Tax & Regulation
Tax & Regulation | 2 Apr 14
uk and ireland levy highest rates of iht in
The UK and Ireland levy the highest rates of inheritance tax in the world, with rates many times higher than the global average, according to a recent study.
Tax & Regulation | 2 Apr 14
warn clients in tax disputes to get ready to pay
Advisers whose clients are among the 65,000 individuals and businesses said to be under investigation for having used UK tax avoidance schemes, are being told that they should begin urging these clients to line up the cash necessary to pay the disputed amount by early autumn.
luxembourg signs fatca agreement
Luxembourg has signed a FATCA agreement with the US, becoming the latest country to put in place legislation to manage the punitive tax rules.
Tax & Regulation | 30 Mar 14
now australia postpones rollback
Australia’s recently-elected Government has announced that it is to ''pause'' its plans to make changes to the former Labor Government's package of financial advice reforms, which have only just begun to take effect, amid growing opposition to the planned amendments.
Tax & Regulation | 27 Mar 14
australia launches tax amnesty
Australia today has unveiled a new tax "amnesty" programme aimed at encouraging tax evaders with undeclared offshore assets to come in from the cold, with just a “heavily reduced penalty” to pay.