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

OECD backs Guernsey as cooperative jurisdiction

Following Guernsey being placed on an EU tax 'black list' as a non-cooperative' jurisdiction, the OECD has come out in support of the island.

Spain and Taxation: Busting the Myths

There are estimated to be 1 million Britons living in Spain, with UK expatriates making up the largest group of European foreign nationals.

RBC Wealth Management - 2015 UK Budget commentary: Radical Budget

Let’s be in no doubt, this was a radical Budget.

'We could raise rents if we lose tax breaks,' UK landlords warn Osborne ahead of summer Budget

Landlords say they may be forced to hike rents if Chancellor George Osborne sweeps away lucrative tax breaks in tomorrow's Budget.

George Osborne family business' £6m offshore deal

Chancellor George Osborne's family business made £6m in a property deal with a developer based in a tax haven, Paul McNamara and Guy Basnett investigate.

Athens eyeing deal to tax assets hidden in Swiss banks: report

The government made up of the left-wing Syriza party, whose survival likely depends on the referendum outcome, has promised to tackle tax evasion which hurts Greece's already devastated economy.

OECD backs Guernsey as a cooperative jurisdiction

Monica Bhatia, Head of the Secretariat of the OECD Global Forum on Transparency and Exchange of Information for Tax Purposes said: "I am very surprised that Guernsey has been included in a list of non-cooperative jurisdictions. We are very pleased wi

Barclays hires KPMG as its auditor after 120 years with PwC

The bank is replacing its auditor as the industry moves to shake up the way the books are reviewed

HMRC takes in record levels of inheritance tax

HM Revenue & Customs took in nearly £400m worth of inheritance tax payments in April, the biggest ever amount for a single month.

Guernsey FATCA reporting update - Deloitte

The Guernsey Income Tax Office have announced they will not impose penalties on local Financial Institutions which did not meet the 2014 US FATCA reporting deadline of 30 June 2015 providing filings are made by 8 July 2015.

A Budget for business? by George Bull

Last March we were promised ‘a Budget for business’, but will it be the same story second time around?

HMRC scraps thousands of QROPS from overseas pensions list

HM Revenue & Customs has dropped thousands of QROPS schemes from its recognised overseas pension schemes (ROPS) list, with Australian schemes fairing the worst.

Warning to Northern Ireland’s fast-living tax cheats

The taxman has a warning for fast-living tax cheats in Northern Ireland – “We are coming after you”

Russell Bedford Expands in UK with Leading Manchester Accountants Hallidays

Stockport chartered accountants Hallidays joins Russell Bedford International as a key step in expansion of regional network.

UK tax policy dictated by companies not ministers says leading treasury expert

Adviser on ‘Google tax’ says international competition and offshore tax arrangements lead government to provide policies attractive to corporations

Greek minister slams Swiss over tax evasion

Greek Finance Minister Yanis Varoufakis has taken a swipe at Switzerland for providing only limited information about wealthy tax evaders from cash-strapped Greece who are believed to have stashed billions of euros in Swiss banks.

No gold at the end of the transparency rainbow by Geoff Cook

The current transparency agenda and the harmful tax practices initiative date all the way back to 1998, the year the OECD published its seminal paper ‘Harmful Tax Competition’ an Emerging Global Issue

Grant Thornton named one of the 50 'World’s Most Attractive Global Employers'

A survey of more than 240,000 business and engineering students from 12 of the world’s largest economies named Grant Thornton one of the 50 'World’s most attractive global employers'

Saffery Champness shortlisted for STEP Trust Company of the Year

STEP reports a particularly high number of international entries for this year’s awards, with the judges shortlisting only the most outstanding in each category.

Isle of Man's TIEA with Italy now in force

The Isle of Man ratified the agreement at the November 2013 sitting of Tynwald