11/04/2019
HMRC targets offshore fund holders
HMRC is chasing almost £2bn that is potentially owed in taxes by the UK's richest people, according to the public spending watchdog.
Tax
11/04/2019
HMRC defeated in latest IR35 case
It is designed to crack down on workers supplying their services to clients through an intermediary
11/03/2019
HMRC ‘doesn’t have time’ to investigate offshore account tip-offs
So much information is flowing into HMRC that it relies on speculative letters to taxpayers
11/03/2019
As election fever escalates, keep calm and secure your tax allowances
With the news that there will be a snap General Election, these are uncertain times for the UK. Regardless of what happens next, we believe the best course of action for long-term investors is to keep calm and make the most of their valuable tax allowance
11/03/2019
Finnish tax policy creating a class of super rich
Finland is seeing the growth of the super rich, whose lightly-taxed capital income far outstrips other groups' earnings.
11/03/2019
Ousted auditor says he got too close to secret Vatican accounts
Libero Milone believes his probe into huge sums held ‘off the books’ led to his removal
11/01/2019
2017 UK Inheritance tax changes: not all is lost!
A major consideration in this type of planning is the availability of Treaty relief, which is too often overlooked.
10/30/2019
U.K. Tax Authority and Tax Fraud Investigations
HMRC has the power to issue a disclosure notice to a person or business who they believe has information relevant to an investigation into tax fraud.
10/29/2019
Threat to “name and shame” aggressive tax dodgers fails to bite, new stats show
Companies could be named and shamed, or have a strict liability for any inaccuracies in their tax returns.
10/28/2019
Ex-Formula One boss Bernie Ecclestone, 88, is set to settle his record £1BILLION tax demand with HMRC after a 20-year battle
Trust set up by his wife is believed to have raised £3billion from selling F1 stakes
10/25/2019
Half of the wealth in Cyprus and Malta kept offshore: EU report
Offshore holdings, although in many cases completely legal, could help taxpayers hide taxable money and cut their bills if they stash their savings in low-tax jurisdictions.
10/23/2019
Life companies seek fund industry help with tax charge
Risk that billions could be withdrawn from UK property funds by Christmas
10/23/2019
OECD proposals will shift taxable profits away from tax havens and back to customer countries by George Bull
The OECD has published new proposals for taxing international consumer-facing businesses.
10/22/2019
EU Council Confirms Mauritius as Compliant with EU Tax good Governance Principles
On 10 October 2019, the Economic and Financial Affairs Council of the European Union (EU Council) confirmed that Mauritius complied with the good governance tax principles of the European Union (EU).
10/22/2019
Rich Russians Demand New Tax Breaks
Business owners want a European-style tax system.
10/21/2019
Dealing with Italian società semplici in a UK tax context
Most Italian domiciliaries become alert to international estate planning once they become UK deemed domiciled for inheritance tax purposes.
10/21/2019
Taxes on polluting fuels are too low to encourage a shift to low-carbon alternatives
Taxes on road fuel are relatively high yet rarely fully reflect the cost of environmental harm, especially with some road transport sectors offered preferential rates.
10/21/2019
UK government pays millions to firms that use tax havens
Report from thinktank Demos finds that 24 out of 35 ‘strategic suppliers’ operate in offshore jurisdictions
10/18/2019
Italy’s tax treatment of cryptocurrencies: The risks and opportunities
This keeps crypto-assets fixed in the attention of investors and experts.
10/18/2019
Maltese offshore wealth estimated at around €5.2 billion
The estimated offshore wealth doubled from €2.3 billion to €5.2 billion between 2011 and 2016