Tax & Regulation
Tax & Regulation | 9 Jun 14
HMRC trust proposals target IHT avoidance
HM Revenue & Customs has proposed a limit to the amount an individual can transfer into a series of trusts tax free, in its latest attempt to crack down on the use of multiple trusts to avoid inheritance tax (IHT).
North America | 9 Jun 14
irs to make us offshore tax amnesty less harsh
The US tax authorities are set to make the amnesty programme aimed at encouraging US citizens to declare any offshore bank accounts less tough.
Tax & Regulation | 4 Jun 14
One fifth accountants unaware of disclosure terms
One fifth of UK accountants and tax advisers have not told all their clients about the terms of the Liechtenstein Disclosure Facility, a survey has revealed.
Tax & Regulation | 3 Jun 14
hmrc criticised for sending letter to swiss
HM Revenue & Customs has sent out another letter to UK holders of Swiss bank accounts warning that they must settle their liabilities, and giving them the option of using the Liechtenstein Disclosure Facility.
Tax & Regulation | 2 Jun 14
APFA criticises FCA over its scrapping of fee
The Association of Professional Financial Advisers (APFA) has said it is disappointed in the FCAs decision to scrap a review of the methods it uses to calculate regulatory fees.