Managers of Wealth Europe

HMRC given ‘powerful new weapon’ to access taxpayer information

As UK taxman sends out ‘nudge letters’ to people suspected of having undisclosed offshore assets

UK higher earners concerned about tax hikes and relief cuts - deVere

The deVere CEO concludes that it is likely to be safer politically for the Chancellor to "tinker around with taxes" rather than make bold moves to boost the UK's growth and competitive edge.

Unpacking UK tax reliefs – a series

The relief is surprisingly wide in scope, compared to some other tax reliefs, given that both debt and equity investments qualify, as well as investments in property trading companies.

Transatlantic Tax Updates: July 2020

A round-up of the recent US tax changes relevant to American taxpayers living in the UK.

Chasing the silver pound – countries compete to encourage pensioners to relocate

The package will also include a mandatory charge for consumer deliveries, which would be presented as a means of cutting congestion and air pollution.

KPMG to shed up to 200 UK jobs amid dented revenues

A number of key markets had already been teetering on the brink of recession prior to the coronavirus outbreak, and the disruption caused by the international lockdown used to curb its spread now seems to have shunted the world into an unprecedented downt

Ireland's Economic Stimulus Response to Covid-19 - The Key Tax Measures

In the same week as the EU stimulus package was agreed, the Irish Government has announced a series of measures to support the Irish economy, assist business and promote employment in response to the COVID-19 pandemic.

Capital gains tax reliefs and allowances

The UK tax regime is notoriously complex and there are various reliefs for CGT available, including for the sale of business assets and for the sale of your main home.

European Commission releases package for fair and simple taxation

Simplify VAT rules in many different sectors;

Unlocking new value with tax innovation

Driving tax function effectiveness with technology and talent

Tax avoidance promoters back in HMRC crosshairs

Stop notices to be issued more quickly in a bid to shut down schemes sooner

HMRC mulls new reporting requirements for tax advisers

The policy change is part of a wider push to increase penalties for enablers of tax avoidance.

UK Inheritance tax changes to settlements – changes contemplated by Finance Bill 2020

In practical terms, this is unlikely to change anything since most advisors have never recommended that settlors who are UK domiciled or deemed domiciled should make additions to existing excluded property settlements.

UK to review tax system

Spotlight will be on role of reliefs and windfall taxes in post-pandemic economy

Nine challenges to a wealth tax

Superficially, it could increase the tax yield, but there are several issues with a wealth tax in the UK

Letter: Tax reform is the way to win over entrepreneurs

From Stephen Porter, ArtHistorical, London W1, UK

German finance minister sees concrete proposals on int'l tax reform by Oct

Fair taxation of international companies and large digital groups is more urgent than ever,” Scholz said after a virtual meeting of G20 finance ministers and central bank governors.

Calls for review of capital gains tax and the OBR estimates tax rise of £60bn per decade in the UK

The OBR has also suggested that there may be steep falls in CGT receipts over the next two years as property and other assets slump in value, applying further pressure on Sunak to increase tax rates to fill the gap.

Apple wins landmark court battle with EU over €14.3bn of tax payments

Judges annul ruling by European Commission in blow to competition commissioner Margrethe Vestager

The VAT e-commerce package and the supply of services

All suppliers of cross-border services to private individuals in the EU, then, will be able to take advantage of the coming OSS scheme.