10/31/2014
Although in the past eight years or so, various UK Governments have introduced legislation which has withdrawn some of the previously available tax advantages of such structures, they remain valuable tax planning vehicles in the right circumstances.
10/30/2014
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
10/30/2014
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.
10/30/2014
Companies which exploit loopholes to avoid paying tax in Britain will be made to ‘damn well pay
10/29/2014
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.
10/29/2014
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.
10/29/2014
Gibraltar will today sign an international agreement with at least 45 other countries to swap tax information automatically with each other from 2017.
10/29/2014
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
10/28/2014
The guide adds that HMRC has begun issuing "follower notices" and "accelerated payment" notices to those involved in tax avoidance schemes.
10/26/2014
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
10/23/2014
Requirements set in the bill could be toughened when it reaches the second reading, the lawmaker said.
10/23/2014
The tax authorities are contacting parliamentarians suspected of fiddling their declarations.
10/23/2014
As tax advisers we rightly pride ourselves on our knowledge of the UK tax system.
10/23/2014
Most territories apply withholding taxes (WHT) to payment of dividends and certain other sources of investment income.
10/22/2014
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
10/22/2014
On the first floor of a rust-colored building near the main railway station, Marius Kohl spent years engineering this country’s most valuable export: tax relief.
10/21/2014
New figures from HM Revenue & Customs reveal that almost five times more tax revenue is lost as a result of illegal activity than through avoidance.
10/21/2014
Italy has also taken a tough line in that the DTA should not offer provisions that would establish a tax amnesty. Italy is seeking payment of any unpaid taxes on Italian taxpayers' assets in Switzerland and transparency about account-holders' id
10/17/2014
Grant Thornton is to open a new office on the Isle of Man.
10/17/2014
It was George Harrison’s astonishment at the amount of tax he was paying that prompted him to pen The Beatles’ song “Taxman” almost 50 years ago.