Latest news

Listed below is the latest news from Mazars UK.

Tax News

Mazars tax news covers everything tax related in the UK from, VAT to the latest HMRC rulings.

Financial Services news

The latest news from the financial services industry

UK Government proposal for safeguarding the status of EU nationals in the UK

The Government published its proposals on 26 June 2017 in respect of the status of EU nationals in the UK post-Brexit. The proposals form the basis for negotiation with the EU and essentially ensure that EU nationals who are in the UK prior to the cut-off date will be able to secure settled status here via a new application process that is to be introduced.

New IFRS insurance standard released

The International Accounting Standards Board (IASB) has now issued a new Standard to replace the current IFRS 4 Insurance Contracts.

IFRS 17 Insurance Contracts (IFRS 17) eliminates inconsistencies and weaknesses of existing practices through a single principle-based framework to account for all insurance contracts, including reinsurance contracts.

UK immigration update – March 2017

On 16 March 2017, the Home Office laid before Parliament a number of changes to the immigration rules. There are several changes to the Tier 2 route for skilled workers, the majority of which will impact migrant workers who are assigned a Certificate of Sponsorship on or after 6 April 2017. We set out a summary of some of the key changes.

Immigration news - Executive Order impacting travel to the USA

On Friday 27 January President Donald Trump signed an Executive Order suspending travel into the US for nationals of seven countries with immediate effect. The countries affected are Iran, Iraq, Libya, Somalia, Sudan, Syria and Yemen. During the course of the week that followed, the ban caused serious disruption for nationals of those countries who were travelling to the US or applying for visas. The ban also impacted dual nationals as well as green card holders.