CGT
Tax & Regulation | 16 Feb 17
HMRC collects £140m in CGT crackdown
HM Revenue & Customs collected an additional £140m ($174m, €164m) from investigations into unpaid capital gains tax (CGT) by wealthy individuals and other taxpayers.
Tax & Regulation | 24 Oct 16
UK to water down non-dom CGT reforms on offshore trusts
The UK government is considering plans to water down upcoming reforms to the tax rules governing non-UK domiciles whose permanent home is based overseas, due to concerns they may force out Britain’s wealthiest foreigners.
Tax & Regulation | 14 Jul 16
Further tax cuts predicted as Hammond becomes UK chancellor
Britain’s new prime minister Theresa May has appointed former foreign secretary Philip Hammond as chancellor of the exchequer with a leading expert predicting he may delay long-awaited reforms to non-UK domiciles.
IFA warns of capital gains tax hike on expat homes in Europe
British expats living in Europe could be hit with higher rates of capital gains tax (CGT) on their homes if Britain decides to leave the European Union on Thursday, international IFA firm Blevins Franks has warned.
India imposes first CGT on Mauritian inflows in 30 years
The Indian government is set to impose a capital gains tax (CGT) on investments coming from Mauritius in bid to tackle tax evasion.