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

Gibraltar - UK Double Taxation Agreement

The terms included in the Gibraltar DTA will need to be seen and studied as and when it is published

Loan charge: those who disclosed tax avoidance won't face penalties, says minister

Around 50,000 contractors who used loan-based tax avoidance schemes dating back 20 years are being targeted by the charge.

How Italy’s favourable new tax regimes can benefit the sports industry

The sports industry is well positioned to take advantage of the new regimes if participants are able to leverage their geographic flexibility.

Inheritance tax: top tips on how to minimise your liability by Carl Drummond, Sanlam

No one wants to think about dying, but it’s important to organise your estate to plan for inheritance tax.

Changes to inheritance tax look increasingly likely

The government can choose which of the proposals made by the OTS should go forward but, given the scope of this report, it seems very likely that the current rules will be subject to some change.

What Are Property Taxes Like in the South of France?

There are a wide variety of fees homeowners and renters must pay—though a break is on the way for many

Independent Tax Firm Debuts in United Kingdom

Has more than 4,500 professionals worldwide and a presence in over 144 locations through its member firms and collaborating firms.

KPMG flirts with offloading UK pensions advisory wing

Now, as the international professional services giant continues to evaluate its priorities in the UK, it has been reported that KPMG is considering the sale of its pensions practice.

LEBC responds to OTS Inheritance Tax review recommendations

Responding to the report Kay Ingram, Director of Public Policy at financial planners LEBC says: “Inheritance Tax raises only 1% of HMRC revenue.

UAE acts for transparency in tax, financial reporting

The OECD's BEPS project, endorsed by the G20 countries, was commissioned with a view to bringing more substance, coherence and transparency to the international taxation system

Inside the Luxembourg free port storing riches for the super-wealthy

One of those zones, and a potential model for the UK’s post-Brexit future, can be found at the end of a motorway, in a warehouse backing on to Luxembourg airport.

This inheritance tax loophole allows unlimited gifts – take advantage before it's axed

Earlier today we explained how the OTS, an independent advisory body, has called for a radical overhaul of death duties. And a long time coming it is, too.

Old Money: Should the wealthy pay more tax?

Some billionaires are surprisingly receptive to the idea of a ‘wealth tax’

Tax Regulation In The GCC

The main objectives for the formation of GCC countries are for the common currency, common market and customs union which was set forth by the GCC supreme council.

Weekly Tax Brief

In this edition of RSM’s weekly round-up of the most important tax news

Taxman's fraud probe into accountancy firm with festival link: Are investors set to see millions go pop?

Under the scheme, investors can put up to £2 million into fledgling firms – which must typically be no more than seven years old, worth less than £15 million and have fewer than 250 staff – in exchange for a 30 per cent tax break.

Revealed: HMRC missed out on collecting £35bn in tax in 2018, up £2bn on the year before

It is the difference between what HMRC feels it should be paid and what it gets

Pakistan money in Swiss banks dwindling for last three years

The report added, for the first time in four years, India has surpassed Pakistan which accounts for over CHF572 million (Rs95 billion).

Italy: New tax regime for inbound pensioners

The main goal of the new tax regime is to attract foreign capital to Italy

More overseas landlords admit tax avoidance

HMRC has been targeting suspected tax avoiders with threatening letters alongside launching a ‘Let Property Campaign’, aimed to encourage landlords to voluntarily disclose that they had not paid the full amount.