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

Partially VAT exempt businesses can vary their recovery method

The brief outlines some of the detail around submitting a variation request to HMRC by email and what evidence is needed to support the position.

SJP: Tax year-end: financial tasks to complete before 5 April

As we ease out of lockdown, opportunities to invest before the end of the tax year shouldn't be ignored.

Weekly Tax Brief - Tax day special

Efforts by government to engage with taxpayers – both individuals and businesses – as well as professional advisers and other interested parties are always welcome.

How will the Portuguese budget impact expats?

UK’s exit from EU means Brits may no longer be able to take advantage of previous benefits

Tax allowances ‘only going to get worse’ as thresholds decrease by 11 per cent in last decade, says Quilter

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.

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

Odey Asset Management loses executive pay tax battle

Hedge fund said deferred plan was response to regulatory pressure after financial crisis

Weekly Tax Brief - 22 March 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.

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.

Luxembourg Under International Scrutiny Following Tax Haven Accusations

Scandals like the Panama Papers, which connected European shell companies to criminal activities, tax fraud, and money laundering schemes around the world.

Big tax hike for Italian residents with UK property

‘Bad surprise for all investors’ and for the ‘attractiveness’ of the British market

What 'tax day' could have in store for advisers

Advisers may still have to navigate tax reforms which are introduced to pay for the Covid crisis.

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.

HMRC, a keen follower of social media influencers

When considering whether an individual is subject to UK tax on their income and gains

Platform for Collaboration on Tax Launches Tax Treaty Negotiations Toolkit

The design of the toolkit allows regular updates and improvements based on the feedback from users and experienced negotiators.

Weekly Tax Brief - 9 March 2021

HMRC currently has the power to issue third party notices to banks and other financial institutions

London's wealthy are bolstering the stamp duty bill

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.

UBS French tax evasion appeal: what's at stake

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.

How to reduce your Capital Gains Tax bill

How Capital Gains Tax works, and how to check you’re not paying unnecessary tax on your profits

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