08/23/2017
IFAs rush to meet offshore account warning rules
IFAs must send letters to clients by the end of next week telling them that undeclared offshore accounts could land them in trouble with the taxman.
08/23/2017
IFAs must send letters to clients by the end of next week telling them that undeclared offshore accounts could land them in trouble with the taxman.
08/23/2017
The department has been pushing the use of digital channels to reduce the pressure on its contact staff, one element of which has been the development of the SMS reassurance service.
08/23/2017
Holding assets offshore is not illegal, as long as all taxable income and gains are declared on a UK tax return.
08/22/2017
Ireland and Norway only two countries to get top rating on tax and financial transparency
08/17/2017
HMRC said to be investigating reports that 13,000 renters did not declare rental revenue
08/17/2017
The exclusion from capital gains tax for these vehicles only applies where the vehicle is “centrally managed and controlled” outside the UK (this being the test for UK tax residence).
08/17/2017
Britain will never win a race to the bottom.
08/17/2017
Inheritance is tax-free up to a certain threshold
08/16/2017
Many long-term UK-resident non-UK domiciled individuals may be wondering where to move to next, now that the government has confirmed that the long-awaited changes to the taxation of non-doms will indeed apply from 6 April 2017. Non-doms who have been UK-
08/15/2017
They do not trust the politicians or the sustainability of the pension system.
08/15/2017
Ruses to escape crackdown on trust-based tax scheme ‘don’t work’, authority says
08/10/2017
With short-term property speculation running at its highest level since 2007, we question whether ‘flippers’ are giving enough thought to their tax bills.
08/10/2017
96 individuals or firms undergoing full tax investigation
08/09/2017
The question this prompted was, of course, what HMRC meant by the term “UK tax consequence”.
08/08/2017
HMRC has the power to search businesses suspected of tax evasion, and can often do so early in the morning or without warning.
08/08/2017
The number was down 4,000 from 13,700 the year before.
08/08/2017
Numbers reflect HMRC’s renewed drive to stop cheating
08/07/2017
In order to qualify for this regime, the applicant has to have been non-tax resident in Italy for at least nine out the 10 years preceding their arrival in the country.
08/07/2017
While other wealth-tax models, like the version paid in the Swiss canton of St Gallen, could raise up to €1.23bn a year, it would affect 52% of Irish households, the group said in an analysis of the merits of introducing such a measure in the budget
08/07/2017
Ruling follows company’s offshore tax avoidance scheme