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Tax

09/28/2022

Mini-budget: Tax cuts and sterling

With new Chancellor Kwasi Kwarteng cutting taxes left, right and centre, here’s what it could mean for investors.

09/28/2022

Saltus: Nearly 80% of HNWIs weren’t asking for tax cuts

Prior to Friday's Budget, nearly 80% of wealthy individuals said in a survey that they were paying the right amount or not enough tax.

09/27/2022

Implications for peoples’ personal finances from Friday’s mini-Budget – Standard Life

Recent research we conducted suggested 49% had expected to be able to save less over the next few months and the price cap will hopefully help more people to balance the books.

09/26/2022

Businesses with tax haven links ‘won one in six’ public procurement contracts

Labour says ‘Tory procurement racket’ results in ‘billions of taxpayers’ money handed to offshore cronies’

09/26/2022

Truss vows ‘decade of dynamism’ in hint at more tax cuts

The Prime Minister and Chancellor Kwasi Kwarteng defended their controversial raft of tax cuts amid accusations they mainly benefit the rich.

09/26/2022

Global bonds tumble as UK tax cuts deliver fresh headwinds

The UK government’s package of tax cuts and regulatory reforms spurred 5-year gilts to slide by the most in at least 3 decades on Friday after its release.

09/26/2022

Spain to apply a new tax on the rich from 1st January

t will affect around 1% of the population and will be a temporary measure, such as those on the energy companies and banks.

09/23/2022

Spain's Andalucía abolishes wealth tax with immediate effect

Spain's Andalucía province has announced the immediate abolition of its wealth tax for residents and second homeowners in the region.

09/23/2022

Mini Budget 22: Kwarteng cancels corporation tax hike

Remains at 19%

09/23/2022

Income tax cut and NI reversal a major boost to higher earner pay

The amount of Income Tax paid by UK taxpayers has almost doubled in the last 20 years

09/22/2022

IHT receipts up 11% to £2.9bn

Under UK law, inheritance tax is paid at 40 per cent on assets valued above a certain threshold.

09/22/2022

Update on the UK’s Qualifying Asset Holding Companies Regime – Frequently Asked Questions

There are already a number of benefits of the UK tax system

09/21/2022

Liz Truss warned corporation tax cuts have not fuelled investment

‘Race to the bottom’ on tax on company profits has failed to boost economic growth, says IPPR

09/20/2022

Ireland remains 'hub' of tax avoidance, says Dutch MEP ahead of visit to Dublin

Tang will lead a delegation of MEPs to Dublin this week to speak with senior civil servants on Ireland’s tax regime.

09/19/2022

Capital acquisitions tax threshold

A disruptive impact on Irish families

09/19/2022

Pensions tax settlement more likely following ruling on ‘IOUs’

In the Sippchoice decision, the Upper Tribunal decided that a transfer of non-cash assets made in satisfaction of pre-existing money debts were not ‘contributions paid’ into a pension.

09/14/2022

Tax cuts will push interest rates to 4%, BoA warns

The UK has seen prices rise since May last year

09/09/2022

EY’s Irish partners to vote on global split of audit and consulting

Company facing multibillion-dollar legal claims in Germany and the UK

09/07/2022

IR35: HMRC backs use of ‘CEST’ tool by large UK businesses

If the business follows the CEST determination, there would then be no requirement to notify.

09/05/2022

Germany announces energy windfall tax and €65bn package to help ease prices

Chancellor Olaf Scholz says country ‘will get through this winter’ as he accuses Russia of breaking contract

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