Blog posts

The Governing Laws of Success - The Law of Return & Rituals

Dec 19, 2014 11:07 GMT Spiderweb Online Marketing LTD Life is about reaping and returning whether we like it or not. When we are harvesting now from life is a direct result of the actions we took yesterday, last week, last month, six months ago or even last year. If we are smart in our approach though, rather than get into a pattern of negative rewards, we can build in daily success rituals that allow us to get ahead and build momentum day after day.

Tax Alert - Spain - ECJ Judgment Removes Fiscal Rep Requirement for FOS Insurers

Dec 16, 2014 21:34 GMT Impendulo Limited ‚ÄčThe European Court of Justice (ECJ) has released its Judgment of case C-678/11, European Commission vs Kingdom of Spain. The case was regarding Spain's requirement for Insurance Companies acting on a FOS basis to appoint a local Tax Fiscal Representative. The ECJ has concluded that such requirements restrict an Insurer's freedom to provide services.

HMRC gives small businesses additional guidance on 1 January VAT changes

Dec 10, 2014 16:19 GMT HM Revenue & Customs (HMRC) HM Revenue and Customs (HMRC) has published additional guidance [hyperlink] for UK micro and small businesses who supply digital services to consumers in other EU Member States.

HMRC spells out help for small business

Dec 10, 2014 14:07 GMT HM Revenue & Customs (HMRC) HM Revenue and Customs (HMRC) has re-launched Supporting Small Business, which lays out how the department is making tax easier, quicker and simpler.

Tax Rate Alert - Denmark - Increase in Flood Levy

Dec 10, 2014 13:56 GMT Impendulo Limited The Danish Authorities have notified us that the Flood Levy has increased from DKK 30 to DKK 60. DKK 10 of this is a permanent increase whilst the other DKK 20 is temporary. The temporary increase is due to the particularly heavy Storm in December 2013.

Tax Rate Alert - France - Increase of IPT on Legal Expenses

Dec 10, 2014 13:46 GMT Impendulo Limited After consultation with the French Ministry of Finance we can confirm that they are proposing to increase the Insurance Premium Tax rate on policies covering legal expenses from 9% to 11.6% as of 1st January 2015.

Tax Rate UPDATE - Malta - Stamp Duty Increase

Dec 10, 2014 13:28 GMT Impendulo Limited The Maltese authorities have contacted us regarding the increase in Stamp Duty from 10% - 11%. They have changed the inception date of this raise from 1st January 2015 to 1st February 2015. It is applicable on policies with 'date of inception' from 1st February onward, not on policies paid from this date.

Tax Rate Alert - UK - Spacecraft Policies Made Exempt

Dec 01, 2014 18:09 GMT Impendulo Limited Through correspondence with the UK Authorities we can now confirm that Spaceship policies booked after 01/12/2014 are now exempt from IPT. Pre-launch risks are not covered by this exemption.

Tax Rate Alert - Malta - Stamp Duty Increase from 1st January 2015

Dec 01, 2014 15:10 GMT Impendulo Limited After consultation with the Maltese authorities we can confirm that the current 10% rate of Stamp Duty will increase to 11% as of 1st January 2015.

EU VAT changes: Twitter Q & A

Nov 28, 2014 18:09 GMT HM Revenue & Customs (HMRC) VAT place of supply of services rules changes from 1 January 2015. HM Revenue and Customs (HMRC) held a Twitter Q & A on 27 November 2014. Here we list some of the main questions to come out of that.