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HMRC

law society call for body to veto tax policy

Tax & Regulation | 11 Jun 14

law society call for body to veto tax policy

The City of London Law Society has called for an independent body to be set up with the power to veto tax legislation as a way to avoid ‘huge damage’ to the UK tax regime’s reputation for stability.

HMRC trust proposals target IHT avoidance

Tax & Regulation | 9 Jun 14

HMRC trust proposals target IHT avoidance

HM Revenue & Customs has proposed a limit to the amount an individual can transfer into a series of trusts tax free, in its latest attempt to crack down on the use of multiple trusts to avoid inheritance tax (IHT).

One fifth accountants unaware of disclosure terms

Tax & Regulation | 4 Jun 14

One fifth accountants unaware of disclosure terms

One fifth of UK accountants and tax advisers have not told all their clients about the terms of the Liechtenstein Disclosure Facility, a survey has revealed.

hmrc criticised for sending letter to swiss

Tax & Regulation | 3 Jun 14

hmrc criticised for sending letter to swiss

HM Revenue & Customs has sent out another letter to UK holders of Swiss bank accounts warning that they must settle their liabilities, and giving them the option of using the Liechtenstein Disclosure Facility.

HMRC claws back extra bn from tax cheats

Tax & Regulation | 27 May 14

HMRC claws back extra bn from tax cheats

HM Revenue & Customs pulled in nearly £24bn of extra tax revenue last year following its controversial campaign to close in on tax avoidance.

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.