As recently reported in the FT, the levy on non-domiciled individuals raised £178m for the UK exchequer for the 2011-12 tax year. This represents a 6% rise on the prior year, and the highest figure ...
Read MoreFollowing the automatic tax information exchange agreement between the UK and the Cayman Islands, signed on 5 November 2013, HMRC has written to UK resident individuals it understands hold bank ...
Read MoreIt has been reported in today’s press that London now surpasses New York as the leading city for property investment for foreign investors, according to a survey released yesterday by the ...
Read More2012/13 UK TAX RETURNS & LATE FILING PENALTIES
This article centres around 2 key questions:
Read MoreIt is always disappointing to hear news of redundancies, but sadly the likes of Reuters and Barclays have announced some fairly major cutbacks of late. One slightly nicer side to severance packages ...
Read MoreToday saw the Chancellors Autumn Statement, which now seems to fall traditionally in early December!
Read MoreIf you have recently started a new role with a UK employer following completion of your under graduate, and/or post graduate studies you will probably be aware that you will be subject to UK income ...
Read MoreIt was reported in today’s FT that HMRC issued 915,000 penalties for late filed 2011/12 Tax Returns. This is likely to have amounted to over £100,000,000 in penalties being paid. These penalties ...
Read MoreA national newspaper has this week run a series of articles that highlight the perceived abuse of a tax exemption involving many high profile companies. In our view, this appears to be another case ...
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