- Managers of Wealth - Europe - Wealth, private banking and asset management news and opinion

HMRC tax receipts hit £322.7bn as advisers warn of IHT and CGT traps

Income tax, capital gains tax (CGT) and national insurance contributions generated £189.8bn between April and July, rising 7% (£13.2bn) year on year, primarily bolstered by £173.2bn in PAYE receipts.

German prosecutors file charges in tax fraud case against four former Commerzbank staff

Authorities say it defrauded the state and taxpayers.

Grant Thornton launches new degree programme with University of Leeds

This distinctive new degree programme brings together the academic rigour and strength of Leeds University Business School with meaningful, paid professional experience.”

Pensioners are rushing to pay 1 thing to reduce inheritance tax

Wealth management firm Rathbones found that 67% of wealthy grandparents are taking care of one thing for their family.

Changes to the way your second home is taxed in box 3 of the tax return

When you declare assets in box 3 of your tax return for 2026 and 2027, two calculations will be made.

UK Inheritance Tax (IHT) and long-term residence: what’s changed?

The UK is moving towards a residence-based IHT system, which is important if you have assets in more than one country.

UK tax adviser registration: New regulations confirm deferral for investment managers

HM Treasury has now made Regulations setting out the dates for the introduction of the UK tax adviser registration regime.

Why Wealth Taxes Always Fail

Wealth inequality may very well be a problem worth addressing, but wealth taxes are not the solution.

Non-dom tax take rose 9% to £13.6bn as numbers fell, HMRC says

HMRC said the release “is for tax year ending 2025 which occurred prior to these policy changes being implemented”.

Ireland, AI and Microsoft’s Vanishing Tax Bill

Microsoft’s report directly attributes these tax savings to Ireland’s lower corporate tax rate.

Wealth tax: options for taxing wealth and raising revenue

This is not the first time such a proposal has been made. Some within Labour now advocate an annual wealth tax, already a Green Party policy.

HMRC confirms £200 tax charge rule for UK households

Current HMRC rules means select households face extra tax charges.

Wealth planning in a changing tax landscape

Recent changes to Inheritance Tax (IHT) and Capital Gains Tax (CGT) and business succession reliefs have altered the planning landscape for many individuals and families.

EY announces on-site quantum computing to help shape the next frontier of enterprise technology transformation

The new capabilities will support the processing of highly sensitive workloads in areas such as optimization, fraud detection, data protection and large-scale risk management.

How rising mobility is reshaping tax and cross-border planning

As Indian business families’ presence becomes increasingly global, several tax and regulatory blind spots are emerging, often quietly but with significant long-term impact.

HMRC overseas tax information requests hit 5-year high

That makes HMRC a key source of intelligence for overseas tax authorities to identify hidden offshore assets and unpaid income tax.

UK PM Andy Burnham's tax agenda: SDLT reform, the 50p rate or even a wealth tax?

On tax, the Labour Party committed in its election manifesto not to increase National Insurance, the basic, higher or additional rates of income tax, or VAT.

Tax reform needed to boost growth in Scotland

Supporting Scottish growth, entrepreneurship and competitiveness

HMRC agrees average settlements of £16,500 with 500 crypto investors under disclosure schemes

A Freedom of Information (FOI) request by Identomat, a UK financial services compliance provider, revealed total settlements over 2024/25 and 2025/26 stood at £8,328,132.

Two percent minimum tax on richest households could raise £10 billion

The UK's richest households have become dramatically wealthier over recent decades while often facing lower effective tax rates than ordinary workers.