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

IHT investigations grow, recovering an extra £246m

HMRC’s investigations are becoming increasingly complex, particularly when it comes to residential property.

Offshore bonds see resurgence in interest from advisers ahead of tax changes

Standard Life said in December it expected trusts and onshore and offshore bonds to increase in popularity with advisers

More families setting up trusts to avoid inheritance tax

A freeze to the tax-free threshold, which has been fixed at £325,000 since 2009 and will remain there until 2030, has dragged more estates into paying inheritance tax.

Nearly 45,000 UK properties worth £190bn lack ownership data

The analysis identifies several methods being used to obscure ownership. In some instances, overseas entities failed to register at all.

How to maximise your allowances before the end of the UK tax year

With the end of the tax year on 5 April 2026 approaching, now is the perfect time to review your finances.

HMRC refunds £46m in tax overpayments to pensioners in Q4 2025

HMRC has taken steps to accelerate repayments, but the figures make clear that the core issue remains unresolved.

Lords warn current pension IHT rules risk chaos for executors

That would be deeply unfair and risks turning an already demanding role into a costly and stressful exercise.

Capital Gains Tax receipts for 2025 fall 8.4% to £13.65 billion

HM Revenue and Customs data released today showed that Capital Gains Tax receipts for 2025 were £13.646 billion, down from £14.900 billion in 2024 – a fall of 8.4 per cent.

UK government rakes in £6.6bn from IHT in nine months

Budget policies are expected to push the IHT take to £14.5 billion by 2030-31

Soaring tax relief bill puts pensions and ISAs into policy spotlight

"The reality is that pension tax relief has become more valuable, and more expensive, with every year of frozen thresholds.

Trustees and UK tax disputes: navigating increased HMRC scrutiny

This increased visibility gives HMRC greater opportunity to identify discrepancies and challenge historic planning.

Zurich Adapts Transfer Pricing Practice for the Asset Management Industry

The purpose of transfer pricing is to ensure that the various functions performed within a group are appropriately compensated, taking into account the risks assumed and the assets employed.

Burges Salmon re-launches tax residence tool as a web-app ahead of non-dom regime change

At their fingertips, users get instant results to test past residence for completed tax years, plan future tax-residence and access easy-to-follow flow chart and glossary of terms, with all information also being emailed directly to the user.

100k+ earners could miss out on £255,000 in pension tax relief

Reclaiming pension tax relief can add up to £160k or £128k over 20 years for additional and higher rate taxpayers on a £10,000 contribution at 5% growth, with contributions increasing by 2% per year

Scottish Budget: income and wealth tax changes explained

Scottish taxpayers face different rates and bands of income tax for most of their taxable income.

HMRC reveals fiscal drag to push 35,000 more families into the Child Benefit tax charge

The projected increase of roughly 35,000 reflects the drag of frozen tax thresholds and static benefit parameters against rising nominal incomes.

It’s Official: Italy Raises Its Flat Tax to €300,000

Marco Mesina breaks down Italy's new €300,000 flat tax and why ultra-z

What UK expats need to know about tax post-Autumn Budget

People who work abroad need to be aware of what constitutes a non-resident.

State pensioners face 'two-tier' income tax rule from HMRC next year

A two-tier system has been mooted for retirees solely on new state pension and those on private schemes.

Tax receipts provide little Christmas cheer for households but IHT tax take does slow

These figures will certainly bring some Christmas cheer to the Treasury even if it represents a nation paying ever more tax.