Other news in brief

A round up of other news this week.

A round up of other news this week.

As part of its work on BEPS 2.0, the OECD will hold a public consultation meeting on 12 September 2022 on the draft rules to implement a new taxing right that will allow market jurisdictions to tax profits from some of the largest multinational enterprises (‘Amount A’ of Pillar One). In particular, the meeting will focus on the key questions in the recently published consultation document and the issues that have been raised in written submissions received as part of the consultation process.

The cross-party Treasury Committee has published a call for evidence on the current suite of UK tax reliefs (both personal and business), including on whether they provide value for money and if, among other things, they impact employment, investment and growth in the UK. The Committee is also interested in hearing what potential reforms could be made, as well as whether reliefs are being used in the way that they were intended, or if they can facilitate tax avoidance or evasion. International comparisons of tax reliefs are particularly welcomed. The deadline for submissions of evidence will be 5pm on Monday 19 September 2022.

In a recent article Julia Picco, Legal Director Immigration, KPMG in the UK and Belinda Wright, Partner Internal Immigration, KPMG in the UK, discuss the digitisation of Right to Work checks and set out what is happening, when, and what UK employers need to consider now.