only a brave man would bet on
Financial experts reacted positively to David Camerons proposed reform to the inheritance tax (IHT) threshold but doubted the reality of its implementation.
Tax & Regulation
-
-
chancellor uses budget to scare tax cheats
Legislation enabling HM Revenue & Customs to be able to demand upfront payment of tax it claims it is owed, but which is in dispute, was among a range of measures UK Chancellor George Osborne unveiled in his budget today.
-
what the experts said the 2014 Budget
Cuts to the bingo tax and beer duty by George Osborne in his 2014 Budget yesterday gave the UK press something to feast on late yesterday and earlier today, while those whose annual job it is to analyse the significance of some of Osborne's other changes attempted to make sense of them.
-
upfront payment of contested amounts
Legislation that would enable HM Revenue & Customs to be able, in certain cases, to demand upfront payment of tax it claims it is owed, but which is in dispute, was among a wide-ranging package of measures UK Chancellor George Osborne announced in his budget today.
-
anti fofa campaigner sinodinos steps
Arthur Sinodinos, the Australian government official who was one of the main proponents of a plan to weaken FOFA, Australia’s recently-enacted financial services reforms package, is to “stand asidefollowing revelations about his connection to an ICAC [Independent Commission Against Corruption] inquiry in New South Wales”, The Australian is reporting today.
-
guernsey ex minister denies private eye
Peter Harwood, Guernseys former chief minister, has vigorously denied allegations made by satirical magazine Private Eye about the actions of former board members of the now liquidated Channel Islands Stock Exchange.
-
german football president jailing
The three-and-a-half year sentencing of Bayern Munich president Uli Hoeness last week for tax evasion has lead to calls for tougher attitudes toward tax cheats from senior German lawmakers.
-
former playmate of the year jailed
A former Playboy bunny and the president of Bayern Munich football club were both jailed for tax evasion today.
-
eu parliament votes in favour of public
The ultimate owners of companies and trusts will have to be listed in public registers in EU countries, under draft anti-money laundering rules approved by the European Parliament on Tuesday.
-
australias regulator to monitor fofa changes
The man behind plans to make major changes to Australia’s answer to RDR, assistant treasurer Arthur Sinodinos, took to Australian national television Tuesday night to discuss the controversial plans, and revealed that the Australian Securities and Investments Commission would be tasked with monitoring the changes, if they go ahead.
-
hmrc under fire over plans to force payment
Proposals by HM Revenue & Customs to group together similar tax avoidance cases have come under further fire from industry experts.
-
Celebrities in firing line as HMRC looks to recoup
Celebrities including David Beckham and Andrew Lloyd Webber could face a bill of £1bn after a film scheme they invested in is accused of tax avoidance.