Tax Developments

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HMRC chasing 2,000 overseas residents for using tax avoidance schemes

18/02/2019

Eprivateclient.com

HM Revenue & Customs (HMRC) is pursuing 2,000 overseas residents for using controversial tax avoidance schemes similar to those used by ...

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UK Government stats show trusts income has plunged by £500 million

15/02/2019

The number of trusts and estates for which a full self-assessment (SA) are required has fallen to 156,500 in 2016-17 from ...

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Non-resident buyers in the UK could face SDLT surcharge

12/02/2019

Eprivateclient.com

Theresa May has published a consultation paper on a Stamp Duty Land Tax (SDLT) surcharge of one percent for non-resident buyers ...

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Pakistan's 50 top taxpayers invited for dinner hosted by Prime Minister

08/02/2019

Eprivateclient.com

Pakistan's top 50 taxpayers of 2018 are being invited to a dinner hosted by Prime Minister Imran Khan, according to the ...

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Inheritance plays major role in home ownership, Collyer Bristow finds

07/02/2019

Eprivateclient.com

The number of people taking out mortgages has increased for the first time in a decade, representing an increase in homeownership ...

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Former Man Utd boss sentenced to a year in jail by Spanish court over tax fraud

06/02/2019

The former manager of English Premier League side Manchester United, Jose Mourinho, has accepted a prison term for tax fraud in ...

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HMRC gives inheritance tax boost to vineyards

06/02/2019

Eprivateclient.com

HMRC has updated its guidance notes on what constitutes agricultural use of land for Inheritance Tax (IHT) extending its definition of ...

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North East UK engineering company boss jailed for £5.9m tax fraud

06/02/2019

A North East UK engineering company boss has been jailed for more than eight years for a £5.9 million tax fraud

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Over 93 percent of UK taxpayers file returns before 31 January deadline

04/02/2019

Eprivateclient.com

A record percentage (93.68) of Self Assessment tax returns were completed by the 11.59pm 31 January 2019, HMRC revealed.

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HMRC's Stamp Duty Land Tax figures paint a mixed picture

01/02/2019

Eprivateclient.com

More than 241,000 first time buyers have benefited from not paying Stamp Duty Land Tax (SDLT), with First Time Buyers Relief ...

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