Current affairs

A guide to coming clean to the IRS and getting up to date with your taxes

Fix it, fix it quickly, and don’t do it again. That’s what an IRS agent once said to me when I asked her how I can help my ...

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 ...

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

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 ...

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 ...

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

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 ...

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 ...

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

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 ...