02/20/2018
HM Revenue & Customs has reported a surprise drop in the annual tax enveloped dwellings (ATED) take, which is payable mainly by companies that own UK residential property valued at £500,000 or above.
02/20/2018
The bank paid the French government 300 million euros ($370 million) in November to settle allegations that it helped clients hide assets from local tax authorities.
02/19/2018
The Inland Revenue is filling its coffers off the back of people’s lack of understanding of the rules. We answer your questions
02/19/2018
Gibraltar Marks 25th Year of HNWI Residency Scheme
Holders of Category 2 status are liable to income tax on only the first GBP80,000 of income.
02/14/2018
Despite the picture painted in the BBC’s recent McMafia series, the UK is not necessarily awash of dubious foreign wealth. But what is the UK doing to clampdown on money laundering and increase transparency?
02/12/2018
The 65-year-old appealed his three-year sentence
02/09/2018
There will no longer be a legal requirement for the UK to exchange information with EU member states on tax matters
02/08/2018
Taxe 3 inquiry marks a further threat from the EU to the UK’s network of offshore tax havens
02/07/2018
Sánchez is the latest football player to be targeted for tax evasion by the Spanish authorities, alongside similar efforts by the UK’s HMRC to go after high-profile tax evaders and avoiders.
02/05/2018
Changes included agreements with offshore low-tax havens such as Switzerland
02/01/2018
This policy approach continued when capital transfer tax became inheritance tax in 1986. In the course of the following 32 years, inheritance tax has become a major worry for ordinary people up and down the length of the UK.
02/01/2018
“This is a system built around the needs of the Treasury and the bureaucracy, not one which puts people first,” Webb said.
02/01/2018
The UK Government has confirmed it is opposed to public access to its register of beneficial owners of trusts.
01/31/2018
HMRC’s new approach to historical tax irregularities could see more taxpayers being named and shamed. This could have serious financial and reputational risk for taxpayers, and there is an urgent need for further clarification from HMRC on what the
01/31/2018
The Irish Finance Act 2017 – Key Changes for Irish Corporates
The presence of a tax avoidance motive will not determine whether the provisions apply.
01/31/2018
OMW Comment:UK Launches inheritance tax review
If you are covering the Chancellor’s letter to the Office of Tax Simplification asking for a review of inheritance tax, please find comment from Rachael Griffin, tax expert at Old Mutual Wealth:
01/31/2018
HMRC says since April 2006, the average QROPS transfer has been £93,087.
01/31/2018
Since the system started in April 2015, the total amount refunded to these pensioner taxpayers has been £262m.
01/31/2018
“Significant” regulation that requires individuals to explain to HM Revenue & Customs and the Serious Fraud Office (SFO) where their wealth came from has come into force.
01/25/2018
Expat buy-to-let landlords holding UK property will be hit with a non-resident property owners tax from April 2019. But, is there anything they can do?