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

Europe’s tax haven investments in Africa

The honour of delivering the keynote address at the high-level EU-Africa Business Forum earlier this year fell to Dr Ahmed Heikal.

Are offshore structures still advantageous in 2014?

Although in the past eight years or so, various UK Governments have introduced legislation which has withdrawn some of the previously available tax advantages of such structures, they remain valuable tax planning vehicles in the right circumstances.

Britain's other inheritance tax: the poorer you are, the more you pay

Comment: A quirk in the rules governing council tenants who die means that some face what amounts to an inheritance tax of 100pc. This grossly unfair penalty should be scrapped

Channel Islands sign tax agreement

Guernsey and Jersey have signed a multilateral competent authority agreement, which takes a further step toward the implementation of a new single global standard for automatic exchange of taxpayer information.

Cameron vows to clamp down on companies that funnel billions into offshore tax havens

Companies which exploit loopholes to avoid paying tax in Britain will be made to ‘damn well pay

Tax summit in Berlin aims to say goodbye to banking secrecy

The finance ministers of around 50 countries meet in Berlin on Wednesday to sign a deal they hope will put an end to banking secrecy and aid the worldwide fight against tax fraud and evasion.

L&G chief attacks mansion tax plans as 'poor economics'

Labour's plans for a mansion tax on high value properties will ‘punish’ families and savers, according to Legal & General chief executive Nigel Wilson, who has launched a scathing attack on the policy.

Gilbratar Joins Landmark Tax Transparency Drive

Gibraltar will today sign an international agreement with at least 45 other countries to swap tax information automatically with each other from 2017.

Bank-Data Sharing Accord Expands Push to Find Tax Cheats

The accord to be signed by finance ministers in Berlin today signals global determination by governments to capture tax revenue after the U.S. pursued banks such as Credit Suisse for helping Americans cheat on their taxes and German authorities bought CDs

HMRC's Explains Relationship With High Net Worths

The guide adds that HMRC has begun issuing "follower notices" and "accelerated payment" notices to those involved in tax avoidance schemes.

UAE and Luxembourg sign protocol amending agreement on double taxation and fiscal evasion

He Obaid Humaid Al Tayer, Minister of State for Financial Affairs and HE Pierre Gramegna, Luxembourg's Minister of Finance, today signed a protocol to amend the agreement on the avoidance of double taxation and prevention of fiscal evasion on income

First 'deoffshorization' bill reaches Russian parliament

Requirements set in the bill could be toughened when it reaches the second reading, the lawmaker said.

French MPs face investigation over tax scandal

The tax authorities are contacting parliamentarians suspected of fiddling their declarations.

Termination payments – is complexity sometimes a price worth paying? by Andrew Hubbard, Baker Tilly

As tax advisers we rightly pride ourselves on our knowledge of the UK tax system.

Does your organisation suffer withholding tax on income from overseas investments?

Most territories apply withholding taxes (WHT) to payment of dividends and certain other sources of investment income.

Middle-class mother 'with £300,000 in Swiss bank account sent children to Cheltenham Ladies' College but carried on claiming £20,000 in benefits as pocket money'

A middle-class mother with £300,000 in a Swiss bank account and children in top fee-paying schools carried on claiming benefits as 'pocket money

Tax