Tax & Regulation
Tax & Regulation | 5 Nov 12
uk sixth highest tax burden in world
The UK has the ninth highest tax burden on those earning $200,000 per year and the sixth highest for those earning $1.5m, according to a new report based on analysis of 26 countries.
Tax & Regulation | 2 Nov 12
guernsey unveils rdr consultation
Guernsey is asking islanders and island business leaders whether it should adopt a Retail Distribution Review similar to that about to take effect in the UK.
Tax & Regulation | 30 Oct 12
angry spouses grass to hmrc
HM Revenue & Customs is increasingly turning to the use of informers, including former spouses, to increase tax revenue, according to UK-based law firm RPC.
Tax & Regulation | 29 Oct 12
european commission pressures UK
The European Commission is putting pressure on the UK to review “discriminatory” rules which mean that transfers between domiciled and non-domiciled spouses are subject to inheritance tax.
Tax & Regulation | 29 Oct 12
hmrc more than doubles revenue
HM Revenue & Custom’s increasingly aggressive approach to tax avoidance has led to a 64% rise in the revenue it generated from investigations into self assessment tax returns in the 2011-2012 tax year.