The UK’s tax authority, HM Revenue and Customs (HMRC), has statutory powers under Schedule 36 to the Finance Act 2008 to issue an information notice which requires a person to provide information or produce a document if that information or document is ‘reasonably required’ for the purpose of checking the taxpayer’s tax position or for the purpose of collecting a tax debt of the taxpayer.
6-year-old boy becomes youngest Singaporean to trek to Everest Base Camp
Om Madan Garg made the 10-day journey to the camp, at an altitude of 5,364 metres, with his parents – despite a stormy delay at the start and a brief health scare.
Malaysia’s Anwar Ibrahim took finance minister role due to ‘extraordinary circumstances’: ally Rafizi Ramli
Rafizi Ramli, Malaysia’s newly appointed economy minister, said he hoped PM Anwar Ibrahim also being finance minister ‘will be an exception, not the norm’ moving forward.
Japanese city aims to restore 16th-century castle – but no one knows what it looked like
Morioka was the seat of a clan of samurai warriors centuries ago, before a castle was built in the 1500s; with it long since destroyed by fire or knocked down, officials keen to resurrect the building need help ascertaining its appearance.
Indonesia’s Semeru volcano erupts; strong quake shakes main island
Indonesia raised the alert status for the Mount Semeru volcano on Java island to its highest level on Sunday after an eruption spewed hot ash clouds into the sky.
Thousands protest in South Korea in support of truckers ordered to return to work
The marchers accuse President Yoon Suk Yeol’s conservative government of labour oppression after they were ordered to return to work when they walked out in a dispute over harsh working conditions and financial struggles.
Russian tourists use chartered flights, foreign credit cards to head back to Thailand in droves
More than 44,000 Russians visited the kingdom in October, compared with less than 10,000 each in the months following the start of the Ukraine war in February.
Market outlook for biosimilars: how streamlining will enable growth
One of the central themes emerging from this year’s World Biosimilar Congress held in Basel was that biosimilar manufacturers will become more strategic about the markets they target for launching new products in the months and years ahead. This is necessary if the overall market is to grow and remain profitable.
‘Smash ‘n’ grab’ claims the most common for UK adjudicators
‘Smash ‘n’ grab’ claims are the most common currently being dealt with by adjudicators in the UK. They are usually straightforward to deal with but some recent cases provide valuable lessons for companies caught up in them.
Businesses subject to competition class action censured by UK tribunal
Shipping companies subject to a class action-style lawsuit in the UK have been censured by a tribunal over their communication with businesses eligible to sue them and ordered not to repeat the behaviour.