Tax & Regulation
Tax & Regulation | 24 Apr 17
Five UK Budget proposals at risk from the snap election
British prime minister Theresa May has called a snap election on 8 June, a decision which may have a knock-on effect on some of the new measures announced in the Spring Budget last month. Here’s a list of proposals which could either be rushed through or delayed as the UK prepares to go to the polls.
Middle East | 24 Apr 17
UAE joins global fight against offshore tax evasion
The United Arab Emirates formally signed up to what the OECD calls ‘the most powerful multilateral treaty against offshore tax evasion and avoidance’, on Friday.
North America | 21 Apr 17
American states ‘thriving’ in Panama Papers fallout
US states including Delaware and Nevada are bucking a trend that has seen the number of new tax shelters drop by a third globally, according to one of the co-founders of Mossack Fonseca, the law firm at the epicentre of the Panama Papers fallout.
Qrops cull expected in shock second suspension of UK list
HM Revenue & Customs is to temporarily suspend its list of qualifying recognised overseas pension schemes (Qrops) for a second time on 2 June, signalling a further cull amid a drastic overhaul of overseas pension transfers.
Tax & Regulation | 21 Apr 17
Fraudster who ran £8.5m spread betting scam banned for 12 years
A British scammer, who ran a failed spread betting scheme, has been banned by a UK court from acting as a company director for 12 years.