08/01/2016
Despite the incomplete registration records, it is obvious that many of the agents bulk-registering dubious SLPs are based offshore, completely eluding the UK’s ramshackle anti-money-laundering system. Offshore agents must be brought under control,
07/29/2016
Luxury property tycoon insists largesse worth over £200m was a show of family affection and respect for late father’s wishes
07/27/2016
A country has to exhaust all of its own internal legal procedures before it can request information from the other.
07/26/2016
The Non-Resident Landlords Scheme is a scheme for dealing with the UK taxation of UK rental income of individuals, companies and trusts that are not resident in the UK.
07/25/2016
As long as payments out match payments in, S110 securitisation vehicles pay virtually no tax, if any.
07/25/2016
Some vulture funds are using a tax loophole to pay as little as €250 in tax in Ireland.
07/25/2016
Mossack Fonseca did not validate the information contained in the leaks but accused reporters of gaining unauthorized access to some of its proprietary information.
07/25/2016
The UK levies higher purchase taxes on prime real estate than many key competitors, and risks reducing its attractiveness to globally-mobile executives and high net worth investment from overseas as a result, according to a study by UHY Hacker Young
07/22/2016
Entrepreneurs perceive proposed changes, except reduction of the corporate income tax, negatively.
07/22/2016
With taxation rights over gains on the disposal of such shares at any future date remaining solely with the state of residence of the seller.
07/22/2016
Public Accounts committee criticised HMRC's lack of strategy
07/22/2016
Consultant launches international tax advisory service
It has invested significant funds in hiring a US tax team to complement its existing UK operation.
07/20/2016
The collection of tax debt needs to be modernised, building on the positive results achieved since the function was brought into the public sphere.
07/20/2016
Dispute resolution with HMRC has changed out of all recognition since the controversy over the “sweetheart” deals with Vodafone and Goldman Sachs. The latest annual report shows that while the process is a lot more rigorous, there are still a
07/19/2016
Official filings show that the capital’s hub – the main gateway for visitors to Scotland – is ultimately in the hands of an off-the-shelf company registered in the Cayman Islands.
07/19/2016
Whisky giants Whyte & Mackay have come in for criticism for paying just £172,000 in taxes despite recording profits of over £24million.
07/18/2016
News of certificates of good standing being sold in the ex-USSR came shortly after MPs warned that Britain's property market was being used to launder billions of pounds.
07/15/2016
“It’s not just about clever companies,” O’Sullivan stressed. “Somebody has to create the tax haven for profits to be shifted in to, and many governments are willing to do that.”
07/14/2016
The current basic rate of income tax in the UK is 20%. Whilst there are various circumstances to which deduction of income tax at source is relevant, the specific purpose of this article is to describe the position that applies when UK source interest is
07/14/2016
Rachael Griffin, financial planning expert at Old Mutual Wealth, said should a move take place it could provide much needed stimulus to the market following the uncertainty caused by the EU referendum.