Current affairs

Changes in Russian Tax Law to Force Migration to UK

The Russian government has passed new tax legislation that will force Russian taxpayers to pay taxes in Russia on retained earnings of ...

UK and 51 jurisdictions to share financial account details of resident taxpayers

The UK has signed up to a new automatic information exchange agreement, with 51 jurisdictions. This includes the ...

It may have escaped landlords' attention that, as from 6 April 2013, HM Revenue & Customs have withdrawn the ‘renewals basis’, which is the concession that previously allowed a deduction for the ...

It is not unusual for an employee to receive a valuable signing on bonus, often referred to as a ‘golden handshake’ in exchange for accepting a role and committing to a minimum period of service. ...

A report in this weekend’s Financial Times highlighted that HMRC have collected £154M following investigations into ‘high-income workers who are non-UK citizens’.

Embracing the global economy

In an increasingly global marketplace, governments around the world are focussing on where profits are taxed and where they should be taxed. In 2013, the OECD and G20 ...

A new property taskforce has been launched by HMRC to tackle “taxpayers” who are not declaring property income in North West England and North Wales. It has been estimated that more than one million ...

If you are a British Expat or a non-resident UK tax payer you will have no doubt seen the news headlines in recent months:

Liechtenstein and the UK have signed a fourth joint statement updating the Liechtenstein Disclosure Facility (LDF). Our previous article here summarises some of the detail of the LDF, and little has ...

HMRC have withdrawn an important concession regarding the use of loans in the UK which are backed by non-UK assets.