• Home
  • Tax & Regulation
Only 15 in Ireland disclose offshore assets as deadline looms

Only 15 in Ireland disclose offshore assets as...

Just 15 taxpayers have voluntarily declared offshore assets to Ireland’s tax authority since finance minister Michael Noonan announced plans to take tougher action to tackle offshore tax evasion in his October 2016 Budget.

Published : 24, Feb 2017
Brexit database to be launched for British expats in Europe

Brexit database to be launched for British expats...

University of Cambridge academics are compiling a database to enable UK expats living in the EU to receive up-to-the-minute advice throughout the negotiation process once Britain triggers Article 50 later this year.

Published : 24, Feb 2017
Malta slammed over ‘aggressive’ tax planning rules

Malta slammed over ‘aggressive’ tax planning rules...

Some of Malta's tax rules may be used in structures of aggressive tax planning, a new report by the European Commission has found.

Published : 24, Feb 2017
South Africa budget targets high earners with top rate hike

South Africa budget targets high earners with...

South Africa finance minister Pravin Gordhan has announced a new top tax bracket of 45% in his 2017 Budget.

Published : 24, Feb 2017
One in 10 calls to the FCA about scams

One in 10 calls to the FCA about scams

More than one in 10 consumers contacting the Financial Conduct Authority (FCA) do so to report a financial scam and to find out what they can do about it, the UK regulator revealed Thursday.

Published : 23, Feb 2017
UK Budget could see further cuts to lifetime allowance

UK Budget could see further cuts to lifetime allowance...

The UK's lifetime allowance (LTA) for pension savers could be slashed again in the Spring Budget next month, according Markas Gilmartin, founding partner of Bristol-based IFA firm Epoch Wealth Management.

Published : 23, Feb 2017
Property scheme investment advice unsuitable: Ombudsman

Property scheme investment advice unsuitable:...

The UK Financial Ombudsman Service (FOS) has determined that advice given to a client by financial advice network The Falcon Group to invest £83,000 ($103,269, €97,263) of his pension fund in a scheme focused on the leisure property industry was not suitable.

Published : 21, Feb 2017
South Africa’s Lombard Life fined by regulator

South Africa’s Lombard Life fined by regulator...

The Financial Services Board (FBS) of South Africa has fined Lombard Life for not complying with rules about informing policyholders of their right to appeal after the company rejected their claims.

Published : 21, Feb 2017
UK tax take hits record highs for January

UK tax take hits record highs for January

The UK government’s tax take is on the rise according to new figures from HM Revenue & Customs for the all-important month of January, when most outstanding tax payments are due.

Published : 21, Feb 2017
Spanish princess’s husband gets six years over €6m tax fraud

Spanish princess’s husband gets six years over...

The brother-in-law of King Felipe VI of Spain has been sentenced to six years in prison and fined more than €500,000 (£426,565, $530,810) after being found guilty of charges including embezzlement, fraud and tax evasion.

Published : 21, Feb 2017
Easier rules for small DB pension transfers considered

Easier rules for small DB pension transfers considered...

The UK government is open to considering a relaxation of the current rules around defined benefit pension transfers where the saver's entitlement is quite small, a new consultation paper released on Monday showed.

Published : 20, Feb 2017
British widow in France refunded over pension advice

British widow in France refunded over pension...

A British widow has been refunded for poor advice she received from a UK adviser while living in France.

Published : 20, Feb 2017
Aus eyes beneficial ownership list in tax avoidance crackdown

Aus eyes beneficial ownership list in tax avoidance...

The Australian government is consulting on setting up and maintaining a register that would reveal the identities of the companies' beneficial owners.

Published : 20, Feb 2017
UK tax office warns on two tax avoidance schemes

UK tax office warns on two tax avoidance schemes...

HM Revenue & Customs has warned of a new disguised remuneration tax avoidance scheme that uses payment via annuities as a means to avoid income tax and national insurance contributions (NICs).

Published : 17, Feb 2017
Harlequin boss David Ames charged with fraud

Harlequin boss David Ames charged with fraud

The UK's Serious Fraud Office (SFO) has charged David Ames, chairman of the failed Caribbean property group Harlequin, with three counts of fraud.

Published : 17, Feb 2017
Spain 'hopeful' of a deal on UK expat rights after Brexit

Spain 'hopeful' of a deal on UK expat rights after...

Spanish prime minister Mariano Rajoy says he believes a deal can be done with Britain to preserve the rights of British expats in Spain after Brexit.

Published : 17, Feb 2017
HMRC collects £140m in CGT crackdown

HMRC collects £140m in CGT crackdown

HM Revenue & Customs collected an additional £140m ($174m, €164m) from investigations into unpaid capital gains tax (CGT) by wealthy individuals and other taxpayers.

Published : 16, Feb 2017
New Earth’s fund manager expected to pay creditors in full

New Earth’s fund manager expected to pay creditors...

Isle of Man-based Premier Group, the fund manager behind the ill-fated £300m ($373m, €353m) New Earth Group of funds, will be able to pay its creditors in full, according to joint liquidator Craig Mitchell.

Published : 16, Feb 2017
Isle of Man to investigate collapse of Nicaraguan bamboo fund

Isle of Man to investigate collapse of Nicaraguan...

The Isle of Man's High Court of Justice has appointed an inspector to look into the collapse of the $61m (£48m, €57m) Eco Resources Fund, after it went into liquidation last November.

Published : 15, Feb 2017
Panama Papers law firm bosses arrested and denied bail

Panama Papers law firm bosses arrested and denied...

The founders of Mossack Fonseca, the law firm at the centre of the Panama Papers scandal, have been arrested and are facing money laundering charges.

Published : 15, Feb 2017

Sponsored Content

British widow in France refunded over pension advice
British widow in France...

A British widow has been refunded for poor advice she...

UK plans to reform DB schemes trigger alarm bells
UK plans to reform DB...

The UK government has suggested softening the rules...

Ombudsman orders deVere UK to compensate client
Ombudsman orders deVere...

The UK's financial ombudsman has upheld a complaint...

UK Budget could see further cuts to lifetime allowance
UK Budget could see further...

The UK's lifetime allowance (LTA) for pension savers...

Praemium sacks chief executive Michael Ohanessian
Praemium sacks chief...

Australia-headquartered platform provider Praemium...

OTHER STORIES FROM LAST WORD...