Tax & Regulation
Accelerated payment demands net £1.3bn for HMRC
The UK taxman raked in 21% more cash from accelerated payment notices (APNs) in 2016/17, netting HM Revenue & Customs £1.3bn ($1.76bn, €1.47bn) from individuals and small businesses.
Best Practice | 18 Sep 17
Portuguese expat pension tax tabled
Expat pensions transferred to Portugal could take a 10% hit under plans being considered by the country’s government.
Investment | 18 Sep 17
Govt threatens crackdown on investor tax breaks
HM Treasury has threatened to clampdown on a tax-relief system encouraging the wealthy to invest in start-up firms over fears investors are abusing the system.
Serious Fraud Office closure scrapped
The UK’s Serious Fraud Office will not be folded into Britain’s version of the FBI after plans by prime minister Theresa May were abandoned.
Expat pensions on the ‘cliff edge’
The chair of the UK Treasury select committee has called on the chancellor to provide clarity on expat pensions in the event of a “cliff edge Brexit”.