Mandatory Disclosure Rules (UK MDR)
-
20 Minutes -
For all staff
-
UK
The Mandatory Disclosure Rules are designed to tackle offshore tax evasion and deter people from entering arrangements built to evade tax. This 20-minute course provides an overview of the UK MDR, explaining what it is, when and to whom it and related legislation apply, and identifying the cross-border arrangements that must be reported.
Reporting obligations frequently fall on intermediaries who advised on part of a structure rather than designing it, and the deadlines are short. Penalties apply per failure. Training advisory and client-facing staff to recognise a reportable arrangement when they see one is the only reliable way to meet the deadline, because the alternative is discovering the obligation after it has passed.
-ID.webp?width=800&name=224473703655_382232731_Mandatory%20Disclosure%20Rules%20(UK%20MDR)-ID.webp)
What you’ll learn in
this course
- Recognise what the UK MDR is, when it applies and to whom it and related legislation applies
- Identify the cross-border arrangements that are reportable
- Identify the type of activities that are reportable by operators of digital platforms
- Appreciate the requirements under the lookback period
- Assess your reporting obligations in a given scenario
- Be aware of possible multiple reporting obligations
- Know what information to disclose in order to comply with the UK MDR and related legislation, and how and when to disclose it
Hear from our customers
Skillcast provide an A-star product with excellent customer service support.
Feefo Customer Rating ★★★★★ 4.9/5
Ready to try this course?
Start your free trial of this course and get instant access today.
Want to explore more courses?
Browse all courses and search by topic to find what matters most to you.