Managers of Wealth Offshore

Think tank lays out “radical alternative” to tax review

He argued this approach could “improve competitiveness and widen the tax base” simultaneously, and that locking in these tax rates would “encourage spending discipline”.

IoD Guernsey shares member responses to tax review policy letter

Over 80% of respondents believe the tax burden should be shouldered more equally between corporates, individuals and the public service.

Consumption tax rises “inevitable” without improved growth

One issue was that the tax review had missed opportunities, including establishing a territorial corporate tax regime which is the basis of Deputy Charles Parkinson’s amendment.

Saffery Champness is recognised as a UK Top Employer 2023

The Top Employers Institute programme certifies organisations based on the results of their HR Best Practices Survey.

Retail would be "decimated"

Next week the States will debate the Tax Review which recommends a 5% GST along with wider changes to income tax and social security charges.

Alternative tax package promises greater States savings

Their plans would set in train reviews of corporate tax and what government does, as well as quickly close the public sector pension scheme to new entrants in favour of an alternative package with less risk to the taxpayer.

Tax analysis advised in Luxembourg after Budget law passed

The changes affect Luxembourg tax transparent entities operating in Luxembourg with foreign shareholders where those shareholders hold at least 50% of voting rights or capital in the Luxembourg entity or hold entitlements to at least 50% of its profits.

Malta-registered Stanleybet to pay Italian tax in regulator dispute

Stanleybet insists the ADM still denies the company entry into Italy’s licensing system nad accuses the regulator of having “a historical aversion to Stanleybet”

‘Settle down’ before tax crackdown tie-in

The joint objective of the Ministry of Finance and Department of Inland Revenue is two-fold - to boost both Business Licence and real property tax revenue.

Tax debate hots up as deputies face the public

That will focus on corporate tax reform as an alternative to a GST - Deputy Parkinson has argued in favour of a territorial corporate tax system instead of the current zero-10 arrangements to raise more revenue.

Jersey Recognised for Tax Cooperation

Jersey has received the highest rating available in an assessment of its practical implementation of the Common Reporting Standard (CRS) in a report published.

Govt must reform inequitable tax regime

Besides VAT evasion, the revenue system is plagued with rampant direct tax evasion. About a third of the individuals who have a taxpayer’s identification number submit their income tax returns.

Higher payroll tax proposed for exempted companies

It proposes a separation of Bermuda’s exempted company employers, singled out for a higher contribution rate in the employer portion of payroll tax

Tax details are "being lost in the public debate"

The committee believes that "many people" will be better off as a result of this package of measures and it is also warning that "if we do nothing, we’re genuinely concerned that (providing essential services) won’t be possible.

Private sector encouraged to propose “workable alternative solutions” to tax review

Chamber believes that the constituent parts of the States’ shortfall have now been adequately bottomed-out in the most recent tax review policy letter

‘Don’t punish many for the few’ on Dorian tax breaks

In doing away with the former “blanket” exemptions structure, they have moved to a “case-by-case” system where the merits of tax break applications will be assessed individually.

Former Vice President reveals opposition to P&R tax plan

Speaking to Express this morning in her first interview since resigning last month, Deputy Soulsby revealed the frustrations which caused her to leave the States' senior committee two years after it was elected.

HMRC chases 5,500 offshore companies for missing property taxes

A further 1,500 companies will be targeted for unpaid capital gains tax on property sales between 2015 and 2019.

PwC Malta formally launches Salesforce practice in Malta

Company invests in technical resources, recruitment of key experienced talent

Social security changes help poorer families and 'middle Guernsey'

Contributions would be paid only on income above the personal allowance.