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Tax

11/09/2018

KPMG forced to clean up its act as Big Four accountancy firm halts working as auditor for top British companies

It comes amid intense scrutiny of the industry following high-profile company collapses, such as at construction giant Carillion and former retailer BHS, which have damaged public trust in the audit process.

11/09/2018

ABN Amro: No tax dispute with Germany over "dividend stripping"

In a statement, ABN said “no provision has been taken anymore for tax risks” in the case.

11/08/2018

French fund manager Carmignac Gestion probed for tax fraud

Investigation concerns how some executives were paid through a Luxembourg unit

11/08/2018

Smith & Williamson Advises on £5.5M Technology Deal

The transaction was led by Iain Lownes, partner and corporate finance director, and Paul Stagg, Senior Manager, at Smith & Williamson.

11/08/2018

Aviva's platform clients face taxman's wrath

The self assessment tax deadline is 31 January.

11/08/2018

UK renews crackdown on offshore tax evasion

This legislation is expected to come in the 2018-2019 finance bill, according to the budget.

11/07/2018

Budget 2018 – Key highlights for international clients

We have pulled out a few of the key highlights for our international clients and their advisors, along with a recap of some of the major changes coming up in 2019 and 2020.

11/07/2018

EU tax haven blacklist drops to five as Namibia removed

The EU wants the BVI to show it has economic substance by ensuring the taxes it collects within the financial services sector were generated through real economic activity in the territory.

11/06/2018

EU plan to tax Facebook, Amazon heads for Brussels showdown

Spearheaded by France, the plan has met resistance from countries such as Ireland and Sweden, which question the wisdom of the EU going it alone given the global nature of digital services.

11/06/2018

Incoming Barclays chairman called out on tax avoidance

Higgins invested in two film tax schemes whilst being an investment banker at Rothschild & Co.

11/06/2018

UK hikes ‘death taxes’ with new probate system

Parliamentary Under Secretary of State for Justice Lucy Frazer QC MP, provided an update on probate fees today

11/05/2018

Crown dependencies to comply with EU tax regulation

Guernsey and Isle of Man join Jersey to avoid EU tax haven blacklist

11/05/2018

‘Staggering’ case of banker tax fraud has Danes pointing fingers

Someone should have raised a red flag

11/02/2018

HMRC apologises for delay in correcting death benefits tax

HM Revenue and Customs has finally corrected the issue in its reporting system, which was causing beneficiaries to be incorrectly taxed on their death benefits.

10/30/2018

U.K. Government Refreshes Its Crackdown on Offshore Tax Evasion

In addition, the Panama Papers cited almost 2,000 U.K.-based intermediaries that helped individuals or entities to evade tax.

10/30/2018

Tech giants to face digital services tax

The Budget has announced a Digital Services Tax.

10/30/2018

Government to crackdown on tax avoidance

The package will raise £2.1 billion by 2023/24.

10/29/2018

We don’t want billionaires’ charity. We want them to pay their taxes

Rather than philanthropy, the super-wealthy should give their money to governments that know better how to spend it

10/26/2018

Draft regulation addresses requirements under new “horizontal monitoring” procedure

Horizontal monitoring involves ongoing communications with the tax authorities to discuss and resolve issues in lieu of a standard tax audit, thus giving taxpayers more certainty.

10/25/2018

HMRC wins £79m tax avoidance case against Goldman Sachs

Her Majesty’s Revenue & Customs objected the structure, and has now issued a £79m bill following a Court of Appeal ruling this month.

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