Tax & Regulation
Tax & Regulation | 12 Jun 17
Further non-dom rule delays ‘disastrous’ amid UK election fears
Ongoing delays to the introduction of new rules governing how UK non-domiciles are taxed could be “disastrous” for taxpayers who have already prepared for the changes, which were expected to come into force in April this year.
EU forges ahead with adviser sanctions over tax avoidance
The European Union is pushing ahead with new rules that will force financial advisers to report “aggressive” tax planning schemes which help clients avoid paying tax, as it follows in the footsteps of the UK.
Hong Kong’s new Insurance Authority eyes mis-selling crackdown
Hong Kong’s new insurance regulator plans to work closely with its mainland China counterpart to protect consumers when it officially takes over from the Office of the Commissioner of Insurance (OCI) on 26 June.
Middle East | 12 Jun 17
Saudi expat tax to start in July
Saudi Arabia will levy a new tax on expatriates and their dependents from 1 July 2017 in a bid to boost the Gulf state’s local employment and revenues following persistently weak oil prices.
Tax & Regulation | 12 Jun 17
Newcastle Utd launches legal action against HMRC tax raids
A UK high court has banned HMRC from examining material seized from Newcastle United’s football stadium following a legal challenge mounted by the club.