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

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.

Netherlands: What Does The New Approach Of Horizontal Tax Monitoring Mean For Your Company

The tax authorities will discuss the exact changes of HTM with companies in the coming period.

Taxation and wealth

It seems true that our top tax rate is consistent with that of most comparable economies, while one reaches it at a relatively low level of income.

Anderson Anderson & Brown hails record year as firm works on 70 deals

The firm, which has some 280 staff including 19 partners, said it had “significantly” increased its focus on deal activity in the Central Belt following its Edinburgh office launch in June 2018.

Will HSBC spearhead blockchain for banking next year?

The multinational bank is ready to set examples in blockchain for the banking sector.

Tax changes advisers should watch for in 2020

George Bull said that while the 'tax lock' - ruling out increases in income tax, VAT or national insurance - appeared a positive move, advisers should not be lulled into a false sense of security.

ATAD 2 and expiry of tax rulings issued prior to 2015 passed by the Luxembourg Parliament

The Luxembourg Parliament also passed the 2020 Budget Law confirming the expiry of the tax rulings issued by the Luxembourg tax authorities before 1 January 2015 after the end of the 2019 fiscal year.

Govt to overhaul tax charge after damning review

Today the government agreed to accept all but one of the recommendations put forward by Sir Amyas in his report.

Relax. You really can survive the minefield of capital gains tax

From inheriting to investing, the rules can be complex, as our readers found

Seeking a more stable tax haven?

William Sweeney, senior manager in the tax technical team at accountancy firm, Menzies LLP, discusses options for international investors.

Greece: Corporate income tax reform includes corporate and withholding tax reductions

A transition provision will apply to legal entities that acquired shares before the new rules come into effect so that they are not adversely affected by the rules

UK tax collector brings in £45m via mediation

But a law firm flags worrying drop in how often it was used in 2018/19

Two simple tax changes could help the government meet its climate change targets by George Bull

Recent research suggests that councils are sitting on almost £2bn of art, most of which is not on public display.

Smith & Williamson delivers positive first half performance

The first six months of the financial year have seen strong revenue growth across most of our business lines, accompanied by further strategic investment in our core systems.

UK taxman overtaxed more than 460,000 people last year

And they were forced to submit refund claims to get their money back

TMF Group acquisition paves the way for new opportunities along the China-German economic corridor

We look forward to playing our part in building that proposition, working with our new colleagues and continuing to support German, European and other international businesses with their investments in China, and vice versa.

Distributions from foreign opaque trusts: new tax rules for Italian beneficiaries

Art. 13 inserts a new provision that will affect distributions operated from foreign opaque trusts to Italian resident beneficiaries.

Danny Murphy loses £1m Coutts tax avoidance battle

It is the second time in just over a year that Murphy has lost a legal battle with Coutts.

Warning tax change could spark outflows from property funds

This could lead to substantial outflows and heightened risk of further fund suspensions.

World’s superrich are renting London properties to avoid new taxes

There are currently more than 1,100 homes in London rented at over £3,000 a month, including a £40,000 a week, seven-bedroom house in Mayfair and a six bedroom Knightsbridge penthouse flat at the same price.