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

Swiss sign ‘FATCA on steroids’ deals with Crown dependencies

Switzerland has signed joint declarations on the automatic exchange of information (AEOI)

IPT rate changes in the EEA - TMF Group

A new year brings a raft of Insurance Premium Tax (IPT) rate changes and other new developments affecting insurance companies writing cross-border business in the EEA.

Russian Agreement Advances Hong Kong's DTA Priorities

For this purpose, we will seek to negotiate as soon as possible with those countries which have yet to sign these agreements.

VAT Newsletter - SMP Accounting & Tax Limited

2015 saw the introduction of significant changes to the place of supply for certain electronic services within the EU. Whilst the full impact of certain aspects have still to be determined the changes haven’t been as difficult as many envisaged.

Is HMRC trying to circumvent legal time limits for tax enquiries? by Mike Down

A fundamental principle of the tax system is that taxpayers are entitled to certainty over finality in their annual tax affairs. Legally, HMRC has a strict time limit, known as the ‘enquiry window’ to raise questions about a submitted tax retu

UK expats face 'double whammy' over tax affairs

The government is ready to restrict British expatriates' tax benefits in a bid to get agreement with the European Union over renegotiating the UK's terms of membership, according to press reports.

HMRC to repay tax to thousands of banking and IT contractors

Mr Craggs added that HMRC “has not grasped the human cost” faced by many recipients of payment notices, whose finances and marriages have been strained by the demands.

Greece, Germany step up fight against tax evasion

Greek tax inspectors will also receive training in Germany.

Andrew Tyrie demands banks publish balance sheets in effort to block 'challenger bank' tax

Treasury committee chairman puts pressure on Prudential Regulation Authority to capital ratios in renewed campaign against bank levy

HMRC reverses APN decision for participants in Montpelier tax scheme

Taxpayers then have 90 days to pay HMRC the fee demanded, but are not allowed to appeal the decision.

Greece, Germany step up fight against tax evasion

Greek tax inspectors will also receive training in Germany.

FG plans new tax on income over €100k after USC abolition

Fine Gael will introduce a new income levy on workers earning more than €100,000 after it abolishes the Universal Social Charge, the Irish Independent can reveal.

We DID let rich tax dodgers off the hook, says revenue boss

Dame Lin Homer admitted some wealthy tax dodgers escaped prosecution

HMRC chief: HSBC Swiss tax dodge prosecutions 'unlikely'

So far only one person has faced prosecution as a result of the investigation into HSBC Swiss bank account holders.

Why challenging the taxman isn’t appeal-ling… by Andrew Hubbard

The government is to impose fees for taxpayers wanting to appeal to the tax tribunal. The move has provoked a wave of criticism – not least because many think it is unfair that taxpayers will need to pay to challenge a decision of the state. And don

UK Tax Treaties With Croatia, Bulgaria In Force

It provides for a dividends tax exemption if the beneficial owner of the dividends is a company which is a resident of the other Contracting State

European Commission Aggressive on Tax Evasion: Apple, Amazon Beware

The European Commission told Belgium to recoup all these companies’ unpaid taxes, stating that excess-profit verdicts allowed corporations to get as much as 90% of their tax reduced.

Offshore asset holders urged to come clean over tax debts

The opportunity to reveal undisclosed overseas accounts and trusts with guaranteed immunity from criminal prosecution ended on January 1

If you need to know one thing to boost your wealth in 2016, it's this

George Osborne's often made things difficult for higher-rate taxpayers. But the looming Spring Budget could reveal his most brutal attack yet

Swiss banker settles German tax probe

The bank has said it never set up or distributed such products and Eric Sarasin has also denied that he was involved in such a scheme.