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

HMRC denies letters amount to bullying

We are writing to customers where HMRC has information that shows they have an account or investment overseas

EU Urges Switzerland To Secure Tax Reform's Passage

The European Council called for "a swift enactment of the reform."

Romania finmin says eyes solution on bank tax to dispel fears

Teodorovici told reporters the new measures could include fiscal amnesty, ways for banks to finance the private sector, a “radical” reduction of deadlines for receiving permits and approvals.

Podcast: Credit Funds: Withholding Tax on European Investments

Withholding tax has long been the most significant local tax issue on European lending transactions.

UK middle-income earners ‘sucked into tax schemes’ confess

Research finds St Albans, Edinburgh and Slough are top three for individuals admitting unpaid tax

UK tax avoidance mapped

According to UHY Hacker Young postcodes with high numbers of disclosures were those with wealthier residents and more complex tax affairs

UBS's 5.3b euro gamble in France tax case: deal or no deal?

The danger for UBS and financial prosecutors, but also other companies under investigation in France, comes down to the bet on going to court or pushing for a deal.

PwC considered quitting Ineos over Monaco tax move

Sir Jim was ranked the richest person in the UK last year, with a fortune of £21bn. Currie and Reece each own 20% of the Ineos.

Ryanair pilots fly into £3.2bn tax storm

Airline captains are among 50,000 workers facing huge bills. But MPs say the Revenue is chasing the wrong culprits

Dow Schofield Watts Launches New Tax Consultancy Arm

DSW Tax Consulting is one of a number of specialist tax services offered by Dow Schofield Watts, including private client tax, VAT and tax resolution for those in dispute with HMRC.

Government reveals cost of thawing half a million expats' frozen state pensions over next five years - £3bn or 0.3% of its pension budget

However, this average cost of just over £600million a year over the next five years is just 0.3 per cent of the £165.8billion total the UK Government spent on pensions in the last financial year.

Tax regime that favoured multinationals was not illegal state aid, says EU court

The system angered local companies, who pay tax on all profits and cannot export a share, meaning they pay a greater share than international companies.

HMRC warns advisers misunderstood tax guidance

It effectively meant clients were paying advisers for a service they did not need.

Britons at a loss when it comes to property inheritance tax

The lack of knowledge extends beyond property to other assets.

Why HMRC is looking Down Under for loan charge settlements

The aim of every tax jurisdiction is to get its hands on the money as soon as possible – ideally before it has reached an individual’s pockets.

Investments trusts: keeping it in the family

Caledonia Investments has strong momentum and is trading at a discount

New Italian tax regime for retired people abroad

The Italian legislator set forth a new regime reserved to retired people resident abroad and receiving pensions sourced outside Italy

Russia Considers Getting Rid Of Gold Tax To Boost Investment

The Finance Mistry has initiated the elimination of the VAT on gold bar purchases, the ministry has told Izvestia,” the newspaper reported on Thursday.

New stamp duty land tax surcharge for non-UK resident homebuyers to be introduced

Proceeds of the new surcharge would be put towards measures to tackle rough sleeping.

Crunch week as probate ‘death tax’ nears approval

Before Christmas the proposals were approved by the House of Lords.