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

Private client looks a picture of wealth

Private client issues such as inheritance tax, wills and trusts are top of the political agenda right now, and lawyers should prepare themselves for change.

CPA Ireland Signs Partnership Agreement with Belarus Counterpart

Will promote cooperation and assistance between two organisations

HMRC non-dom crackdown set to increase under new government, says RPC

HM Revenue & Customs' increasing scrutiny of internationally-mobile high net worth individuals is likely to continue under the new Conservative government, say law firm RPC.

The tax regime under a Conservative Government by Baker Tilly

After a truly remarkable 24 hours in UK politics, my colleagues Gary Heynes, Bill Longe, Jim Meakin and I have been thinking about what the tax regime might look like under a Conservative Government.

"From red light to green, missing amber in between" by Temple Field Property

Commenting on the impact of the General Election result on residential property, Dominic Field, CEO at the London-centric boutique residential investment buying agency, Temple Field Property said:

Who’s next on HMRC’s ‘little list’? by Gary Heynes, Baker Tilly

With HMRC due to issue a new list of schemes that fall within the ‘Disclosure of Tax Avoidance Schemes’ regime, many more people are likely to find an Accelerated Payment Notice land on the doormat.

Italian Revenue Can Use Offshore Account Holder Lists

The Italian Supreme Court (Corte di Cassazione) has decided that the Italian tax authorities may use details of foreign bank accounts in their tax compliance efforts, even if the data therein was obtained illegally.

Grant Thornton Partners vote to become shared enterprise firm

This will create an environment in which everyone thinks and acts like an owner.

Bombay court stays tax claim against Aberdeen Asset

Although the amount demanded of Aberdeen is relatively small, an official at the London-listed company had told Reuters on Monday it had gone on with the challenge because it believed the claim was unfair.

British tax authority faces legal challenge on stance over HSBC

A campaign group has begun a legal process that could lead to Britain's tax authority facing a judicial review over its failure to take a tougher line with people alleged to have used accounts with an HSBC unit in Switzerland to evade tax

The proposed abolition of the non-dom tax regime – don’t panic! by Dominic Lawrance, Charles Russell Speechlys

As discussed in our previous briefing, Labour calls time on the remittance basis, Ed Miliband has announced a policy of abolishing what he called the “non-dom tax regime”, to be implemented in the event of a Labour victory in the coming electi

Apple may owe a lot of back taxes in Ireland

The company, which two years ago testified to the US Senate that it's not a tax dodger, is facing an European Commission investigation into whether tax breaks from Ireland were illegal state aid.

Hodge accused of receiving £1.5m in shares from tax haven

The head of parliament's public accounts committee (PAC) has been accused of hypocrisy after it was claimed she received more than £1.5m in shares from the tax haven of Liechtenstein

Greece to offer taxpayers a deal to get money back home

Greece is to allow money held abroad by its taxpayers to be declared without penalty and taxed at a discount rate, a move to help overcome a cash crunch threatening the country with bankruptcy.

People earning £2m more than double share of income tax to 5%

People earning more than £2m a year — a small enough group to fit into the Royal Albert Hall — more than doubled their share of income tax to 5 per cent in the past five years

Lloyds Banking Group close to selling Isle of Man-based investment and tax planning business

To an offshore specialist funded by a private equity backer

Fury as pop stars Take That have still not repaid £20million tax a year after they were ordered to

Gary Barlow, Mark Owen and Howard Donald ordered to repay £20million

10 ways to pay less tax

Here are 10 ways to keep the taxman's fingers out of your finances

Taxman gazes at rising stars of high net worth

Revenue & Customs is stepping up its scrutiny of the rising stars of sport, investment banking and entrepreneurial business

HMRC ramps up high-net-worth tax avoidance clampdown

HMRC has increased its scrutiny of potential tax avoidance among high-net-worth individuals following the launch of a specialist team