09/24/2015
If you consider the VAT on ticket sales and receipts from hospitality and travel, HMRC does very well out of sporting events such as the Rugby World Cup. But if the Chancellor really wants to help deliver similar events in the future and even increase muc
09/24/2015
Those high income individuals using offshore trusts will have to pay up by month end
09/24/2015
Dozens of island companies are facing challenges from unprecedented scrutiny by global tax authorities, a leading legal expert has told Business News.
09/23/2015
Italian tax authorities extend Voluntary Disclosure deadline
This extension allows more time to submit the explanatory memorandum and other documents which must accompany a Voluntary Disclosure application.
09/21/2015
HMRC have released their draft Automatic Exchange of Financial Account Information Guidance notes.
09/21/2015
With a Jan. 1, 2016 effective date looming for 50 "early adopter" jurisdictions set to enact a new international Common Reporting Standard for reporting financial account information
09/18/2015
Tuesday was Pensions Awareness Day, and to coincide with this the Pensions Regulator is launching a TV campaign encouraging small employers to comply with their auto-enrolment obligations. But with concern growing that many of these employers are choosing
09/17/2015
The Government of Guernsey has released a statement in relation to the closure of the UK Guernsey Disclosure facility.
09/15/2015
The Government of Jersey has released a statement in relation to the closure of the UK Jersey Disclosure facility.
09/14/2015
Taking note of statements made after the informal discussions among EU finance ministers in Luxembourg on Saturday
09/14/2015
More than two thirds of financial advisers in the UK see specialist tax advice as the biggest growth area in their businesses over the next two years, according to a survey by Prudential.
09/14/2015
The Federal Council has now confirmed that the existing exemptions for CoCos and write-off bonds will be maintained for a limited period.
09/13/2015
The new legislation has removed the cash flow advantage of holding on to the disputed tax — sometimes for years — while cases were being investigated and litigated
09/13/2015
‘Coordination, not harmonisation, is the way to go on tax matters,’ Finance Minister tells EU ministers
09/10/2015
Some good news. Europe, which told Ireland to make payments to bondholders despite no legal obligation to do so, may be on the brink of giving us a financial break.
09/10/2015
After reopening investigation into HSBC clients hiding money in Switzerland, HMRC admits it has still only prosecuted one tax cheat
09/10/2015
A range of commonly held tax-incentivised savings wrappers are not recognised by the US, which has led to many clients coming to Vestra US with tax inefficient portfolios.
09/09/2015
From the perspective of tax authorities worldwide, tax avoidance is a massive example of the operation of the law of unintended consequences. At a time when tax authorities around the world are rushing to crack down on tax avoidance, it’s therefore
09/09/2015
The new offence is part of a package of measures designed to clamp down on those who evade, or help others to evade
09/08/2015
A recently introduced service allowing people to settle unpaid tax on overseas assets has attracted more filings and bigger sums than expected