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HMRC

Call to sort out IHT ‘mess of complexity and uncertainty’

Tax & Regulation | 8 Dec 15

Call to sort out IHT ‘mess of complexity and uncertainty’

The influential chairman of the UK’s Treasury Select Committee has called for a more simple approach to the planned rise in the inheritance tax threshold for the estates of those who die on or after 6 April 2017.

Top UK cricketers caught up in film scheme losses

Tax & Regulation | 7 Dec 15

Top UK cricketers caught up in film scheme losses

Several former England cricket captains have been caught up investing in disputed film schemes that have also seen many high-profile footballers lose millions.

UK tax evaders given one last chance to come clean

Tax & Regulation | 27 Nov 15

UK tax evaders given one last chance to come clean

The financial secretary to the Treasury, David Gauke, launched a campaign warning offshore tax evaders that HM Revenue & Customs (HMRC) will start to receive details on UK taxpayers from more than 90 countries.

Isle of Man chief calls Osborne’s tax clampdown ‘unrealistic’

Tax & Regulation | 27 Nov 15

Isle of Man chief calls Osborne’s tax clampdown ‘unrealistic’

Isle of Man chief minister Allan Bell has predicted that George Osborne will struggle to raise the additional £5bn a year from clamping down further on tax avoidance and evasion, identified as a new target in the UK Government’s Autumn Statement.

HMRC U-turns on loans secured on untaxed foreign funds

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.

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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.