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

Tariffs could force multinationals into costly year-end true-ups

Many companies are still selling pre-tariff inventory or passing partial costs onto customers, while others are absorbing losses until comparables data become available.

Russia to remove UAE from tax haven blacklist Jan 1

The new agreement regulates the procedure for taxing the profit (income) of all residents of the two countries, and stipulates tax rates at the source of no more than 10%, applicable to income in the form of dividends, interest and royalties.

One in eight business chiefs set to leave UK over tax burden

Among those planning to relocate a third (33%) said they will also move their business abroad, with another third looking to move as individuals, while the rest plan only to move their businesses.

Wealth industry slams ‘reckless’ 20% ‘exit tax’ proposal

Reeves is understood to be considering the “settling-up charge” on business assets left in the UK as part of this month’s Budget, as she attempts to fill a multibillion-pound hole in the nation’s finances.

P1 Platform halves pension drawdown fee and lowers minimum charges

At the same time, the platform’s minimum account fee will drop from £5 to £2 per month.

UK sees sharpest fall in millionaire numbers as tax reforms drive wealth abroad

Astons’ study, based on the Global Wealth Report 2025, examined the annual change in millionaire numbers across global markets.

‘Reckless and self-defeating’: Leading wealth manager slams possible exit tax

They’re redirecting capital to economies that reward ambition and provide stability.

Eight in ten savers say tax uncertainty is hurting their financial planning

The findings come ahead of a highly anticipated budget expected to include a raft of tax changes.

Federal Council adopts dispatch on double taxation agreement with Zimbabwe

The agreement will create legal certainty for the further development of bilateral economic relations and tax cooperation between the two countries.

Exit tax explained: advice for UHNWs ahead of Budget 2025

Chancellor Rachel Reeves is considering an exit tax for wealthy individuals leaving the UK - here's everything you need to know

Autumn Budget 2025: What NIC changes could mean for professional services firms

Such a move could have significant implications for professional practices, including those in the financial services sector.

UK weighs 20 per cent exit tax on wealthy emigrants

The measure could generate around £2 billion in additional revenue

Funding Inheritance Tax: Why Whole of Life Insurance Might Outshine Pure Investment Strategies

If you have surplus regular income, a whole of life policy can allow you to fund a guaranteed sum to cover your IHT exposure — helping your beneficiaries retain the full value of your assets.

Pension tax refunds hit nearly £50m in Q3 as thousand overpay tax on withdrawals

While the change in value is modest, the rise in reclaim activity highlights the ongoing scale of the issue and the need for further reform to prevent over taxation in the first place.

Government has potential to boost investment and build financial resilience, but must deliver pension confidence through tax stability in Budget

To enable this, it is essential that government delivers certainty around pension tax policy, so that people can plan for their retirements and have the confidence to invest.

Tax