03/23/2021
Research by Quilter has found that over the past decade, the main tax allowances and thresholds have decreased by an average of 11 per cent.
03/22/2021
Tax allowances ‘only going to get worse’ as thresholds decrease by 11% in last decade
Quilter warns individuals to make use of tax allowances now before they became more punitive in subsequent tax years
03/22/2021
Odey Asset Management loses executive pay tax battle
Hedge fund said deferred plan was response to regulatory pressure after financial crisis
03/22/2021
Under current rules, where a VAT-registered business buys in services from outside the UK, it must charge itself UK VAT under the reverse charge procedure.
03/18/2021
Spain to take Gibraltar off tax haven list after treaty enters into force
The agreement also seeks to reinforce cooperation and information exchange to prevent the British Overseas Territory from becoming a magnet for Spanish tax evaders.
03/18/2021
Scandals like the Panama Papers, which connected European shell companies to criminal activities, tax fraud, and money laundering schemes around the world.
03/18/2021
‘Bad surprise for all investors’ and for the ‘attractiveness’ of the British market
03/18/2021
Advisers may still have to navigate tax reforms which are introduced to pay for the Covid crisis.
03/17/2021
Which is more tax-efficient: pensions or ISAs?
Chancellor Sunak’s planned tax hikes make effective use of tax shelters for your money even more important.
03/17/2021
HMRC, a keen follower of social media influencers
When considering whether an individual is subject to UK tax on their income and gains
03/12/2021
The design of the toolkit allows regular updates and improvements based on the feedback from users and experienced negotiators.
03/10/2021
HMRC currently has the power to issue third party notices to banks and other financial institutions
03/10/2021
Such properties, according to these estate agents, are therefore in high demand and currently tend to come with a much higher price tag of £1m and above.
03/09/2021
A main pillar of the bank’s defence is that it was complying with the tax regulations of the day – the European Union Savings Directive, which did not compel banks to hand over client data to other countries.
03/09/2021
How Capital Gains Tax works, and how to check you’re not paying unnecessary tax on your profits
03/05/2021
Cyprus Tax authorities extend the imposition of penalties for late submission on DAC 6
The Tax Department will not begin imposing administrative fines until 30 June 2021
03/05/2021
Budget 2021: Non-doms can rest easy for now
The definition of ‘residence’ for the purposes of these rules also differs to that for other UK taxes, which could result in some anomalies.
03/04/2021
The chancellor prioritised restoring the economy, but his planned tax moves will go some way to filling the hole in the government’s finances.
03/03/2021
The introduction of the so-called ‘stamp duty holiday’ has brought about a sharp increase in housing market activity and a corresponding rise in house prices.
03/03/2021
But what does this mean for advisers and their clients?