HMRC have again intimated that they are comfortable with the concept of so-called "Discounted Gift Trusts" which can be used as part of an inheritance tax mitigation strategy.
Read MoreDraft forms received
The IRS has received for public comment, draft versions of three forms which will be required in the compliance with FATCA. This is a much anticipated move that many ...
Read MoreForm TD 90-22.1 FBAR
This is a reminder that, the deadline for filing the 2012 Report of Foreign Bank Accounts (FBAR) is 28 June 2013. If you would like assistance with your taxes please contact the ...
Read MoreFor US citizens and resident aliens residing overseas the due date for tax filing is fast approaching.
Read MoreHMRC have issued revised guidance on the Statutory Residence Test and the operation of Overseas Workdays Relief (OWR) in this “brave new world”.
Read MoreBackground
The headlines are full of new and extended tax reliefs for SMEs and employee owned businesses, but one area that seems to have been passed over is the further clamping down on loans ...
Read MoreA new disclosure facility has been launched by HMRC, the Property Sales campaign.
Read MoreThere was little in this year’s Budget which had not already been leaked in the press it would seem. However, the devil as always is in the detail.
Read MoreIsle of Man / UK Tax Agreement and Disclosure Opportunity
As anticipated the Isle of Man (IOM) has signed a tax agreement with the UK tax authorities. As a result, a range of financial information ...
Read MoreIf you believe you have overpaid tax or missed claiming some relief in an earlier year then you should reclaim this from HMRC before it is lost for good!
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