United Kingdom
Tax & Regulation | 27 Nov 15
HMRC U-turns on loans secured on untaxed foreign funds
HM Revenue & Customs quietly backtracked several weeks ago on changes it made to loans secured against untaxed foreign funds.
Tax & Regulation | 26 Nov 15
Experts weigh in on the Autumn Statement
Members of International Adviser’s Tax & Technical Panel give their views and insights on chancellor George Osborne’s joint Autumn Statement and Spending Review.
Barclays fined record £72m for failing to ‘minimise crime’
The Financial Conduct Authority (FCA) has fined Barclays Bank a record amount for failing to minimise the risk that it may be used to facilitate financial crime.
Tax & Regulation | 25 Nov 15
Changes to capital gains tax for non-UK residents
Non-UK residents disposing of UK residential properties will no longer face potential double charges that occur in some circumstances, Osborne announced in his joint Autumn Statement and Spending Review on Wednesday.
Tax & Regulation | 25 Nov 15
Osborne targets tax avoiders with 60% penalty
A new penalty of 60% on tax due will be levied against tax avoiders in all cases successfully tackled by the General Anti Abuse Rules (GAAR), Osborne announced in his joint Autumn Statement and Spending Review on Wednesday.