10/11/2024
The previous system charged a wealth tax on a broader range of assets, including savings accounts, investment products, vehicles, jewellery, and art.
10/11/2024
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.
10/10/2024
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.
10/09/2024
The government really needs to start thinking about the consequential impact.
10/08/2024
But there is still speculation that Reeves may either reduce the tax-free cash limit or making pensions subject to inheritance tax
10/07/2024
Alternative Hubs Weighed Due to UK Tax Changes
10/02/2024
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.
09/27/2024
It’s not the message itself (which is no surprise to the well informed) but the identity of the messenger.
09/27/2024
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
09/26/2024
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
09/26/2024
In other words, a low-tax jurisdiction for one person may not be a tax haven for another.
09/26/2024
There is speculation it could be a target in the Budget on 30 October
09/20/2024
The latest figures from HMRC reveal that inheritance tax (IHT) receipts climbed to £3.5 billion in April
09/20/2024
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.
09/13/2024
The poll also showed that 91% of advisers have recommended single premium bonds
09/10/2024
The bank says it surpassed £500 million in customer deposits in August this year and has now over 4,500 clients of its clearing and commercial banking services.
09/09/2024
Investors using the SEIS get up to 50 per cent income tax relief and 50 per cent capital gains tax relief, while any gains are also tax free.
09/06/2024
Lucas, who has shares in CVC worth about $640 million according to LSEG data, said that he was not concerned about the prospect of staff moving due to any tax changes
09/02/2024
HMRC is targeting households as part of a crackdown
08/29/2024
Taxes should be higher on expensive properties, he added, and on inherited assets, which it said accounted for 60% of private wealth in the UK.