Managers of Wealth Offshore

HMRC has failed to fine a single ‘enabler’ of offshore tax fraud in five years

Landmark powers to impose huge fines to tackle tax evasion and avoidance are ‘pointless’, figures show

No more taxpayer rescue for busted financial firms

The legislation is expected to form part of the ‘twin peaks’ reform programme that will make the central bank the regulator of all financial institutions

Next Gen recognition for tax manager

Abby is a valuable asset to the team and a well-rounded practitioner

Two Saffery Trust professionals named as 2024 Crown Dependencies Next Gen Leaders

Instead of emphasising age, the list now considers years of service.

Tax regulations could tighten for US companies

The government said an international inspection would take place and would be debated by the states from July.

Saffery shortlisted for the 2024 eprivateclient Excellence Awards

The awards are devoted to recognising the outstanding achievements of leading firms across the private client professions in the UK.

Wealthy countries push back as UN moves ahead with global tax plan

A minority of countries that opposed a legally binding U.N. tax convention may seek to water it down, experts warn, risking the new convention becoming as “inconsequential as the OECD.”

Five years of shared efforts to advance tax transparency bring concrete benefits for Latin American countries

The Tax Transparency in Latin America report is a key output of the Punta del Este Declaration

States of Guernsey turn in a surplus for 2023

The accounts please deputy Heidi Soulsby, who's vice president of senior committee Policy and Resources.

Channel Islands to bring in 'pillar two' tax for large companies under new global scheme

The Crown Dependencies last week confirmed they would implement the 'pillar two' tax, which is designed to create a level playing field across more than 130 jurisdictions.

Tax return delays criticised by islanders

About £1.1m of compensation has been paid to Guernsey residents who should have received tax rebates in the past two years

Guernsey set to make corporate taxation reforms

The businesses community in the island is due to be consulted as part of the drafting of the new legislation.

Reminder for Islanders to file paper tax returns

If anyone is having difficulty with their tax return, please ask for help before the deadline.

Billionaire Tax Rejected by US Causes Split Ahead of G-7 Meeting

The United States has pushed back on a global minimum wealth tax on billionaires.

SL proposes 10% levy on annual profits of global tax evasion assets

The annual profits are estimated at US $ 1.4 trillion per annum.

Fairness, Transparency, and Enforcement: FACT’s Principles for Taxing U.S. Multinational Corporations After 2025

To preserve popular tax cuts for low and middle-class earners, Congress will look to offset with other revenue sources, including improvements to how multinational corporations are taxed.

Tax expert warns local French property owners of double taxation risks

Wealth tax is also a consideration, as France remains one of few countries to enforce it albeit on real estate assets only, including any owned indirectly.

Joint statement by the three Crown Dependencies

The Ministers agreed that working co-operatively and openly with each other on topics of mutual interest benefits all three Islands and should continue.

French property owners warned over double tax risk

Wealth tax is also in play as its applied on real estate in the country, including properties owned indirectly, if their value exceeds €1.3m. In these cases, returns must be filed.

MS Re records $93m corporate income tax provision

The combination of favourable market conditions and our own client-focused, portfolio approach allowed us to achieve our five-year turnaround goal in just three years, growing our book while continuing to improve the quality of our business.