06/03/2019
Wealthy families dominate use of UK inheritance tax breaks
Relief on transfer of business and farm assets allows rich to slash tax bills
Tax
06/03/2019
KPMG hosts City of London Police at Financial Crime Investigation Unit Stakeholder Forum
The City of London Police walked delegates through Operation Shaniko
06/03/2019
Calls for tax breaks to be capped for wealthy
Tax Justice UK’s new research finds the government is handing out up to £666 million a year in inheritance tax reliefs on land and business property to families who are already well off.
05/31/2019
Tax-efficient EIS companies take in £2bn despite clampdown
HMRC rule change on low-risk schemes sees drop in funding for first-time applicants
05/31/2019
UK Tables Regulations For Offshore Intangibles Measure
This means that the measure will only apply to low-tax jurisdictions with which the UK does not have a full tax treaty
05/30/2019
Italy offers up to 90% tax relief to working expats willing to relocate
Italy has extended and broadened the scope of its special tax regime for newly resident workers (lavoratori impatriati) by increasing the amount of the tax exemption from 50% to 70% for the first five years after relocation and opening it to to any worke
05/30/2019
Never has so much (tax) been paid by so few
Overall, never has the UK’s public finances been so reliant on such a small targeted group of individual taxpayers.
05/30/2019
IoM '17th worst tax haven' in the world
Launched this week, the index will be published every two years.
05/29/2019
British overseas territories top corporate tax loophole index
A British government spokesman said tackling tax avoidance was a priority and that the country had "been at the forefront of international action to reform global tax rules".
05/28/2019
HMRC reaches prosecution referral target again
According to the news site, this figure could increase in the future due to data received by HMRC relating to offshore accounts from jurisdictions such as Bermuda and the Cayman Islands.
05/28/2019
Prosecutions top 1,000 as HMRC focuses on tax evasion by individuals
The government launched 1,007 prosecutions against individuals for tax evasion offences last year, as the HMRC clampdown on tax evaders intensified
05/24/2019
Andersen Global Expands UK Locations
The Manchester office will continue the firm’s focus on advisory and compliance services and is joined by Partner Matt Hodgson.
05/24/2019
Pass on your wealth without paying a penny to the taxman: Inheritance tax cost £5.4bn last year - and more are set to pay it
And there is no escape if you give your assets away during your lifetime, as anything given within seven years before your death may also be subject to tax — and could mean your relatives are chased for money after you've gone.
05/24/2019
Further Tax Changes for Irish Property Funds
The Irish Government has advised that the tax treatment of Irish property funds may face further changes later this year.
05/24/2019
POLAND: Withholding tax rules affected by new beneficial owner definition
The scope of tax treaty withholding tax exemptions may be limited and qualification for treaty benefits for intercompany payments may be in question.
05/21/2019
Setting a benchmark for inheritance tax portfolios
Tracking real performance
05/19/2019
Swiss give clear ‘yes’ to corporate tax reform
The new legislation will bring Switzerland into line with international tax rules by cutting out preferential rates offered to multinationals, while lowering baseline rates in an effort to prevent them fleeing to more attractive destinations.
05/16/2019
German authorities raid 11 banks in tax evasion probe
Deutsche Bank said the investigation was directed against private individuals, not against the company, that it is cooperating with prosecutors and wasn't a target of the current raids.
05/16/2019
No Safe Havens 2019
HMRC’s strategy for offshore tax compliance.
05/15/2019
Estates in administration – beware of the tax issues
But executors and other personal representatives should be aware that both Income Tax and Capital Gains Tax may apply during the period of administration.