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

HMRC wields ‘dawn raid’ powers to stop tax cheats

HMRC has the power to search businesses suspected of tax evasion, and can often do so early in the morning or without warning.

QROPS Transfers Slow But Cash Values Hit New High

The number was down 4,000 from 13,700 the year before.

Rise in dawn raids to catch tax evaders

Numbers reflect HMRC’s renewed drive to stop cheating

Italy grants non-dom status for first time (to former UK non-dom)

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.

Wealth tax may ‘drive out’ Ireland’s rich

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

Tax panel backs HMRC drive against salaries paid in gold

Ruling follows company’s offshore tax avoidance scheme

Unsuspecting advisers face £3k HMRC penalty

The tax world is becoming more transparent.

Cutting IHT bills with the Residence Nil-Rate Band

For many families, their biggest exposure to inheritance tax, and their most important asset, is the family home. To help people reduce their inheritance tax bills, the new residence nil-rate band is being phased-in from 6 April 2017. We explain how to ma

IOM: We're no tax haven study concludes

Topping the list of sink jurisdictions are the British Virgin Islands, followed by Taiwan and Jersey.

Global Tax Digest - Eversheds

Italian Procedure Allows Voluntary Disclosure of the Existence of a PE

Fighting tax evasion will be presidency priority for Austria

Hans Jörg Schelling outlines goals for when European Council role rotates to Austria

What now for Making Tax Digital? - Saffery Champness

Our article considers the revised timetable for mandatory quarterly reporting

The Malta Pension Plan – A Supercharged, Cross-Border Roth IRA

A Roth IRA may be the best vehicle available to achieve these goals.

UK will not be a tax haven after Brexit says Philip Hammond

“That is neither our plan nor our vision for the future.”

Could your Facebook updates be used to determine your grandchildren’s tax status?

A tribunal case to determine whether a group of siblings were domiciled or non-domiciled for tax purposes had to look over the life of the claimants’ grandfather from his birth in 1930

Grenfell chief faces questions over her £1m second home linked to tax haven

The firm was owned by a family trust set up by the Kensington and Chelsea council leader’s late father.

Malta's Favourable Tax Climate and Burgeoning Tourism Sector Attractive to Developers

Malta presents an ideal mix of investment benefits that make it a very attractive place for luxury and hospitality developers looking to expand into the EU zone.

UK’s new Finance Bill to re-introduce previously omitted measures

The Finance Bill to be introduced will legislate for policies that have already been announced.

Public prosecutor settles KPMG office tax evasion case

It was also one of the incidents which led to the resignation of the company’s chairman in 2014.

Italian tax police ask Switzerland for details on 10,000 banking clients

Credit Suisse considers the investigation by the Italian authorities into Credit Suisse's cross-border business as closed.