06/06/2018
HMRC tax evasion investigations up by 20%
In 2015, HMRC was looking at 2,972 cases, which increased to 3,216 in2016-17 and 3,809 in 2017-18 – an 18% year-on-year increase.
06/05/2018
Scrapping inheritance tax won’t make divorce easier
Proposals consider being able to gift up to £125,000 per person as a lifetime gift without payment of tax.
06/01/2018
If the US does not comply with the OECD Common Reporting Standard by June next year it faces being placed on the EU blacklist for non-cooperative jurisdictions, an EU top official has warned.
06/01/2018
When that person dies, you, as executor, will be expected to deal with their estate, making sure that their will – if they had one – is respected.
06/01/2018
HM Revenue and Customs identified a 20% jump in serious tax evasion cases in the past 12 months, according to data obtained by law firm Pinsent Masons.
06/01/2018
“EU experts have assessed those commitments… [and] implementation of their commitments will be carefully monitored by the working group responsible for the listing process (code of conduct group),
05/29/2018
For business, reputation is everything. And Britain doesn’t like tax avoiders.
05/29/2018
The Convention is the key instrument for swift implementation of the Standard for Automatic Exchange of Financial Account Information in Tax Matters.
05/28/2018
The two treaties provide for the following withholding tax rates for source-country taxation on various types of income
05/28/2018
The first annual peer review focuses mainly on the domestic legal and administrative framework
05/28/2018
As per these agreements, Swiss banks are obligated to reveal information about U.S. and EU account holders with their respective countries.
05/25/2018
The way in which the gains on such policies interact with the tax system is complex, and the OTS believes that this area of savings taxation warrants further review.
05/25/2018
The Standard contacted HMRC to ask if it had allowed an industrial-scale tax dodge.
05/21/2018
They do this with the help of professional tax experts, hired by banks, financial advisory or asset management companies and firms providing professional services. The service goes by many innocuous names, including transfer pricing.
05/21/2018
The free riding foreigners were said to be living in luxurious residences on the Costa del Sol but were registered on The Rock to avoid paying income and capital gains tax.
05/21/2018
The art of hiding money from the taxman is under threat from laws demanding greater transparency
05/21/2018
Bitfinex is now requiring users to give their tax information so that it can send it to BVI which will exchange it with your country's tax authorities.
05/18/2018
Four regimes were abolished or amended to remove harmful features (Chile, Malaysia, Turkey and Uruguay).
05/18/2018
Exemptions are applicable for intra company transfers of highly specialised employees or for positions in managerial roles.
05/18/2018
Increase in time limits for assessments is alarming, say accountants