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

Will Labour’s inheritance tax revamp be a tax grab or genuine reform?

Yet more reports are now suggesting that the government is planning to increase the amount of money it raises in inheritance tax

Almost half of business owners would consider leaving UK if Budget delivers tax blows

The UK-wide survey of 500 business owners with turnovers of £5m upwards reveals that nearly half (48%) would consider moving their businesses abroad if tax changes on October 30th were clearly unfavourable.

Chancellor mulls CGT rise on sale of shares, but second homes to be excluded

Without a delay before implementation, higher CGT rates might encourage individuals to hold onto their assets longer

Removing IHT tax break on AIM stocks ‘might make it unfit for purpose’

The AIM is a sub-market of the London Stock Exchange that is designed to help smaller companies access capital from the public market.

Less offshore secrecy is central to any boost from wealth taxes

A UK transparency levy would kick-start global efforts to make it harder to conceal business ownership and beneficiaries

WMs warn Labour not to dent small-cap momentum with Budget tax tinkering

Concern is growing that the government could damage the UK small-cap story by tinkering with business relief in its Budget.

France Wealth Tax Charges Explained: How to Budget for Your Tax Liabilities as a Foreign National Resident

The previous system charged a wealth tax on a broader range of assets, including savings accounts, investment products, vehicles, jewellery, and art.

Industry responds as UK chancellor considers raising CGT to 39%

Unless there is a delay before implementation, increasing CGT rates would likely only incentivise people to hold assets for the long term rather than result in a quick and immediate increase in revenue.

Tax havens continue to facilitate theft out of developing countries

We also reported that among the countries that vetoed the initial proposal in November 2023 – and lost to the majority who voted in favour of it – were the US, UK, and all EU member countries.

Potential pension tax cut will spark fear and uncertainty among NHS workers

The government really needs to start thinking about the consequential impact.

UK pension tax relief to remain untouched in forthcoming Budget, says report

But there is still speculation that Reeves may either reduce the tax-free cash limit or making pensions subject to inheritance tax

London Luxury Real Estate Suffers Under Tax Fears

Alternative Hubs Weighed Due to UK Tax Changes

The legal framework for the United States and United Kingdom cross-border tax compliance

Under the treaty, various types of earnings, such as dividends, interest and royalties, are charged only in the country of residence or at reduced rates in each location.

Labour crackdown on non-doms may raise no money says Guardian report

It’s not the message itself (which is no surprise to the well informed) but the identity of the messenger.

Non-Dom Reforms: Activity over the summer and next steps

A summary of some of the points we have raised during HM Treasury’s ‘summer engagement’ programme and a quick look at what’s next

New regime, new taxes?

From the magazine: with Labour now in charge, the experts in the 2024 Spear’s Tax Survey are preparing themselves – and their clients – for change

Where are Europe's top tax havens - and how are they luring in the rich?

In other words, a low-tax jurisdiction for one person may not be a tax haven for another.

Will capital gains tax increase in the UK Budget?

There is speculation it could be a target in the Budget on 30 October

IHT receipts hit £3.5bn as rumours of tax changes build ahead of October budget

The latest figures from HMRC reveal that inheritance tax (IHT) receipts climbed to £3.5 billion in April

Britain's ultra-wealthy are threatening to exit en masse ahead of proposed tax changes

They're just a few of the destinations trying to lure away the U.K.'s uber wealthy ahead of proposed changes to the country's divisive non-dom tax regime.