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

Taxing the wealthy: HMRC does not know how many billionaires pay tax in the UK

PAC warns of lack of clarity over how much tax is paid or avoided by the very wealthy, as report highlights significant opportunities to collect more revenue.

UK Chancellor Rachel Reeves does not rule out new wealth tax

The UK chancellor said she was not going to comment on speculation around her next budget when a date for the statement had not even been set.

Inheritance Tax Knowledge Gap: Almost one in three don’t understand laws and tax regimes

Under current rules, inheritance tax is set at 40%

Taxing the rich would rob the UK of ambition

On the face of it, a wealth tax looks like a simple solution to redistributing wealth and helping fill the Treasury’s empty piggy bank.

Ancelotti hit with 1 year prison sentence for tax fraud

Brazil boss Ancellotti, 66, will avoid prison but does have to pay a fine of 386,361.93 euros (£333,045.92) instead

Why the recent VAT case impacts transfer pricing and customs

In the period in question, Högkullen charged around £180k for its services; a value calculated using transfer pricing principles.

Thousands of businesses at risk as inheritance tax charge on pensions threatens commercial premises

With many business founders and owners holding their commercial property in their pensions

UK IHT change set to hit pension pots holding commercial property

With many business owners holding commercial property in their pensions, the new IHT charge from 2027 could force a sale

Digital-First Consumers and Regulation Fuel Neobank Growth in 2025

It also confirmed 38-percent growth of its customer base during the year to 52.5 million, as well as a massive surge in revenues by 72 percent to £3.1 billion.

Which European countries have a wealth tax - and does it work?

Former Labour leader Lord Neil Kinnock has called for a wealth tax in the UK - but how well has it worked elsewhere in Europe?

HMRC accused of cutting secret loan charge deal with large companies

Tax office reached generous settlements while punishing contractors with crippling bills, documents suggest

Reform UK reveals ‘Robin Hood’ policy plan for non-doms

Labour described Reform’s policy as a “golden ticket for foreign billionaires to avoid the tax they owe in this country”.

The importance of information for tax design: Evidence from the French wealth tax

The findings indicate that taxpayers are more likely to under-report the value of less easily verifiable assets such as housing, whereas financial assets are more transparent and thus harder to manipulate.

Should retailers close stores or make them work harder?

The rise of digital channels continues, but the EY Future Consumer Index shows that there is still plenty of mileage in physical retail space.

Managing the tax tail: how Gilts can aid inheritance planning

For many high-net-worth individuals considering a move abroad, gilts may offer a rare combination of security and tax efficiency, potentially keeping your estate out of HMRC’s reach.

The eternal dilemma of how to tax the super-rich

It is becoming harder to keep wealthy nomads and ordinary voters happy

Rethink your tax strategy in the new financial year

Tax is often the biggest cost for investors – yet many aren’t aware of the strategies available to reduce it.

New HMRC data show over 6 million more taxpayers since threshold freeze

The Treasury has grown hooked on the tax revenues this freeze generates, and like any addiction, it may prove difficult to kick even when the damage becomes clear.

‘Way too cheap’ – Tax experts question Reform’s £250K non-dom plan

The scheme is similar to those currently in place in Greece and Italy, which have both benefited from an influx of former UK-based non-doms after the government chose to scrap the old non-dom regime in last year’s Autumn Budget

Wealth advisers helping tax evasion face fresh fines

Advisers who help clients evade tax will face fines under rules that have come into force from 01 January this year.