Don’t Expect The Tax Man To Offer A Sporting Chance
Homeowners planning to make some extra cash from renting their properties to sports and festival fans this summer need to be on guard for the tax man. If potential renters …
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 …
Protest Grow Over Tax Demands For Accidental Americans
Thousands of people around the world are facing unexpected tax bills because they are Accidental Americans. Accidental Americans are those considered as US citizens by birth even if they have …
HMRC To Ask The Rich What They Think About Paying Tax
HMRC is spending £80,000 trying to find out how Britain’s wealthiest taxpayers feel about tax compliance. Researchers want to speak to these rich taxpayers but feels few will want to …
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 …
Start-Ups Fail To Cash In On SEIS Tax Breaks
Many entrepreneurs are not cashing in on the benefits of massive tax breaks offered by the government-backed Seed Enterprise Investment Scheme (SEIS). Although more than a thousand companies have applied …
India’s U-Turn On Tough Tax Laws
India’s controversial bid to crackdown on people avoiding tax has suffered a setback – and the new laws are now to sit on the backburner for two years. The General …
Tax Choices For Expats Living In Britain
If you live in the UK but have a main home in another country, HM Revenue and Customs has issued new guidance about how to pay taxes. Essentially, taxpayers need …
Tax Havens Snub ‘Son Of FATCA’
Secretive financial haven ministers are snubbing an agreement with the British government that would allow a two-way flow of information between tax authorities. Dubbed ‘Son of FATCA’ after a similar …
Expat landlords should file a UK tax return
It’s coming around to tax return time for British expats again – and many forget that if they are renting out a property back home they still have to file …
Spoof tax guide exposes the rich and famous
A spoof celebrity gossip magazine sending up how the wealthy manage their taxes to pay less has been published by the Trade Union Congress (TUC). The magazine – Kerching! A …