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

Death Benefit Scheme Tax Reform: How To Make It Work For You

Employers and trustees of HMRC-registered life assurance schemes are not affected by this change.

You should pay more tax. Who, me? Or you? Or them? by George Bull

Despite tax competition between countries, taxes on high-income individuals and on global corporations all seem set to rise in the medium term.

French Lower Parliament Passes Big Tech Tax Bill

The proposed tax could also spark the legislation of internet companies in other European countries.

Disputes with the taxman surge 40%

The company claims the rise is due to the taxman having access to more data about individuals.

UK's wealthiest paying half IHT rate of smaller estates - Canada Life

'Deep inconsistencies'

Tax take from 'Panama Papers' probes exceeds $1.2 billion

"While recouping the proceeds of hidden assets helps to fund vital government services, there is a growing sentiment that the enduring legacy of the Panama Papers will be its effect on behaviour and public attitudes," the ICIJ said.

Where next with the EU tax blacklist?

The EU Code of Conduct Group, which was tasked with assessing third countries, used the country-by-country financial statements of European banks

Government warned that corporate tax avoidance crackdown is ‘damaging Ireland’s competitiveness’

Big four accounting firm Deloitte warned that the government was going too far in its efforts to be seen to lead on international best practice.

Why is Ireland facilitating tax avoidance?

There is clear and growing evidence that Ireland is still acting as a “conduit”, facilitating large-scale tax avoidance.

Making Tax Digital becomes law

New digital tax system to give more than one million businesses more financial control.

Making Tax Digital has arrived

HMRC knows businesses will require time to become familiar with the new requirements.

'Thought Provoking' Tax Conference Timed to Perfection

Eleven guest speakers addressed a range of matters from transparency initiatives to tax enforcement and data privacy.

Year-end and general UK tax planning for international clients

Care needs to be taken when spending time in the UK so as not to breach the UK Statutory Residency Test rules.

How can the EU deal with Tax Evasion and Financial Crime?

The report claims that the 28 EU members aren’t putting enough effort into dealing with financial crime or tax evasion.

HMRC wins £40 million battle against tax avoidance promoters

HM Revenue and Customs has won a legal case over tax avoidance scheme promoter Hyrax Resourcing Ltd, which will help the tax authority collect over £40 million in unpaid taxes.

UK Government details scale of loan scheme tax avoidance

HM Treasury will publish a report on disguised remuneration schemes and government measures to tackle these arrangements.

'Accidental Americans' in France increase pressure on US over tax bills

Despite this they often find that they are eligible to pay tax on their global income in America because US tax eligibility is based on citizenship and not residency (as it is in most countries).

GSD says tax treaty is ‘intrusive, harmful and politically inexplicable’

“It is, once again, another bad deal which is being given the hard sell by the Government.”

Many offshore havens more compliant than the UK

There are no HMRC figures on how much tax is lost to the UK’s coffers in this way, but estimates put it in the billions.

Luxembourg tax reform for 2019: Part II

For a Luxembourg company with profits exceeding EUR 200,000, the aggregate tax rate will decrease to 24.94%[1] from 26.01%.