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

Final regulations on EU mandatory disclosure rules published

The regulations take effect from 1 July 2020 (with a retrospective reporting requirement for certain arrangements from 25 June 2018).

What does equal pay mean to the tax system? by Susan Ball

As anyone who has been involved in an equal pay claim knows, they are complex and costly.

UK Opens $130,000 Contract to Catch Crypto Tax Evaders

HMRC is one of the UK’s largest organizations, with 60,000 full-time equivalent staff working to collect taxes.

Mazars Reports Outstanding Performance in 2019

The increase in revenues was supported by a strong 9.0% organic growth, complemented by a positive external growth of +1.3%.

Adviser teams with accountants to form ‘one stop shop’

Harwood specialises in retirement planning for individuals and business owners, investment advice and inheritance tax planning.

Beware the hidden tax pitfalls of divorce

Tax will not be the priority on divorce

HRMC has more staff chasing benefit cheats than wealthy tax dodgers

While people falsely claiming benefits costs the taxpayer £2.3billion a year the rich are ripping us off for up to £120billion.

JERSEY: Draft regulations to implement mandatory disclosure rules issued - Deloitte

The regulations are broadly in line with expectations following the end of the consultation period that ran to 15 November 2019

Corporate Tax Advisers Grapple with New EU Disclosure Rules

EU members enacted law last year; first reports due in August

British Tax Havens to Share Data With Russian Authorities

The sharing of financial information is in the spotlight as Russia has lifted restrictions on its citizens holding overseas bank accounts.

Business Property Relief and Capital Gains Tax: planning opportunities for business owners

Business owners looking to benefit from BPR should periodically review the level of investment activities in their business.

The Loan Charge – finally some good news for tax payers

Many saw the Loan Charge as being grossly unfair, citing examples of employees who were told they would not be employed if they didn't accept payment via loans, numerous cases of miss-selling to unrepresented employees and even suicides of employees

A report on 'International Tax Enforcement: Disclosable Arrangements'.

A report on how the power in Finance Act 2019, which enables regulations to implement Council Directive (EU) 2018/822, will be used in different EU Exit scenarios.

Your New Year tax resolutions by Chris Etherington

What new years’ resolutions will you make to get your tax affairs in shape?

UK property CGT charge ‘unworkable and unfair to investors’

RL360’s Neil Chadwick hopeful Treasury will see sense but says April is key redemption trigger deadline

City firms generate record £75bn of tax as industry shrugs off Brexit fears

They paid £33.4bn in taxes and collected a further £42.1bn for the exchequer, primarily through income tax and national insurance contributions deducted from employees’ wages.

Taxing Times at HSBC

The bank entered into a Deferred Prosecution Agreement (DPA) with the Justice Department and paid a penalty of $192 million.

French government to scan social media for evidence of tax evasion

"If you say you're not a fiscal resident in France and you keep posting pictures on Instagram from France, there might be an issue."

Tax breaks tempt wealthy Norwegians to Arctic islands

The local council hopes to attract some of Norway’s ultra-wealthy at a time when falling oil prices mean that many in the rich, highly taxed nation are starting to tighten their belts.

UK has one of the worst inheritance tax regimes in the world

Individuals in the UK pay more than double the inheritance tax of the European average.