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

Sting in tax tail for British expat voters

Salter added: "It can be very difficult to break one's domicile of origin for example if one is born in the UK of UK parents.

Pandemic has delayed important tax planning decisions according to advisers

More than half of advisers (53%) polled also said they had clients who could benefit from tax efficient investments but had not yet engaged with them on the topic.

Weekly Tax Brief - 7 April 2021

So for businesses that have experienced a loss in the last year, getting your accounts and tax returns prepared early and filing these with HMRC could unlock a repayment of tax paid in previous years and bring some much-needed positive cash flow.

World Bank warns against 'high' global tax minimum

To US lawmakers, Ms Yellen has made the case that establishing a global minimum tax would allow the US to remain competitive, despite that increase.

Take home at least £32,870 in tax free income per year in retirement

Being aware of and making full use of the allowances available can save a retiree a substantial amount of tax money over the long term.

Curtis Banks sets aside £403k for in-specie tax relief issues

This comes after HM Revenue and Customs challenged all Sipp providers on whether pension contributions could be made in-specie.

TMF Group announces 2020 full year results

TMF Group delivered strong performance in 2020

Weekly Tax Brief - 30 March 2021

This means that where completion takes place at the end of the tax year, or exchange and completion take place in different tax years, it is possible to file the self-assessment tax return instead.

Overcoming complexity and realising opportunity in luxury French property

Although the crisis itself has not directly boosted international demand, it is clear high-end French properties will rarely lose value and continue to be a safe investment option.

Non-fungible tokens: at the UK legal and tax frontier

Is this just another bubble waiting to burst or is it the sign of an important shift in attitude towards the digital world?

Tax haven ranking shows countries setting global tax rules do most to help firms bend them

Leading economists and campaigners from around the world are calling for OECD tax rules to be superseded by a more robust and globally inclusive process at the United Nations

Kingswood removes VAT from managed portfolios

This is the latest in a trend of DFMs removing VAT from their MPS offerings, as firms attempt to stay competitive with one another.

Partially VAT exempt businesses can vary their recovery method

The brief outlines some of the detail around submitting a variation request to HMRC by email and what evidence is needed to support the position.

SJP: Tax year-end: financial tasks to complete before 5 April

As we ease out of lockdown, opportunities to invest before the end of the tax year shouldn't be ignored.

Weekly Tax Brief - Tax day special

Efforts by government to engage with taxpayers – both individuals and businesses – as well as professional advisers and other interested parties are always welcome.

How will the Portuguese budget impact expats?

UK’s exit from EU means Brits may no longer be able to take advantage of previous benefits

Tax allowances ‘only going to get worse’ as thresholds decrease by 11 per cent in last decade, says Quilter

Research by Quilter has found that over the past decade, the main tax allowances and thresholds have decreased by an average of 11 per cent.

Tax allowances ‘only going to get worse’ as thresholds decrease by 11% in last decade

Quilter warns individuals to make use of tax allowances now before they became more punitive in subsequent tax years

Odey Asset Management loses executive pay tax battle

Hedge fund said deferred plan was response to regulatory pressure after financial crisis

Weekly Tax Brief - 22 March 2021

Under current rules, where a VAT-registered business buys in services from outside the UK, it must charge itself UK VAT under the reverse charge procedure.