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

Expats hit with tax planning complications due to lockdowns

This could impact your tax planning strategies which, in turn, could affect other personal finance matters including retirement planning, estate planning and trusts.

Which taxes are being hit hardest by coronavirus?

A recent report analyses the tax cost of coronavirus between sectors.

How HMRC deals with suspected tax offences

Explain what the contract disclosure facility is

Weekly Tax Brief - 5 May 2020

When the situation demands it, the UK has a great capacity to respond to crises.

Danish tax office seeks Cayman information in alleged fraud scheme

The suit aims to recover US$2.1 billion in dividend withholding-tax refunds claimed for shares the defendants said they owned in Danish stock market-listed companies.

Boris under pressure to ban UK tax-dodging bosses from getting furlough bailouts

Labour leader Keir Starmer, Lib Dem MP Layla Moran and Archbishop of Canterbury Justin Welby have all supported a move to put a ban in place

Former Fry Group trio launch UK expat tax advice firm

It has opened now to provide support to NHS workers during covid-19 crisis

Weekly Tax Brief

There is a very real sense in which the population of the UK should give itself a round of applause for coping so well with life under lockdown.

Tax reform ‘required’ for economic recovery

With the need for certain, simple, fair taxes which are support of growth, administratively straight forward and manageable, six areas should be near the top of the list.

Tax avoidance products ‘in decline’ across the UK

But taxman’s clampdown could see legitimate planning hit as ‘collateral damage’

If you want a bailout in Europe, don’t use tax havens

Skeptics say measures don't do enough to combat fiscal paradises within the EU.

Report points to 'hard-core' group behind tax avoidance

The information gathered in 2017 showed the tax avoidance sector was being maintained by a "hard-core" group of as many as 20 promoters with a "long history of operation" in the UK and who were well known to HMRC.

Tax avoidance products ‘in decline’ across the UK

But taxman’s clampdown could see legitimate planning hit as ‘collateral damage’

UBS Appeal in $4.9 Billion French Tax Case Delayed Amid Virus

A new date for the case will be set at a court hearing later this year.

UK taxman offers no quarter to offshore asset holders

HMRC allowed relief to all taxpayers affected by coronavirus but not those with assets abroad

HMRC tax receipts down £2bn in March

Statistics released by HM Revenue & Customs for the 2019/20 tax year show tax received by the taxman shrunk to £41.3bn in March

Denmark bans tax haven companies from accessing coronavirus bailout money – will other countries follow?

As companies ask for public funds to stop them going bust, some are facing scrutiny over how much – or how little – tax they pay

Weekly Tax Brief - 21 April 2020

Over the last 25 years, digitalisation has changed the UK tax-reporting landscape out of all recognition.

2019 tax return filing deadline for individual taxpayers

The official deadline for paying due taxes for 2019 Russian tax returns remains the same – 15 July 2020.

Weekly Tax Brief - 15 April 2020

New Government guidance makes it clear that, to claim the furlough grant when the portal opens by the end of April, organisations need a PAYE online account.