• Home
  • Tax & Regulation
Why it doesn’t pay to own property in Spain through a company

Why it doesn’t pay to own property in Spain through...

As tax laws have changed in recent years the disadvantages of owning Spanish property through a company have increased, says Jason Porter, director of European IFA firm Blevins Franks.

Published : 27, Jun 2017
HMRC targets trusts used for tax planning with new register

HMRC targets trusts used for tax planning with...

HM Revenue & Customs has kickstarted a new beneficial ownership register targeting those who set up trusts to “generate tax consequences” in guidelines published on Tuesday.

Published : 27, Jun 2017
British expats blast UK’s ‘lacklustre’ offer on Brexit rights

British expats blast UK’s ‘lacklustre’ offer on...

UK citizens living in Europe have condemned the British government’s decision not to guarantee the rights of EU citizens living in the UK, despite plans to maintain reciprocal healthcare rights and the 'triple lock' on pensions.

Published : 27, Jun 2017
UK expats in EU offered pension ‘triple-lock’ and healthcare

UK expats in EU offered pension ‘triple-lock’...

The British government has announced it will maintain reciprocal healthcare rights and the 'triple lock' on pensions for the 1.2 million UK citizens currently living in the EU.

Published : 26, Jun 2017
Hong Kong’s Insurance Authority goes live

Hong Kong’s Insurance Authority goes live

Hong Kong’s newest regulator, the Insurance Authority, was officially launched on Monday, replacing the Office of the Commissioner of Insurance (OCI) which was disbanded on the same day.

Published : 26, Jun 2017
Messi to swap prison sentence for €255k fine in tax fraud case

Messi to swap prison sentence for €255k fine in...

Football star Lionel Messi could see his 21-month prison sentence for tax fraud replaced with a €255,000 (£224,313, $285,381) fine, Spanish prosecutors have said.

Published : 26, Jun 2017
HMRC faces claims of ‘unlawful’ raid on Newcastle Utd

HMRC faces claims of ‘unlawful’ raid on Newcastle...

The seizure of documents from British football club Newcastle United by HMRC tax officials may have been unlawful, a judge has said.

Published : 23, Jun 2017
Regulation must be 'appropriate,’ says advisory body chairman

Regulation must be 'appropriate,’ says advisory...

The incoming chairman of a newly merged trade body for financial advisers in the UK has pledged to fight the industry’s corner in talks with the government and regulators.

Published : 23, Jun 2017
UK IFA promoting Brazilian teak scheme enters liquidation

UK IFA promoting Brazilian teak scheme enters...Lock icon

Total Wealth Solutions, which has links to the collapsed Brazilian teak forestry scheme Para Sky Plantation, has entered voluntary liquidation, just months after the UK’s Financial Ombudsman Service (FOS) upheld a complaint against the financial advice firm.

Published : 23, Jun 2017
EU’s new tax avoidance law to target Channel Island schemes

EU’s new tax avoidance law to target Channel Island...

Schemes involving transactions to low tax jurisdictions such as Jersey and Guernsey will need to be reported to the European Union, under new legislation aimed at tackling tax avoidance.

Published : 22, Jun 2017
Footballer to pay €2m to settle Spanish tax fraud case

Footballer to pay €2m to settle Spanish tax fraud...

Former Manchester United winger Angel di Maria has agreed to pay €2m ($2.2m, £1.76m) to settle tax fraud charges in Spain in the latest high-profile tax scandal to rock the football industry.

Published : 22, Jun 2017
Woman loses £50m UK divorce case over ‘sham offshore trust’

Woman loses £50m UK divorce case over ‘sham offshore...

A woman in the UK has lost a £50m (€56.7m, $63.2m) divorce court battle after failing to prove her millionaire husband’s offshore trust was a sham.

Published : 22, Jun 2017
UK Queen’s Speech fails to address Finance Bill ‘limbo’

UK Queen’s Speech fails to address Finance Bill...

Key tax policies dropped from the Finance Bill in the run up to the general election will now be reviewed over the summer, the UK has announced, as the Queen’s Speech gave little clarity on the government’s tax plans for the coming year.

Published : 21, Jun 2017
CGT and IHT may fall victim to ongoing UK election stalemate

CGT and IHT may fall victim to ongoing UK election...Lock icon

Attractive exemptions to the inheritance tax (IHT) regime as well as low capital gains tax rates could face the chopping block amid concerns that Britain is heading for a second general election this year.

Published : 21, Jun 2017
Mourinho accused of tax fraud by Spanish prosecutors

Mourinho accused of tax fraud by Spanish prosecutors...

Manchester United manager Jose Mourinho has become the latest football figure to be accused of tax fraud by Spanish prosecutors.

Published : 20, Jun 2017
HMRC frames new string of conditions for APN avoiders

HMRC frames new string of conditions for APN avoiders...

HM Revenue & Customs has set out a string of new conditions under which it may extend the time allowed to pay a tax bill under an accelerated payment notice (APN).

Published : 20, Jun 2017
Regulation to make life 'harder and harder' for wealth firms

Regulation to make life 'harder and harder' for...

Regulation will make the job of a wealth manager “harder and harder” over the coming years, Quilter Cheviot’s Mark Hallam has said.

Firms must take action now on Mifid II permissions says FCA

Firms must take action now on Mifid II permissions...Lock icon

Firms that need to change their regulatory permissions to comply with Mifid II must act now, the UK’s Financial Conduct Authority has warned.

Published : 19, Jun 2017
British expats top agenda as EU kicks off Brexit talks

British expats top agenda as EU kicks off Brexit...

Securing a deal on reciprocal rights for millions of British expats living in the EU is set to be the “first aim” of Brexit negotiations, which kicked into action in Brussels on Monday.

Published : 19, Jun 2017
UK hints at tax rises amid election uncertainty

UK hints at tax rises amid election uncertainty...

British chancellor Philip Hammond has hinted at tax rises to help fund an end to the government’s austerity programme as prime minister Theresa May has yet to secure a deal that will allow the Conservatives to stay in power.

Published : 19, Jun 2017

Sponsored Content

Nearly 2,000 caught up in ‘biggest ever’ Abu Dhabi scam
Nearly 2,000 caught up...

Almost two thousand people have been caught up in a...

FCA to overhaul pension transfer advice rules
FCA to overhaul pension...Lock icon

Advice on pension transfers is to be provided as a...

EU’s new tax avoidance law to target Channel Island schemes
EU’s new tax avoidance...

Schemes involving transactions to low tax jurisdictions...

Overseas pension transfers more complex under new FCA rules
Overseas pension transfers...Lock icon

Transfers to overseas pensions are likely to become...

Most expensive global expat cities 2017
Most expensive global...Lock icon

Five Asian and three European cities were among the...

OTHER STORIES FROM LAST WORD...