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

Grant Thornton Russia moves over to rival Baker Tilly

The new unified firm, dubbed Baker Tilly Russia, will operate in the audit and consulting services market of Russia, and consists of a headcount of more than 500 employees.

Taxing times set to continue for wealthy individuals by Gary Heynes

With the Chancellor unable to raise funds through the tax credit system as planned, it’s likely that he’ll look to the high-earners to make up some of the shortfall. Wealthy individuals have already been hit hard by tax changes over the years,

RSM warns only six weeks left to come clean under the taxman’s ‘most attractive’ disclosure

RSM is warning individuals that have tax irregularities that time is running out to come clean to the taxman as the popular Liechtenstein Disclosure Facility finally closes on 31 December 2015.

HMRC targets 'affluent' taxpayers in anti-avoidance crackdown

The taxman has doubled the army of inspectors trawling through the tax files of those earning £150,000 or more

Multinationals deny wrongdoing EU in tax hearing

The Luxleaks scandal involved leaked documents showing that over 300 multinational companies had private tax arrangements - tax rulings - with Luxembourg.

Australia, Germany Sign New DTA

Under the new treaty, the maximum withholding tax rate for dividends will be 15 percent.

Director Promotions At KPMG

The Newcastle office of professional services firm KPMG has made three director promotions as it bolsters its support for the North East.

Tax voice - November 2015 - RSM UK Group

Welcome to this month's edition of Tax Voice, a monthly round-up of the most important tax news.

Some more radical common sense for Tax or...by Justin Urquhart Stewart

The argument over Tax Credits is very sensitive at various levels.

Red tape and taxes will destroy the City, says UK's former top regulator

Hector Sants, the former head of the Financial Services Authority, fears the UK will lose its place as the world’s top financial centre unless stifling red tape is cut back

Diverted Profits Tax - The Clock is Ticking...

Against the backdrop of the wider BEPS agenda, the UK is seeking to levy a 25% tax on the diverted profits of groups that structure their affairs so as to avoid a UK taxable presence known as a “permanent establishment

Crickhowell: Residents of town going offshore to avoid tax release video urging others to do the same

'Either we all pay tax, or none of us do'

Transition from UK IGA to the CRS - Deloitte

The Governments of the Crown Dependencies have provided an update on the proposals for the transition from the Crown Dependancies and Overseas Territories (CDOT or "UK FATCA") to the Common Reporting Standard (CRS) in 2017.

Cut taxes and open Britain’s borders or risk losing the City, says Barclays' John McFarlane

Britain’s financial services sector will lose out to overseas competition unless the government stops holding it back, according to John McFarlane, the chairman of Barclays and TheCityUK

Former Arsenal, Liverpool and Manchester United players 'face ruin and losses of £100m’ in film investments

Rio Ferdinand, Martin Keown, Danny Murphy and Robbie Savage all understood to have lost millions after investing in film and property ventures

Update on UK disclosure facilities - SMP

This means that time is rapidly running out for UK taxpayers to make a disclosure of any UK tax irregularities to HM Revenue & Customs under the current facilities.

Are HMRC bad losers? By George Bull

After losing a number of court cases in recent years, HMRC now has to repay compound interest to companies that were unlawfully required to pay VAT under a “mistake of law”. However, the Department has now announced that these repayments will

German state buys USB said to hold evidence of €600m in tax avoidance

North Rhine-Westphalia pays €5m for information on tax avoidance and illegal deals, according to Der Spiegel

Police raid German FA on suspicion of tax evasion over 2006 World Cup

Prosecutors in Frankfurt investigating suspicion of serious tax evasion’

Rafael Benitez among sports celebrities embroiled in new tax investigation

HMRC is investigating £200m investments into a renewable energy firm as it clamps down on tax avoidance schemes