hmrc writes to 6000 hsbc geneva customers
HM Revenue & Customs has this week begun writing to 6,000 UK residents who hold or held accounts with HSBC in Geneva, Switzerland, inviting them to disclose any tax irregularities.
HM Revenue & Customs has this week begun writing to 6,000 UK residents who hold or held accounts with HSBC in Geneva, Switzerland, inviting them to disclose any tax irregularities.
The Geneva operation of Lloyds TSB Private Banking is set to consolidate its support functions and a part of its international executive team in Eysins, in the district of Nyon, Canton Vaud, outside Geneva.
Skandia International said gross sales of its single premium portfolio bonds helped it to continue to grow total sales, despite continued volatility in global markets.
The number of advisers who say they are recommending offshore bonds to their clients has leapt 70% from 30 months ago, research conducted on behalf of Legal & General International (Ireland) reveals.
Tax experts say advisers of UK taxpayers who own offshore property should take note of HM Revenue & Customs latest tax crackdown announcement, which promises to target, initially, wealthy tax cheats who avoid paying tax on gains from their foreign property holdings.
The UKs Serious Fraud Office has launched a whistleblower hotline to encourage members of the public to help unmask fraud and bribery.
International law firm Conyers Dill & Pearman has appointed Charles Collis as head of its London office.
Spokesmen for depositors who lost money in the collapse of Guernseys Landsbanki and the Isle of Mans Kaupthing Singer & Friedlander subsidiaries said they were disappointed by a decision on Friday by an Icelandic court, which will ensure some other losers in the collapse of Icelands major banks will get back most of their money…
Coutts & Co is to drop the RBS branding from its international business from tomorrow, it has been confirmed.
• Learn the benefits of personalised portfolio bonds • Understand time-apportionment relief • Discover the pitfalls that can occur with offshore bonds
The FSA has fined Credit Suisse £5.95m for systems and control failings related to sales of structured capital at risk products in the UK.
Global accountancy company PriceWaterhouseCoopers has been criticised by judges ruling on two high profile tax residency cases in the UK.