Managers of Wealth Offshore

'We’re after you' warning to income tax evaders

Information-sharing helps identify people not complying with the law.

Manx Financial Group announces record-breaking results for 2023

It’s been described as a ‘landmark period’ for the bank

Sark sounds alarm over property transfer tax loophole

Chief Pleas currently charges transfer tax at a rate of 7.5%, and it's similar in style to stamp duty.

Saffery Trust wins 2024 WealthBriefing European Award

The annual awards are open to financial service providers across Europe, focused on experts, products, and services.

Banks promoting tax free offshore banking to net foreign deposit

City Bank designs offshore deposit products with maximum interest of 9% to attract foreign investors

Bahamas financial services: 'Revisit' 15% minimum tax

Alternatively, international tax rules should focus on substance presence rules and standardised transfer pricing rules to prevent tax evasion

How Bermuda trusts can help with worldwide estate planning

The island has world-class trusts legislation that is based on the English model.

Rachel Decelis from KPMG in Malta wins KPMG Global ESG emerging talent award

Decelis has been recognised on a global scale

Bermuda must now compete on non-tax criteria: Huff

He said the 15% rate was “the new zero” which meant Bermuda would be taxing companies at the same level as other jurisdictions.

Taxes in Panama

The government has stated that it will not raise taxes that were recommended by the International Monetary Fund.

Burt happy to lose ‘ridiculous tax haven moniker’

The Premier was taking part in the opening session of the Risk Summit with Marc Grandisson, chief executive officer of Bermuda-based re/insurer Arch Capital.

Legislation to extend new-hire tax relief tabled

The amendment would also extend the benefit to those who started work after April 1, 2022 and continue to be employed after April 1, 2024 up until March 31, 2026.

New tax regime for UK non-doms

When an individual comes to or leaves the UK part way through a tax year, they may qualify to split the tax year into a UK tax resident part and non-UK tax resident part if certain conditions are met.

Guernsey islanders say tax office has fined them in error

Mr Gallie said he was appealing the fine, having filled out a third tax return which he has handed in personally.

Treasury disbanded non-dom tax policy unit weeks before budget, sources say

One City law firm that specialises in advising clients with complex offshore tax affairs, told staff they expected a rush to “safeguard” benefits of the status

PM’s ‘line in the sand’ on wealthy tax evaders

Mr Davis, also reiterating that the Government has no plans to introduce personal income tax or other income-related taxes “at this time”

Deloitte awarded Best Professional Services Provider Isle of Man 2024 by Finance21

The judges praised Deloitte for their exemplary client service, demonstrated expertise, innovative solutions and commitment to quality and industry best practice.

Jersey won't change super-rich policy, minister says in wake of UK budget

The current UK regime will be replaced with new rules from April 2025 so that those with the “broadest shoulders” pay more, Mr Hunt announced in his Budget speech.

VAT survey issued to Island businesses

The amount of revenue we currently receive by way of FERSA makes up almost one third of the Island’s income.

Inland Revenue at just under 50 percent of real property tax revenue target

According to Strachan, more than half of the properties on the register do not receive a tax bill, as they are exempted for one reason or another.