IoM Chief Minister backs Cameron over tax 22/05/2013 The Isle of Man's Chief Minister, Allan Bell MHK, has welcomed a letter from David Cameron calling on all Britain’s Crown Dependencies and Overseas Territories to continue working with the United Kingdom on tax transparency.
Speechly Bircham issues guidance as 31 May Swiss/UK tax deadline looms 21/05/2013 n the summer of 2011, the UK and Swiss tax authorities entered into an agreement aimed at regularising undeclared Swiss bank accounts owned by UK resident individuals. International law firm Speechly Bircham has warned that 31 May is a key deadline for the Agreement, by which date affected individuals must have decided how they would like their Swiss account to be treated under the Agreement or provided evidence to their bank that the Agreement does not apply to them, or otherwise they will face a potentially disadvantageous default option of a lump sum being withheld from the account to satisfy historic UK tax liabilities.
A second bite of the cherry? 20/05/2013 Emily Brand and Anna-Laura Lock at law firm Winckworth Sherwood look at the time limitations on revisiting a divorce and whether a change in an ex-husband's financial circumstances leaves the door open for further claims.