Tax Developments

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Global wealth rises nearly five percent - Credit Suisse's 2018 Global Wealth Report

19/10/2018

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Aggregate global wealth rose by $14.0 trillion (4.6 percent) to $317 trillion during the twelve months to mid-2018, outpacing population growth, ...

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OECD clamps down on 'golden passport' schemes

17/10/2018

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Malta, Cyprus and the United Arab Emirates are among the countries whose citizenship and residence by investment schemes (CBI/RBI) have been ...

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First Caribbean country joins OECD Development Centre

15/10/2018

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The Dominican Republic has become the first Caribbean member of the OECD Development Centre and the 39th country overall.

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Heterosexual civil partnerships: The tax angle

15/10/2018

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Following the news that heterosexual couples can use civil partnerships in the UK, Kingston Smith's Lynne Rowland and Mahendree Naidoo have ...

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HMRC to grant £1.6 million to support vulnerable taxpayers

12/10/2018

HMRC will allocate £1.6 million between April 2019 and 2020 to the voluntary and community sector (VCS) to support UK taxpayers ...

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Why the end of Requirement to Correct doesn't end your requirement to correct

10/10/2018

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With the Requirement to Correct (RTC) notification deadline of 30 September 2018 now gone, taxpayers who subsequently discover inaccuracies in their ...

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Protocol to amend DTA between Switzerland and Latvia enters into force

09/10/2018

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The Swiss Federal Council has revealed that the protocol to amend the double taxation agreement (DTA) between Switzerland and Latvia with ...

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UK stamp duty tax receipts increase by six percent

08/10/2018

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Stamp duty taxes receipts increased by six percent to £16.425 billion between 2016-17 and 2017-18, according to statistics released by HMRC

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Revenue Scotland reports increases in tax receipts

05/10/2018

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Scotland's tax authority, Revenue Scotland, raised revenue of £707 million in land and buildings transaction tax (LBTT) and Scottish landfill tax ...

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FATF report finds Saudi Arabia need to do more to combat money laundering

04/10/2018

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The Kingdom of Saudi Arabia is achieving good results in fighting terrorist financing, but needs to focus more on pursuing larger ...

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