07/22/2015
International tax adviser Mark Davies & Associates said the Government’s plans to introduce criminal offences for non-compliance, regardless of intention to evade tax, would “weaponise” HMRC.
07/21/2015
HMRC confirmed in the paper that the legislation will not affect the CGT treatment of genuine investments in funds made by managers on the same terms
07/21/2015
Just 19% of accountants have informed their clients about the Liechtenstein Disclosure Facility despite the beneficial programme being withdrawn in December, a survey has revealed.
07/20/2015
No liability for any period before 6 April 1999
07/20/2015
The UK government’s plans for a new law to make offshore tax evasion a criminal offence must include a requirement that prosecutors prove criminal intent, according to the Chartered Institute of Taxation.
07/17/2015
These proposals will ensure tax evasion is a high-risk activity that will result in serious consequences.
07/17/2015
Switzerland and Liechtenstein have signed a new double taxation agreement, which lowers the withholding tax rates applicable to dividend and interest payments.
07/17/2015
Under the current law a taxpayer can only be guilty of a criminal offence if HMRC can prove that the failure was deliberate.
07/16/2015
Ukraine and Cyprus have agreed to review bilateral agreements on taxation to prevent the withdrawal of capital to offshore zones, Finance Minister Natalie Jaresko wrote on Facebook.
07/16/2015
Mr Codrington was convinced that there would be an increase in individuals that would reconsider their options once the new regime came into force in April 2017.
07/16/2015
Other areas where we have seen strong growth include Gibraltar and the Isle of Man
07/16/2015
Developed by Webtech Limited in conjunction with leading corporate service provider SMP Partners, the solution is uniquely designed by users for users.
07/16/2015
Guernsey chief minister Jonathan Le Tocq has defended the island’s position as an “international leader” in tax cooperation after it was placed on the European Commission’s tax haven blacklist last month.
07/16/2015
HM Revenue & Customs is consulting on a raft of new measures to clamp down on offshore tax evasion.
07/15/2015
The UK Government has introduced £40 billion in additional bank-only taxation over a period of a decade.
07/12/2015
Many pension savers will be tempted to use the new freedoms to invest in property. We investigate the risks
07/10/2015
But changes to bank levy and launch of new surcharge will also result in other banks – including Lloyds and RBS – paying more
07/10/2015
Challenger banks have had an unexpected hit that proportionally hits them more than global banks
07/10/2015
We do not know the amounts
07/10/2015
UK government proposals to abolish permanent non-domiciled status and reduce the status timeframe to 15 years could lead to “a mass exodus of older money”, a private client lawyer predicts.