Current affairs

There 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.

Isle 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 ...

If 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!

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 ...