Other news in brief | KPMG | UK

Other news in brief

Other news in brief

A round up of other news this week.

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The Welsh Revenue Authority have published technical guidance on the application of Land Transaction Tax (LTT) in relation to partnerships.

Peru has joined the OECD’s Anti-Bribery Convention.

Paraguay and Peru have joined the OECD’s multilateral Convention on Mutual Administrative Assistance in Tax Matters.

KPMG’s global privacy lead, Mark Thompson, comments on the implementation of General Data Protection Regulation (GDPR) and what businesses need to do to get ready. Many organisations are still figuring out what they need to do, Mark provides some helpful tips.

The latest ONS retail figures show signs of life, with growth of 1.6 percent in the month of April however not all retailers had any growth. Retailers may have reasons to be cheerful, hoping the Royal Wedding, some Bank Holiday shopping sprees and an upturn in the weather lead to a better month in May.
 

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