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

Investment could be blown off course as government mulls renewable windfall tax

This could result in a step backwards in our transition towards a greener future and impact jobs in what is still a developing industry.

Rise in full pension withdrawals triggers tax warning

Over 10,000 pots were accessed without advice in the last financial year

Bahamas back on EU tax haven blacklist

The island nation was blacklisted along with neighboring Caribbean jurisdictions Turks and Caicos and Anguilla, the latter of which had also previously been removed from the list just one year ago.

Offshore corporates in HMRC’s sights

Nudge letters are part of HMRC’s ongoing ‘upstream compliance’ effort; a method by which they encourage taxpayers to proactively correct their affairs without the need for direct HMRC intervention.

VAT and the Travel Industry – UK and wider developments

With travel picking up again following the pandemic, now is a good time to think about how the VAT world has changed, what this means for your business and the further changes that may be coming down the line.

Changes to the definition of bank: the evolution of taxation in the financial sector

Although presented as a routine update, the changes widen the range of financial services companies that will need to consider the tax definition of a bank.

Chancellor scraps 45p income tax change in ‘embarrassing’ U-turn

The plans to get rid of the tax were announced in the “mini” Budget last month.

Deloitte Switzerland reports eight per cent growth and further increases its sustainability and technology focus

With the appointment of heads of sustainability and technology to the Swiss Executive Group, a wider talent base and a strong first quarter, Deloitte Switzerland is well equipped to achieve double-digit growth in the current financial year.

Budget 2023 – Ireland | Tax Highlights from Walkers

Set against this backdrop, Ireland's Budget 2023 was presented as a "Cost of Living Budget" to support individuals, families and businesses to deal with rising prices.

Mini-budget: Tax cuts and sterling

With new Chancellor Kwasi Kwarteng cutting taxes left, right and centre, here’s what it could mean for investors.

Saltus: Nearly 80% of HNWIs weren’t asking for tax cuts

Prior to Friday's Budget, nearly 80% of wealthy individuals said in a survey that they were paying the right amount or not enough tax.

Implications for peoples’ personal finances from Friday’s mini-Budget – Standard Life

Recent research we conducted suggested 49% had expected to be able to save less over the next few months and the price cap will hopefully help more people to balance the books.

Businesses with tax haven links ‘won one in six’ public procurement contracts

Labour says ‘Tory procurement racket’ results in ‘billions of taxpayers’ money handed to offshore cronies’

Truss vows ‘decade of dynamism’ in hint at more tax cuts

The Prime Minister and Chancellor Kwasi Kwarteng defended their controversial raft of tax cuts amid accusations they mainly benefit the rich.

Global bonds tumble as UK tax cuts deliver fresh headwinds

The UK government’s package of tax cuts and regulatory reforms spurred 5-year gilts to slide by the most in at least 3 decades on Friday after its release.

Spain to apply a new tax on the rich from 1st January

t will affect around 1% of the population and will be a temporary measure, such as those on the energy companies and banks.

Spain's Andalucía abolishes wealth tax with immediate effect

Spain's Andalucía province has announced the immediate abolition of its wealth tax for residents and second homeowners in the region.

Mini Budget 22: Kwarteng cancels corporation tax hike

Remains at 19%

Income tax cut and NI reversal a major boost to higher earner pay

The amount of Income Tax paid by UK taxpayers has almost doubled in the last 20 years

IHT receipts up 11% to £2.9bn

Under UK law, inheritance tax is paid at 40 per cent on assets valued above a certain threshold.