Tax & Regulation
UK committed to public beneficial ownership despite concerns
A first-of-its-kind public beneficial ownership register of overseas companies that own UK property is being pushed forward by the UK government despite concerns that the information should not be made freely available.
Hong Kong signs data-sharing deal with South Africa and Portugal
Hong Kong has agreed to an automatic exchange of information with South Africa and Portugal amid mounting pressure from the OECD and the European Union.
North America | 6 Apr 17
Surge in US expats declaring offshore assets
The number of American expats in the UK declaring their offshore assets to the US taxman has surged in 2017, amid fears that an Obama-era tax amnesty could be curtailed or ended by the Trump administration.
Tax & Regulation | 6 Apr 17
UK probate fees hike faces delays amid ‘death tax’ claims
The UK government’s plan to dramatically increase probate fees has suffered a setback after British politicians announced that the measure could only be introduced with the consent of parliament.
Tax & Regulation | 6 Apr 17
HMRC to visit top UK football clubs in tax-dodging probe
The UK tax office will visit all English Premier League, Championship and Scottish Premier League clubs in the next three years to review payments made to players amid a string of high-profile tax avoidance cases.