautious about open banking

Tax: the UK government is looking at using SMEs’ and self-employed individuals’ real-time financial transaction data to calculate and collect tax | Credit: Steve Buissinne/Pixabay The UK government is exploring how technology can streamline tax administration. But HMRC must not add more burden to a community that is already being battered by COVID-19 and Brexit. Ian Hall reports In December last year, HM Revenue & Customs (HMRC) issued a request for information (RFI) to investigate how it can use SMEs’ and sole traders’ real-time financial transaction data, obtained through open bank...

MGM Resorts International Confirms Receipt of Support Letter from IAC/InterActiveCorp - Vimarsana News

MGM Resorts International Confirms Receipt of Support Letter from IAC/InterActiveCorp

MGM Resorts International Confirms Receipt of Support Letter from IAC/InterActiveCorp News provided by Share this article LAS VEGAS, Jan. 8, 2021 /PRNewswire/ --   NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO, OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN ANNOUNCEMENT OF A FIRM INTENTION TO MAKE AN OFFER UNDER RULE 2.7 OF THE UK'S CITY CODE ON TAKEOVERS AND MERGERS (THE "CODE"). THERE CAN BE NO CERTAINTY THAT ANY FIRM...

Investegate |William Hill PLC Announcements | William Hill PLC: Update on Clearances and Timetable - Vimarsana News

Investegate |William Hill PLC Announcements | William Hill PLC: Update on Clearances and Timetable

Charles Armiststead   Slaughter and May are retained as legal adviser and Weil, Gotshal & Manges LLP are retained as US anti-trust legal adviser to William Hill. Linklaters LLP are retained as legal adviser, Latham & Watkins LLP are retained as financing legal adviser, Skadden Arps, Slate, Meagher & Flom LLP are retained as US anti-trust legal adviser and Phelps Dunbar LLP and Harris Hagan are retained as US and UK (respectively) regulatory legal advisers to Caesars and Caesars UK Bidco. Important notices Barclays Bank PLC, acting through its Investment Bank ("Barclays"), which is authoris...

New developments coming to Blackburn's Carl Fogarty Way - Vimarsana News

New developments coming to Blackburn's Carl Fogarty Way

TWO companies have revealed plans for millions of pounds of investment on development sites opened up by a new road named after an East Lancashire sporting hero. They are off Carl Fogarty Way named after Blackburn-born former four-time World Superbike champion and ‘King of the Jungle’ of the 2014 edition of TV’s ‘I’m A Celebrity... Get Me Out of Here!’ Arctic Glass, currently based on Furthergate Business Park, is to build a new showroom and factory create 20 new jobs. Preston’s Inceptum2 Limited project managers will construct a light industrial complex off the highway fr...

HMRC explores the potential of open banking to 'streamline' tax - Vimarsana News

HMRC explores the potential of open banking to 'streamline' tax

HMRC explores the potential of open banking to ‘streamline’ tax By Ian Hall on 16/12/2020 HMRC: the department wants to encourage the digitalisation of tax administration | Credit: Global Government Fintech The UK’s HM Revenue & Customs (HMRC) is investigating how it can use small businesses’ and self-employed individuals’ real-time financial transaction data, obtained with their permission through open banking, to calculate and collect tax. Open banking enables account holders to share financial data with third parties using APIs. The UK is widely seen as a leading nation when it c...