Advisers whose clients are among the 65,000 individuals and businesses said to be under investigation for having used UK tax avoidance schemes, are being told that they should begin urging these clients to line up the cash necessary to pay the disputed amount by early autumn.
Specialists who advise expatriates on their UK tax affairs have flagged up a possible threat to such expatriates’ personal allowances that was contained in Chancellor George Osborne’s Budget last week.
Beer drinkers and players enjoying free bingo games to play were not the only ones Chancellor George Osborne addressed in his budget; as Prudential’s Gerry Brown reports, he included provisions affecting non-natural persons, Offshore employment intermediaries, and other individuals and entities of the offshore world...
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.
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.
Gerry Brown, technical manager of Prudential, says in years to come, George Osborne's 2013 Budget might come to be regarded as one of the most memorable Budgets – at least from an "offshore" perspective.
What did Chancellor George Osborne really say in his Budget speech yesterday…and what unremarked-on points lay hidden in the full, 112-page Budget document? We asked some experts…
Just a few days now until the UK budget on the 20th March. Certainly a big day for the Chancellor given triple dip fears, loss of that topflight credit rating, and falling tax receipts putting the deficit reduction plan at risk.
George Osbornes 2012 Budget was promoted as benefitting Britains less well off, but as the dust settled on the 114-page document this afternoon, it seemed few are likely to benefit quite so much as those tax experts who specialise in translating what it all means to the wealthy, international individuals who are their clients.
Neil Chadwick, Royal London 360 Technical Marketing Manager, looks at the non-dom remitance fee hike
Unveiling his Budget, George Osborne said non-doms living in the UK 12 years will now pay £50,000
A PwC poll of business execs found 19% thought last week’s budget would slow UK business exodus.
