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

Austria given reprieve as EU widens crackdown on tax cheats

Bank secrecy is dead

A Popular Irish Corporate Tax Loophole Is Now Dead — Here Are Three Other Loopholes

The Irish have officially killed the much-loved corporate tax loophole known as the "Double Irish."

Bank account data exchange backed by EU

OECD standards of tax transparency for accounts to be written into EU law in Luxembourg

Only the 'very wealthy' should pay inheritance tax, says Cameron

The Prime Minister told a gathering of pensioners and older workers that people should be able to pass their family home to their children

Italy and Swiss ministers clash over failure to reach tax accord

Italian and Swiss ministers clashed on Monday over the failure to reach an agreement aimed at fighting tax evasion that foresees Switzerland opening up its bank databases to Italian tax authorities.

Revenue & Customs set to miss target for prosecution of tax evaders

Tax authority set a target of 1,165 people a year by 2014/15, but analysis of the last tax year shows it prosecuted just 795

Controversial tax laws have brought Ireland the only prosperity it’s ever known

U2 singer says capitalism and commerce play a vital role in lifting people out of poverty and that Ireland’s tax policies benefit the country’s economy

Non-dom Luxury Home Buyers Hit By Surprise 45% Tax

Chancellor George Osborne changed the rules earlier this year. - See more at: http://www.iexpats.com/luxury-home-buyers-hit-surprise-45-tax/#sthash.XRfNvX5p.dpuf

'Block HMRC from raiding bank accounts after errors'

Following Telegraph disclosures, experts demand taxman is relieved of power to take money directly from savers' accounts

Charities SORPs by Nick Sladden National Head of Charities, Baker Tilly

How the new accounting rules affect aspects of your charity.

Is social investment on your agenda? by Nick Sladden National Head of Charities, Baker Tilly

Social investments have been growing more popular in the sector, with some organisations pioneering the creation of different social investments over the last few years.

HMRC – your Facebook friend? by Andrew Hubbard, Baker Tilly

Facebook – a great way to share all the latest news and photos with your friends and family. But changes to the way that HMRC communicates with the public could see you getting a ‘poke’ from the taxman sometime soon…

Millions face tax rises or 'derisory' state pension, report claims

A think tank says money to pay pensioners will run out next year after discovering a "flaw" in the national accounts

French PM says millionaires' tax won't be renewed

Also today: why World Bank staff are happy a senior executive is giving up his bonus.

EU opens tax evasion probe on Amazon

Commission expands ongoing investigation

Norway to Spend More Oil Wealth, Cut Taxes

The budget was the first for a government made up of the Conservatives under Prime Minister Erna Solberg and their allies in the Progress Party under Ms. Jensen, who won elections last fall.

Russia to exclude Malta from blacklist of offshore jurisdictions

The Russian Finance Ministry has drafted a decree that will exclude Malta from the blacklist of offshore jurisdictions, according to the Russian news agency Tass.

Indian, Swiss tax authorities expected to meet over controversial 'HSBC list'

New Delhi wants to exert pressure on the Alp nation following a pact between the world's key economies, G20, for sharing information on bank accounts and tax offenders.

Cheshire-based wealth management firm plans AIM portfolio to reduce IHT costs

This means once they have been held by an investor for a minimum of two years, they are exempt from inheritance tax.

HMRC team targeting wealthy expat City workers boosts additional tax take by 27%

HMRC expected to step up investigations into highly paid City workers