IHT and wealth firmly in taxman’s crosshairs
Inheritance and capital gains tax receipts rising at faster pace than income and spending revenues
CGT
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Examining the complexities of multi-jurisdictional planning
Work through a real-life case study involving a complicated multi-jurisdictional scenario
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Nucleus launches capital gains tool
UK adviser-built wrap platform Nucleus has launched a capital gains tax (CGT) tool, Narrate CG.
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Expats selling UK homes must meet CGT reporting deadline
Non-residents selling property in the UK who fail to report their capital gains tax liability to HM Revenue & Customs within 30 days will be hard pressed to plead ignorance, despite precedence, following two recent tax tribunal judgments.
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High net worth clients to bear brunt of Belgian tax reform
High net worth individuals might end up footing the bill for the forthcoming corporate income tax overhaul in Belgium.
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Five common mistakes UK expats make about domicile and tax
British expats still have some crucial misunderstandings about their domicile status and tax position that could leave them and their loved ones financially exposed and even land them in trouble with HM Revenue & Customs, warns Rachael Griffin, financial planning expert at Old Mutual Wealth.
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CGT and IHT may fall victim to ongoing UK election stalemate
Attractive exemptions to the inheritance tax (IHT) regime as well as low capital gains tax rates could face the chopping block amid concerns that Britain is heading for a second general election this year.
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Capital gains tax in Portugal, how does it work?
Capital gains tax (CGT) liabilities in Portugal depend on whether a client is resident, non-resident or approved under the non-habitual residents regime, explains Jason Porter, director of European IFA firm Blevins Franks.
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HMRC collects £140m in CGT crackdown
HM Revenue & Customs collected an additional £140m ($174m, €164m) from investigations into unpaid capital gains tax (CGT) by wealthy individuals and other taxpayers.
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UK to water down non-dom CGT reforms on offshore trusts
The UK government is considering plans to water down upcoming reforms to the tax rules governing non-UK domiciles whose permanent home is based overseas, due to concerns they may force out Britain’s wealthiest foreigners.
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Further tax cuts predicted as Hammond becomes UK chancellor
Britain’s new prime minister Theresa May has appointed former foreign secretary Philip Hammond as chancellor of the exchequer with a leading expert predicting he may delay long-awaited reforms to non-UK domiciles.
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IFA warns of capital gains tax hike on expat homes in Europe
British expats living in Europe could be hit with higher rates of capital gains tax (CGT) on their homes if Britain decides to leave the European Union on Thursday, international IFA firm Blevins Franks has warned.