04/05/2018
Cyprus – UK Double Tax Treaty
The New Treaty updates the one signed by the two countries in June 1974 which came into effect in March 1975
Tax
04/05/2018
Inheritance tax 2018: How much can you gift your family without incurring the dreaded tax?
INHERITANCE tax can be a tricky tax to understand for many families looking to gift money to younger generations. How much can you gift to your family without incurring the dreaded tax?
04/03/2018
Offshore UK jurisdictions react to latest tax avoidance inquiry
Awareness of the inquiry was heightened by the publication in the UK’s Guardian newspaper, also last week, of comments on the matter by John Mann, a Labour party MP who is chairman of the Sub-Committee overseeing it.
03/30/2018
States ‘happy’ to work with critical Labour MP
THE States have said they are happy to work with a UK Treasury sub-committee whose chairman this week accused the Island and similar territories of being used to exploit ‘holes in the tax system’.
03/29/2018
HMRC publishes new guidance on offshore tax offences
New online guidance setting out taxpayers' responsibilities in respect of offshore income, assets and activities has been published by HM Revenue and Customs (HMRC).
03/28/2018
France and Luxembourg sign new tax treaty following BEPS standards, French case law
Certain key features make this treaty one of a kind and may shed light on what future tax treaties signed by France may look like.
03/28/2018
Fergie, Sven and Hoddle face huge ‘dry tax’ bills from failed scheme
Amid growing pressure to crack down on tax dodgers, HMRC became concerned the schemes were being used to avoid tax.
03/27/2018
Tax havens are a stain on Britain – the cleanup starts now
We need answers about crown dependencies and overseas territories that help the wealthy dodge tax owed to society
03/27/2018
HMRC faces probe over tax collecting powers
The committee will also investigate the tax gap in VAT
03/27/2018
Tax avoiders’ accountants may have to give evidence to MPs
Subcommittee of MPs to investigate facilitation of avoidance, in wake of Panama and Paradise Papers
03/25/2018
EU tax committee to focus on Crown Dependencies
Move follows Paradise Papers revelations
03/22/2018
Second Real Madrid star accused of tax evasion
The Madrid court in charge of the investigation reopened the case in 2017, asserting that the allegations against Alonso had been “sufficiently substantiated”.
03/21/2018
Offshore tax havens with a grip on multimillion pound Islington properties
The collective value of the properties comes to £773m. However, as only a fifth of properties within the data provide a sale price, the true figure could be as high as £3.5 billion.
03/21/2018
No fines deducted through “Cayman Tax”
Sabrina Scarna, a tax lawyer with Tetra Law, also believes that the lack of fines is logical at this stage.
03/21/2018
How to end the tax year
For business owners, finding the best blend of salary, bonus and dividends could make all the difference to what profits you end up receiving.
03/20/2018
Hargreaves Lansdown wins 'discount tax' HMRC challenge
The tax tribunal has just ruled that loyalty bonuses aren’t taxable.
03/19/2018
Newcastle accountancy celebrates major turnover with new client wins
The firm was founded 28 years ago by managing partner, Michael Leather.
03/19/2018
INVESTIGATION: Ministers under pressure to end charges for property checks after The Sunday Post reveals off-shore owners of swathes of Scotland
MINISTERS are under increasing political pressure to scrap fees for property searches in Scotland.
03/16/2018
Tax wrapper choice costing pension funds
Failing to deliver tax benefits to retirement savers is equivalent to an unnecessary cost
03/16/2018
Guernsey Companies: UK tax residence considerations
Whether CMC of a Guernsey company is exercised in the UK is question of fact.