The largely anticipated “American Taxpayer Relief Act of 2012” was signed in to Law by President Obama on 2 January 2013.
Read MoreAs 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 ...
Read MoreA 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 ...
Read MoreThis year’s Autumn Statement turned out to be particularly non-eventful from a tax perspective.
Read MoreHMRC 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 ...
Read MoreAccording 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 ...
Read MoreAs has long been suspected, JP Morgan have been in talks with HMRC to settle their protracted dispute concerning the bank's EBT structure.
Read MoreHeather 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 ...
Read MoreIt 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 ...
Read MoreThe 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 ...
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