Tax Avoidance Crackdown On Wealthy Expats In Spain

Wealthy British expats in Spain face a tax crackdown as huge amounts of information about their offshore finances is swapped with other countries. Spain’s tax authority, the Hacienda, has new powers and technology to scrutinise data received under the international common reporting standard. Under Spanish laws, every expat should have filed a Modelo 720 tax […]

Offshore Tax Avoidance Amnesties Ready To Close

Taxpayers who want to take advantage of reduced penalties by declaring secret offshore income and assets to HM Revenue & Customs (HMRC) have until the end of the year to bring their finances up to date. All the current offshore disclosure schemes will close on December 31, according to an announcement from HMRC. Although a […]