• London
    +44 (0) 20 8037 1100
  • Leeds
    +44 (0) 113 426 9301

Is there Devil in the Detail?

Further to our previous article we now have the full draft legislation which will apply the new Annual Residential Property Tax (ARPT) and Capital Gains Tax (CGT) charges relating to certain ...

Read More

American Taxpayer Relief Act of 2012 signed by President Obama

The largely anticipated “American Taxpayer Relief Act of 2012” was signed in to Law by President Obama on 2 January 2013.

Read More

Taxing Problem for High-Value Property

As expected, the Finance Bill released yesterday revealed details of the new Annual Residential Property Tax which is to apply to high-value (£2m+) UK residences owned by certain "non-natural ...

Read More

Isle of Man to share clients bank information with the UK

A deal has been made with the Isle of Man which will see details of bank accounts held on the Island revealed to HMRC, under the terms of an automatic exchange of information. It has been speculated ...

Read More

Much Ado About Nothing

This year’s Autumn Statement turned out to be particularly non-eventful from a tax perspective.

Read More

HMRC turn up the heat

HMRC are busy reminding taxpayers with Swiss accounts that they only have until 1 January to make a full disclosure of their Swiss assets. The rather stark alternative is to suffer the one-off ...

Read More

Whistleblower reveals offshore HSBC accounts

According to a report in the Daily Telegraph, HM Revenue and Customs (HMRC), the UK tax authorities, have obtained details of every British client of HSBC in Jersey after a whistleblower secretly ...

Read More

JP Morgan EBT - settlement with HMRC draws closer...

As has long been suspected, JP Morgan have been in talks with HMRC to settle their protracted dispute concerning the bank's EBT structure.

Read More

Tap in the Press!

Heather considers how the abolition of Extra Statutory Concession C16 (which allowed certain business owners to wind up their companies and extract the cash as capital rather than dividends without ...

Read More

Avoid late filing and payment penalties

It was well publicised that HMRC expected a windfall of up to £600 million as a result new late filing rules introduced last year. The new rules resulted in penalties being charged, even if taxpayers ...

Read More