Current affairs

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 ...

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 ...

The annual allowance rules which took effect from 6 April 2011 lowered the maximum annual amount that an individual can contribute into his or her pension savings whilst benefiting from higher rate ...

HMRC have announced a massive £600million windfall from individual taxpayers failing to submit their 2010-11 tax returns on time. Our previous blog highlighted the harsh new penalty regime, and it ...

It is often said that the UK’s current anti-avoidance rules for “offshore” structures are inconsistent with EU law, and it comes as no surprise that HMRC have published a consultation document ...

The majority of businesses now have an international context to their operations. This may comprise simply of having suppliers or customers overseas and can extend to having a full global outreach ...

In a welcome move, HMRC have entered into a consultation process concerning the inheritance tax (IHT) regime for trusts. This is one of the more obscure and computationally complex areas of UK tax ...

As was widely expected, the change in government in France has led to various changes to the French tax system, not least to the French wealth tax regime. This has been an area of continual change ...