Managers of Wealth Offshore

HMRC Announces Initiatives To Modernize Tax Administration

HMRC has said it will invest in the development of AI solutions, which will automate the provision of call summaries following taxpayers' calls with HMRC advisers and caseworkers.

‘Time for serious and structured review of Malta’s corporate tax framework’

Shadow Minister for Finance Graham Bencini

Over 55,000 Tax Returns filed ahead of deadline – Islanders urged to act now

“Verification delays can occur, so we urge taxpayers to act promptly and use the guidance available to avoid late filing penalties.”

More than 11,000 taxpayers still waiting for repayments

About 11,000 taxpayers issued with assessments since April are still waiting for repayments.

Work under way to create tax reserve fund

The amendment will ensure that tax receipts are paid into the tax refund reserve fund rather than the consolidated fund.

Realtor renews plea for tax consistency

Eleuthera saw modest improvement, with average home prices rising 1.5 percent over the quarter.

HMRC suspects £343mn underpaid by wealthy taxpayers

HMRC takes a very dim view of this and can impose heavy fines if these errors are discovered

Tax Haven Status Remains after Panama Removed from EU High-Risk List

Panama has a territorial tax regime

The great offshore tax exodus

But in a sudden reversal, these very havens that once promised discretion and protection no longer work quite like they used to.

7 Compelling Reasons to Retire in the Tax-Friendly Bahamas

From no income tax to a strong expat community, here are seven compelling reasons to consider the tax-friendly Bahamas.

Billionaires Leave UK as Government Ends Tax Breaks for Wealthy Foreign Residents

Under the new rules, all long-term UK residents pay taxes on their worldwide income.

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.

P&R pledge to fix the Revenue Service

“The backlogs and other challenges have been well publicised, and I can assure members that these issues are being addressed as an immediate priority,” she said.

Understanding the digital VAT

Several services are listed as likely to become liable to VAT collections once enforcement is in effect.

Crypto Tax Havens Emerge as Countries Diverge on Policies

The regulatory environment in the UAE is clear and pro-crypto, making it an attractive destination for crypto enthusiasts.

New US Remittance Tax for Caribbean residents

While the tax will apply significantly to cash-based transfers, money orders, cashier’s checks, and similar instruments, it notably exempts bank wire, debit, credit card payments, and most digital remittance services.

New Auditor General Patrick Smith aims for robust and realistic budgets

Smith’s experience working for KPMG

HMRC accused of cutting secret loan charge deal with large companies

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

Spain and Brazil advocate for new taxes on ultra-rich to boost climate finance

The US participated in the lead-up to the Summit but skipped out on the event itself, after the Trump Administration withdrew support for the UN’s sustainable development agenda earlier this year.

States of Guernsey agrees action to prevent tax avoidance

This will require the company to report and pay tax on behalf of the shareholder at 20% on these repayments.