Tax & Regulation
South African expats unite against proposed tax changes
South Africans working in countries with no income tax, such as the UAE, have banded together on social media to oppose new legislation that “might put them at an unfair disadvantage” of having to pay income tax in South Africa.
Tax & Regulation | 20 Mar 17
HSBC boss ‘tested’ UK tax office on his non-dom status
Stuart Gulliver, the chief executive of HSBC, may have set up a trust to test whether the UK taxman would accept he was a non-dom, according to specialist tax advice agency Mark Davies & Associates.
Tax & Regulation | 20 Mar 17
UK to ‘raid pensions’ to fund U-turn on self-employed tax hike
The UK Treasury is reportedly considering a fresh raid on pensions tax relief in order to plug a £2bn ($2.47bn, €2.3bn) funding gap after chancellor Philip Hammond was forced to drop national insurance contribution (NIC) increases for self-employed people.
Tax & Regulation | 17 Mar 17
HMRC scores another win in film tax battle
HM Revenue & Customs has extended its run of victories against schemes seeking to exploit tax breaks for the UK film industry.
Swiss court overturns ban on releasing UBS client data to France
Switzerland’s Supreme Court has ruled that the government can comply with a French request for information about a UBS client’s bank account, despite the request probably being founded on stolen data.