Tax Developments

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UK taxpayers who fail to disclose offshore gains will face imprisonment, Blick Rothenberg warns

21/06/2018

UK taxpayers who fail to disclose offshore income or gains, either by failing to notify HMRC of their chargeability to UK ...

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First exchange of large multinationals' country-by-country reports to begin at end of June

21/06/2018

Eprivateclient.com

At the end of June 2018, Switzerland's Federal Tax Administration (FTA) will for the first time send multinational groups' country-by-country reports ...

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Russian federal tax service further tightens beneficial ownership requirements

20/06/2018

Eprivateclient.com

The Russian Federal Tax Service has recently issued its new guidance summarizing Russian court practice on applying the Russian beneficial ownership ...

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HMRC appoints interim general counsel

20/06/2018

Eprivateclient.com

HMRC has appointed an interim general counsel and solicitor

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A one percent rise in income tax could pay NHS budget increase, Blick Rothenberg says

19/06/2018

Eprivateclient.com

A one percent increase on income tax and national insurance could pay for the 3.4 percent increase to the NHS budget ...

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Latest UK tax gap figures result in £71 billion for UK public services

18/06/2018

The UK tax gap for 2016/17 stands at 5.7 percent, HMRC confirmed last week (15/06/2018)

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The week on eprivateclient: Inaugural Channel Islands Top 35 Under 35 revealed

15/06/2018

Eprivateclient.com

A summary of the top stories featured on eprivateclient this week

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IHT rules 'must be simplified' in order to close the gap

15/06/2018

Complex rules around inheritance tax (IHT) must be "simplified" in order to close the gap, according to law firm Collyer Bristow, ...

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Where spooked Mid and Far-East wealth is seeking a bomb-proof new home

15/06/2018

Eprivateclient.com

Much of Jersey's new business in private wealth management nowadays is coming from the Middle East and the Far East, ...

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40 percent of HNW individuals would consider leaving the UK if taxes increase, research finds

15/06/2018

Eprivateclient.com

Almost three in four (73 percent) high net worth individuals (HNWIs) think taxes will increase in the next 12 months, with ...

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