09/16/2019

£125m QROPS Tax Windfall Plan Flops For HMRC

The overseas transfer charge is paid by expats moving money into an offshore QROPS pension when the scheme is based outside the European Economic Area (EEA) in a place other than the country where they live.

09/03/2019

Cyprus And Tax Treaties

A bilateral tax agreement or Double Tax Treaty, is an agreement between two countries.

09/02/2019

Tax implications of separation and divorce

Following the end of the tax year of separation any transfers will be deemed to be at market value, as the divorcing couple will still be ‘connected persons’ up until the date of divorce (decree absolute).

08/22/2019

Tax collected from HMRC investigations hits £13bn

The cash collected constitutes over a third of HMRC's £34bn compliance yield for the period, with the remainder being made up of future losses prevented; future benefit; product and process analysis; and accelerated payments.