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

Tax authorities update guidance on criteria for a permanent establishment

Notably, the updated guidance includes a statement that a home office used for remote working generally should not qualify as a PE.

Never mind the Budget: As UK tax burden hits record highs - seven ways to give yourself a tax cut

The highest earners are also restricted by the tapered annual allowance

EU removes four jurisdictions from noncooperative jurisdictions list

The jurisdictions in annex I either have not engaged in a constructive dialog with the EU on tax governance or have failed to deliver on their commitments to implement the necessary reforms.

Revealed: The 36% boom in Swiss-domiciled funds

While Luxembourg-based funds have won the preference of most European countries, Switzerland has diverged.

IHT receipts hit £6.3bn amid Budget tax cut rumours

The nil-rate band has been frozen at £325,000 since 2009

Government tax take soars as Chancellor gears up for spring budget

Inheritance tax had been hitting the headlines as an area for potential change

Tax advice for individuals relocating to UK

The SRT examines various ties to the UK, including the number of days spent in the country.

Will Hunt move on income tax or National Insurance, inheritance tax or stamp duty?

Changes to stamp duty land tax relief are still due to be reversed from 31 March 2025, and pressure on the Government to make the changes permanent has grown.

Platform warns of Isa tax trap for Brits moving to EU

Aisa International has warned of bad advice from unlicensed advisers

IHT top concern for wealthy Brits in 2024

The research also found 30 per cent of women have hesitated to apply for wealth management products due to a lack of understanding, compared with only 10 per cent of men.

'Breach of trust': New controversy rocks Monaco royals as former wealth manager claims tax fraud

The new controversy erupted after French newspaper Le Monde last week published the allegations

Less than 1% of Capital Gains Tax paid through HMRC’s Real Time Service

HMRC’s Real Time Service was introduced in 2017 and is accessed by logging in to your personal tax account and entering information when prompted.

Changes to UK non-dom rules could result in wealthy elite moving their tax residence to Ireland

Any change to the UK system could result in large numbers of ultra-high net worth individuals choosing to move their tax residence to other jurisdictions, with Ireland well placed to benefit

Income tax, NI and inheritance tax take increases as government fiscal policy in spotlight

Inheritance tax was also an area that was rumoured to be abolished at the Autumn Statement but never materialised.

Tax credits will benefit companies investing in digital and green transformation

Digital transformation is defined as achieving an innovative process or an organizational innovation through the implementation and use of digital technologies.

Not done your tax return? Unclaimed pension tax relief is a major reason to do so

It is therefore very unwise to leave this until the final couple of days, as you may need a few days to juggle money around.

Audit or independent examination?

This has inevitable implications for the costs of the work and therefore the fees charged to the charity.

Majority of advisers plan to increase clients’ exposure to AIM over the next 12 months

The three most important reasons for the highly positive sentiment towards AIM is primarily because advisers believe it offers investors unrivalled access to exciting smaller companies with new technologies and new business models.

Side hustles, crypto and tax reliefs: Know what to declare to HMRC and avoid overpaying with these self-assessment and tax return tips

Toby Tallon, Partner in Private Client Tax Services at professional services and wealth management firm Evelyn Partners, has the following self-assessment and tax return tips.

CoinTracking releases crypto tax tool for UK investors

The leading crypto tax software since 2013, CoinTracking, has addressed these challenges and becomes the go-to solution for investors.