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

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

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.

Budget 2021 analysis

The chancellor prioritised restoring the economy, but his planned tax moves will go some way to filling the hole in the government’s finances.

UK Budget 2021 – The Stamp Duty Land Tax Question

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.

MEPs seek to strengthen list of tax havens

But what does this mean for advisers and their clients?

Weekly Tax Brief - 1 March 2021

The Chancellor has said that “it is now much harder to justify the inconsistent contributions between people of different employment statuses.”

Budget 2021: Taxing Questions

Ahead of chancellor Rishi Sunak’s first post-pandemic budget, we look at changes to the UK tax regime being considered by the government, and the practical steps investors might consider in the meantime