Tax & Regulation

Tax & Regulation | 5 Jun 13

David Cameron has asked the leaders of the UK’s overseas territories to come to London on the eve of the G8 Summit later this month, as he seeks to strengthen his position as an enemy of tax evasion.

Tax & Regulation | 4 Jun 13

New reporting requirements set down in draft QROPS regulations HM Revenue & Customs issued last month “will only apply to pension schemes that ceased to be QROPS on or after the date that the regulations come into force”, HMRC has told International Adviser.

Tax & Regulation | 3 Jun 13

HM Revenue & Customs has sought to reduce the complexity of the way inheritance tax trust charges are calculated, in a consultation document released late yesterday in London.

Tax & Regulation | 3 Jun 13

The new reporting requirements set down in the draft QROPS regulations issued last month by HM Revenue & Customs will not apply to schemes that lost their QROPS status before the regulations become law, at least as currently proposed, pension industry sources report.

Tax & Regulation | 3 Jun 13

Now that the UK has its first-ever statutory definition of UK residency for tax purposes, the tax authorities have come up with a tool to help people determine their status.