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

Why Britain’s punitive tax system risks deterring Middle East property investors

Experts say rising tax rates make residential homes less attractive to wealthy foreign buyers

Record CGT take just a start as speculation remains about reform

This was cut recently to £1million from £10million in the March 20 budget so this will also contribute to future increases.

Record CGT take just a start as speculation remains about reform

This was cut recently to £1million from £10million in the March 20 budget so this will also contribute to future increases.

Tax Justice Network chair and its senior adviser quit in 'disenchantment' row

There now appears to be no one working at or advising TJN who has ever worked in tax, or accounting, or financial services.

HMRC closes unit set up to investigate family investment companies

Authority finds no evidence that the wealthy used FICs for tax avoidance

HMRC shutters one dedicated tax avoidance investigation unit

It had been tasked with assessing family investment companies

Don’t jeopardise tax reliefs through a lax approach to grazing lets

Despite APR being a generous relief, it only removes from inheritance tax (IHT) the agricultural value of the land, and it is often the case that land has hope or development potential which would still be exposed to IHT.

UK proposes new tax regime for fund asset holding companies

The government issued a second consultation on the proposals in December and has now set out the plans for reform in draft legislation, a policy paper and a consultation response document.

How your cryptoassets will be taxed in the UK

This means that investors found to be evading tax bills may incur severe penalties – further evidence for why getting your cryptoasset taxes in order is crucial.

Maltese trusts – an attractive estate planning tool

Whilst the main aim behind Malta’s adoption of the trust is the offering of a further tool for estate planning, protection and security, from an international perspective, a trust with a Maltese trustee, whether individual or corporate, may also pro

French tax: Inpatriates regime provides tax exemptions

This includes employees and directors who are posted or made available as part of an intra-group transfer, for instance, from a foreign parent company to a subsidiary based in France.

Increased IHT tax take shows nil rate band freezes are working

HMRC could not accept paper cheques at the height of Covid-19, and with digital tax still not where it needs to be, we are now seeing these payments being processed as normalities return.

Man Utd and Newcastle in HMRC tax probe as it nets £464m from football world

The UK's HM Revenue & Customs clawed back around £464m from football players, clubs and agents after a six-year probe into the sport, the Daily Mirror has reported today (29 July).

Taxpayers may not need to pay HMRC

“As the 2019/20 UK tax returns were not – in the main – impacted by the Covid Lockdown, many self-assessment taxpayers may find that their 2020/21 income is much lower than their earnings for 2019/20."

ESC B18: limitations to the tax credit available for UK beneficiaries of non-UK resident trusts

As for UK resident beneficiaries of non-UK resident trusts

Global tax guide to doing business in...

The complexities and intricacies of navigating different tax systems has proven to be a challenge for multinationals that operate in more than one country.

Tax authorities ask Germany for data of Maltese with offshore Dubai accounts

Malta is on the hunt for international tax dodgers

Tax Espresso – Special Alert

Global Minimum Tax Frequently Asked Questions (FAQ)

UK proposes new tax regime for fund asset holding companies

The government issued a second consultation on the proposals in December and has now set out the plans for reform in draft legislation, a policy paper and a consultation response document.

Proposal for a 15% minimum corporate tax rate by the G7

This initiative has successfully culminated in changes to tax treaties and domestic legislation across a large number of countries since 2016, promoting a fairer international tax system.