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

Law firm behind 19,000 SJP claims charging 40% plus VAT for wins

AMK Legal, which is not a regulated claims management company, is charging clients more than the 30% cap on CMC fees introduced by the FCA in 2022 on successful claims.

Saffery Trust wins 2024 WealthBriefing European Award

The annual awards are open to financial service providers across Europe, focused on experts, products, and services.

IHT receipts on track to deliver £9.7bn by 2028-29

The OBR recently forecasted IHT receipts would increase by 37 per cent.

Government tax take continues to soar despite cut to national insurance

The Tories had been under significant pressure to make the budget a giveaway bonanza to help rally support as they near the election.

Advisers want future government to lessen tax burden for retirees

The survey was conducted in anticipation of the upcoming General Election to determine advisers’ key priorities for the next government.

Income or capital: Boston Consulting Group v HMRC

In most cases, the disposal will be taxed to capital gains tax (CGT) rather than income tax

Use the Budget NI cut to beat income tax creep and boost your pension pot

The headline measure in Chancellor’s spring Budget was the 2p cut in National Insurance contribution for both employees and the self-employed.

Key measures for foreign owned groups in Spring Budget 2024

With a UK general election expected in the second half of 2024, the main measures announced by the chancellor were aimed at employees and working families.

KPMG UK and Blue J expand strategic alliance to tax tools

Now, the firm’s new strategic partnership with Blue J will lead to the launch a new generative AI powered product to answer challenging tax research questions in seconds.

Tax authorities update guidance on criteria for a permanent establishment

Notably, the updated guidance includes a statement that a home office used for remote working generally should not qualify as a PE.

Never mind the Budget: As UK tax burden hits record highs - seven ways to give yourself a tax cut

The highest earners are also restricted by the tapered annual allowance

EU removes four jurisdictions from noncooperative jurisdictions list

The jurisdictions in annex I either have not engaged in a constructive dialog with the EU on tax governance or have failed to deliver on their commitments to implement the necessary reforms.

Revealed: The 36% boom in Swiss-domiciled funds

While Luxembourg-based funds have won the preference of most European countries, Switzerland has diverged.

IHT receipts hit £6.3bn amid Budget tax cut rumours

The nil-rate band has been frozen at £325,000 since 2009

Government tax take soars as Chancellor gears up for spring budget

Inheritance tax had been hitting the headlines as an area for potential change

Tax advice for individuals relocating to UK

The SRT examines various ties to the UK, including the number of days spent in the country.

Will Hunt move on income tax or National Insurance, inheritance tax or stamp duty?

Changes to stamp duty land tax relief are still due to be reversed from 31 March 2025, and pressure on the Government to make the changes permanent has grown.

Platform warns of Isa tax trap for Brits moving to EU

Aisa International has warned of bad advice from unlicensed advisers

IHT top concern for wealthy Brits in 2024

The research also found 30 per cent of women have hesitated to apply for wealth management products due to a lack of understanding, compared with only 10 per cent of men.

'Breach of trust': New controversy rocks Monaco royals as former wealth manager claims tax fraud

The new controversy erupted after French newspaper Le Monde last week published the allegations