09/07/2018
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
Tax
09/05/2018
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.
09/05/2018
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.
09/04/2018
Celebrity tax avoiders don’t deserve ‘pariah’ status
Black marks blocking UK honours not always fair
09/04/2018
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
09/03/2018
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.
09/03/2018
Financial system risk is elevated and global standards are essential in managing cross-border infrastructure investment
The report says the financial outlook will also be shaped by China’s ability to manage risks relating to high indebtedness and leverage in its banking, shadow banking and wealth management industries.
08/31/2018
UK’s worst tax break in the firing line
Business sale windfalls – a key source of liquidity events for IFAs – could be clipped
08/29/2018
HMRC tells Brits to declare overseas earnings in tax evasion crackdown
"We will continue to relentlessly crack down on those not playing by the rules,” Stride said.
08/29/2018
British taxpayers in Spain: September 30 deadline to declare offshore earnings
The most common reasons for declaring offshore tax are linked to foreign property, investment income and moving money into the UK from abroad.
08/28/2018
Ingenious ordered to pay almost £50m in back taxes
Both HMRC and Ingenious claimed victory in a four year court battle in 2016
08/27/2018
Do you have an unforeseen exposure to UK inheritance tax?
To avoid their worldwide assets falling within the scope of UK inheritance tax, that individual would need to cease being UK tax resident during their fourteenth year of residence in the UK.
08/24/2018
HMRC in fresh warning to overseas bank account holders
Information about penalties and other sanctions, ways of making a correction under the RTC rules and information you must supply when making a disclosure that no tax is due have been updated.
08/22/2018
EU backs Gibraltar’s tax transparency measures
The EU Commission says Gibraltar’s financial services industry is not ‘harmful’ to other EU tax regimes
08/20/2018
Quilter calls for rethink of IHT nil rate band
The OTS is currently reviewing submissions to a consultation into inheritance tax and expects to publish its report in Autumn 2018.
08/16/2018
UK taxman does Monaco roadshow in tax avoidance crackdown
HM Revenue and Customs is doing a roadshow in Monaco to raise awareness of two major changes to UK tax legislation.
08/10/2018
Britain’s richest person & Brexiteer quitting UK for Monaco to save tax on £21bn fortune
The impending move for Britain’s wealthiest person will no doubt come as a surprise, particularly to fellow ardent Brexiteers
08/09/2018
How ex-pats could still be hit by a HMRC tax bill
Understand the complexities of a client's tax position if leaving the UK
08/08/2018
Andersen Global Expands in Europe
The firm advises companies and public institutions in all areas of business.
08/08/2018
The rise of the bean counters
Veteran consultant Andrew Wileman reviews Richard Brooks' book Bean Counters: The Triumph of the Accountants and How They Broke Capitalism.