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

The UK’s Requirement to Correct: game changer or damp squib?

With only days left for HNWs to get their tax affairs in order, barrister Tessa Lorimer asks if HMRC's new crackdown on offshore has teeth

Newton adopts Eagle’s accounting solution

Earlier this year Newton completed its migration onto Eagle ACCESSSM, Eagle’s secure private cloud to support its business growth and improve agility.

EU tax haven blacklist blocks just 1% of financial secrecy services threatening EU economies

On average, EU member states have put in place treaties that give their tax authorities power to retrieve some information in respect of 82 per cent of the financial secrecy services facing their countries, according to the Tax Justice Network’s res

Clock ticking on offshore income declarations in UK

HMRC has been issuing large numbers of warning letters both to taxpayers and their advisors

Gibraltar talks edging toward October deal

Spain mulling tax breaks for financial services crossing the border

Senior Tax Manager named in Top 35 under 35 ranking

She is an active member of STEP, and has achieved the STEP Diploma, CTA and ATT qualifications.

Three areas UK taxman is ramping up IHT probes

HMRC is treating inheritance tax as an increasingly lucrative source of income

Grant Thornton calls for independent public body to appoint auditors

With Grant Thornton no longer vying for contracts amid the 100 companies listed on the London Stock Exchange with the highest market capitalisation, the gang of four seem set to further increase that share.

Ireland’s Corporation Tax Roadmap

The Roadmap also confirms the expected timelines for the implementation of these changes.

HMRC tax yield from civil fraud investigations up 13%

The amount of extra tax collected by HM Revenue and Customs (HMRC) following investigations by its specialist fraud team increased by £300 million last year, primarily driven by an increase in civil investigations.

OECD and Norway agree new partnership to help developing countries address taxation challenges

Speaking at a Norwegian Agency for Development Co-operation (NORAD) Policy Forum, Mr. Saint-Amans said, "I am delighted we are stepping up our partnership with Norway."

Revealed: The leading tax advisers of 2018

Our list of top ten accountants features advisers from the Big Four

Pan-European tax fraud web leads to New Jersey and Dubai

A handful of conspirators teamed up to steal from European taxpayers, aided by a little-known German bank.

HMRC warns it will use social media to track down tax evaders

Criminal investigation is usually reserved for cases where HMRC needs to send a strong deterrent message or where the conduct involved is very serious.

Tax evasion referrals jump 24% for individual taxpayers

According to Pinsent Masons, HMRC could investigate 27 ‘serious’ tax evasion claims against some of the UK’s biggest businesses

Andersen Global Expands in Eastern Europe

Andersen Global already has a presence in Eastern Europe with a collaboration in Poland, and has a solid presence in the rest of Western and Central Europe.

UK Resident Non-Doms to grow in importance post-Brexit

The UK is an attractive destination for many high net worth and ultra-high net worth individuals due to the availability of high quality education, its healthcare infrastructure, culture and quality of life.

Celebrity tax avoiders don’t deserve ‘pariah’ status

Black marks blocking UK honours not always fair

Accountancy firm in 'name and shame' warning to those generating income from offshore

Campbell Dallas says those who fail to declare earnings potentially face standard penalty of 200% of underpaid taxes plus a surcharge of 50% for deliberate avoidance

OECD releases fourth round of BEPS Action 14 peer review reports on improving tax dispute resolution mechanisms

A document addressing the implementation of best practices is also available for each jurisdiction that opted to have such best practices assessed.