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Messi appeal against Spanish tax fraud sentence set for April

Messi appeal against Spanish tax fraud sentence...

Argentinian football star Lionel Messi will appear in court in Spain next month to appeal the 21-month prison sentence he was handed for tax evasion last year.

Published : 24, Mar 2017
Italy introduces non-dom tax breaks to lure wealthy foreigners

Italy introduces non-dom tax breaks to lure wealthy...

Italy has introduced a flat rate of tax aimed at attracting wealthy expats to its shores as it looks to compete with similar regimes offered in the UK and Spain.

Published : 24, Mar 2017
Understanding tax residency in Portugal

Understanding tax residency in Portugal

If you have recently moved or are moving to Portugal, you need to understand the tax implications of living there as a British national, says Jason Porter, director of European IFA firm Blevins Franks.

Published : 24, Mar 2017
Critical illness cover the next big opportunity for advisers

Critical illness cover the next big opportunity...Lock icon

Imagine your client owned a goose that laid a golden egg every month, says Chris Bagnall, chief underwriting officer and head of claims at Zurich International Life.

Published : 24, Mar 2017
House of Lords warns of Brexit danger for crown dependencies

House of Lords warns of Brexit danger for crown...Lock icon

The crown dependencies’ financial services sectors could suffer if the UK government fails in its constitutional responsibility to represent the islands' interests during the Brexit negotiations, the House of Lords’ European Union Committee has warned.

Published : 23, Mar 2017
Luxembourg in ‘breakthrough’ tax treaty talks with Australia

Luxembourg in ‘breakthrough’ tax treaty talks...Lock icon

Luxembourg is in talks with Australia to sign a double tax agreement (DTA) following efforts by the Grand Duchy to clean up its controversial tax regime, finance minister Pierre Gramegna has said.

Published : 23, Mar 2017
US justice department probes Jho Low role in 1MDB scandal

US justice department probes Jho Low role in 1MDB...

US authorities are planning to file criminal charges against Malaysian financier Jho Low in connection with the stricken sovereign wealth fund 1Malaysia Development Bhd (1MDB), the Wall Street Journal reported.

Published : 22, Mar 2017
Hong Kong regulator freezes accounts in US Ponzi scheme

Hong Kong regulator freezes accounts in US Ponzi...Lock icon

Hong Kong’s Securities and Futures Commission (SFC) has obtained an interim court order to freeze bank accounts connected with a suspected $15m (£12.1m, €13.9m) US Ponzi scheme that invested in Brazilian and African gold mines.

Published : 22, Mar 2017
Finance Bill offers no clarity on life policy part surrenders

Finance Bill offers no clarity on life policy...

The Finance Bill failed to shed more light on how HM Revenue & Customs plans to recalculate the gain on partial surrenders when policyholders withdraw money from their life insurance policies the wrong way, says Rachael Griffin, financial planning expert at Old Mutual Wealth.

Holborn Assets ordered to immediately cease pension transfers

Holborn Assets ordered to immediately cease pension...Lock icon

The UK Financial Conduct Authority has ordered Holborn Assets Ltd to immediately cease all pension transfer business, particularly that introduced by overseas advisers.

Indonesia hauls in a surprise $330bn from tax amnesty

Indonesia hauls in a surprise $330bn from tax...

Indonesia has raised more than $330bn (£265bn, €381bn) from at least 745,000 taxpayers as its tax amnesty approaches next week’s closing date of 31 March.

Published : 21, Mar 2017
South African expats unite against proposed tax changes

South African expats unite against proposed tax...Lock icon

South Africans working in countries with no income tax, such as the UAE, have banded together on social media to oppose new legislation that “might put them at an unfair disadvantage” of having to pay income tax in South Africa.

Published : 20, Mar 2017
HSBC boss ‘tested’ UK tax office on his non-dom status

HSBC boss ‘tested’ UK tax office on his non-dom...Lock icon

Stuart Gulliver, the chief executive of HSBC, may have set up a trust to test whether the UK taxman would accept he was a non-dom, according to specialist tax advice agency Mark Davies & Associates.

Published : 20, Mar 2017
UK to 'raid pensions' to fund U-turn on self-employed tax hike

UK to 'raid pensions' to fund U-turn on self-employed...

The UK Treasury is reportedly considering a fresh raid on pensions tax relief in order to plug a £2bn ($2.47bn, €2.3bn) funding gap after chancellor Philip Hammond was forced to drop national insurance contribution (NIC) increases for self-employed people.

Published : 20, Mar 2017
HMRC scores another win in film tax battle

HMRC scores another win in film tax battle

HM Revenue & Customs has extended its run of victories against schemes seeking to exploit tax breaks for the UK film industry.

Published : 17, Mar 2017
Swiss court overturns ban on releasing UBS client data to France

Swiss court overturns ban on releasing UBS client...

Switzerland's Supreme Court has ruled that the government can comply with a French request for information about a UBS client's bank account, despite the request probably being founded on stolen data.

Published : 17, Mar 2017
Nicaraguan bamboo fund shut down by IoM high court

Nicaraguan bamboo fund shut down by IoM high court...Lock icon

An Isle of Man-based fund that convinced 189 people to invest $61m (£49.6m, €56.8m) in bamboo plantations in Nicaragua by promising returns of up to 500% was wound up by order of the Isle of Man high court on Thursday.

Published : 17, Mar 2017
HMRC tax avoidance case against Rangers football club ends

HMRC tax avoidance case against Rangers football...Lock icon

HM Revenue & Customs’ seven-year pursuit of Rangers Football Club for aiding and abetting tax avoidance ended on Thursday after two days at the UK supreme court, with a judgment expected within three to six months.

Published : 16, Mar 2017
S Africa to end ‘too generous’ overseas worker tax break

S Africa to end ‘too generous’ overseas worker...

South Africa is to draft legislation overhauling its residence-based tax rules so that South Africans working in countries with no income tax, such as the UAE, will be liable to pay tax in their home country.

Published : 16, Mar 2017
UAE minister sets prospective VAT for Gulf at no more than 5%

UAE minister sets prospective VAT for Gulf at...

VAT no higher than 5% will come into force from 1 January 2018 in the UAE and other Gulf States covering most products and services.

Published : 16, Mar 2017

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UK to 'raid pensions' to fund U-turn on self-employed tax hike
UK to 'raid pensions'...

The UK Treasury is reportedly considering a fresh raid...

Holborn Assets ordered to immediately cease pension transfers
Holborn Assets ordered...Lock icon

The UK Financial Conduct Authority has ordered Holborn...

Gibraltar ‘in danger’ of losing Qrops status
Gibraltar ‘in danger’...Lock icon

Gibraltar must put in place a system for regulating...

Sarah Lord to leave Killik & Co
Sarah Lord to leave Killik...Lock icon

Sarah Lord, one of the most highly qualified female...

South African expats unite against proposed tax changes
South African expats...Lock icon

South Africans working in countries with no income...

OTHER STORIES FROM LAST WORD...