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

Keir Starmer under pressure to back plans for corporation tax rise

Labour leader has faced backlash after saying he would oppose any new tax on business in budget

Real Madrid criticised over ‘tax haven’ investment deal

The report was based on the so-called ‘Football Leaks’ files – internal correspondence and contracts of European football clubs – that were handed to several mainstream European media houses.

Wolters Kluwer introduces finsit, its cloud-based financial insights platform to the UK

Finsit enables accountants to leverage technology to give real-time, data-rich advice

Weekly Tax Brief

In a departure from tradition, while some tax announcements will continue to be made on Budget Day, others will be deferred until Tax Day which has been set for 23 March. What’s going on? We look at the implications.

EU adds Dominica to tax non-compliance list

As it removes Barbados while the country undergoes a review by the OECD

COVID-19 and regulatory uncertainty spur greater tax risk for organizations in 2021 and beyond, EY survey finds

Survey respondents say they anticipate a far more diverse tax risk environment spanning everything from scrutiny of routine business activity, to major, billion-dollar settlements in court.

Luxembourg: Circular regarding "prime participative" issued

The circular explains how to calculate non-deductible social contributions. For instance, social contributions related to exempted salary income, such as a prime participative, are not deductible for wage tax calculation purposes.

Cypriot tax system makes Ukrainian firms an offer they can’t refuse

For years, Cyprus has served as a popular investment stop for Ukrainians, Dmytro Perevozchykov, a partner at Cyprus-based law firm Michael Kyprianou, which has offices in Kyiv, told Kyiv Post on Feb. 16.

VAT cut for green UK businesses could aid COVID-19 recovery

The EAC believes that this should include VAT reductions to repair services and items that have been recycled to encourage a circular economy.

Capital taxes in the UK: what does the Government want to achieve?

The nature and intentions of these tax possibilities are as diverse as the coloured balls, silver clubs and flaming torches in the jugglers’ repertoire.

Chancellor urged not to raise taxes in Budget by IFS

A Treasury spokesperson said the UK government had invested more than £280bn throughout the pandemic to protect millions of jobs and businesses.

One-off wealth tax could repair UK’s finances: Senior Tory MP

That is probably nearer the end of the spectrum of the possible-stroke-question mark-desirable than an annual wealth tax.

Tax app untied files first submission under HMRC digital drive

To do this, they will need approved and compatible software that meets the new digital record keeping requirements.

Teneo extends global presence with acquisition of Deloitte's UK Restructuring Services Business

Teneo to launch full-service restructuring business in latest expansion of consulting capabilities

Greece: Supreme Court decisions clarify concept of tax residence

Supreme Court decision no. 403/20 initially refers to the taxing right of a state and the concept of permanent home.

Taxes and support for the sports sector: new contract requirements for professional athletes and clubs

The tax provisions are valid for five years and can be extended for a further five years under certain conditions.

Weekly Tax Brief - 9 February 2020

They will therefore incur a 20 per cent VAT charge on the cost of the remedial works which, for blocks of privately owned flats, is ordinarily passed on to the leaseholders.

UK's self-employed urged to use tax return extension wisely

It has been a tough year for the self-employed.

Luxembourg tax scandal may prompt EU action

The latest revelations about Luxembourg, spearheaded by the French Le Monde newspaper, comes from publicly-available but difficult-to-access data.

Navigating the New Post-Brexit VAT Rules for Non-UK E-Commerce Sellers and Online Marketplace Operators

A consequence of these new rules is that, from 1 January 2021, e-commerce sales of imported goods worth more than £135