Tax & Regulation

Tax & Regulation | 5 Nov 13

There was a sharp decline in the number of disclosures of tax avoidance schemes in the latest six months to September 2013, according to official figures from the HM Revenue and Customs.

Tax & Regulation | 4 Nov 13

Almost 1,700 employees left HMRC in the last 12 months, the highest number in four years, as the department comes under increased pressure to clamp down on tax evasion.

Tax & Regulation | 28 Oct 13

Jersey has enshrined the controversial Hastings-Bass rule into law via an amendment to its trust legislation, in what Jersey Finance has hailed as a “legal first within the international trust’s arena”.

North America | 22 Oct 13

The Channel Islands of Jersey and Guernsey have signed 'intergovernmental agreements' on the automatic exchange of tax information with the UK, adding to existing provisions that currently provide for information to be exchanged between the authorities of the two Crown Dependencies and the United Kingdom.

Tax & Regulation | 21 Oct 13

HM Revenue & Customs today unveiled changes in the way pension schemes are to be registered and transferred, as part of a bid to crack down on so-called pension liberation schemes.