Court rules French social taxes unjust
Non-French residents will no longer have to pay social charges on unfurnished rental income or capital gains on French property after the taxes were ruled as “discriminatory” by the European Court of Justice.
CGT
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thousands of expats caught up in tax
UK chancellor George Osborne is expected to announce that capital gains tax will be charged on British property sold by overseas nationals and expats, the Daily Telegraph of London is reporting today.
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alarm among uk wealth managers over
UK accountants are expressing concern over the implications of a recent High Court ruling which appears to suggest that practitioners have an obligation to advise their clients to avoid paying tax.
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thoughts to consider when returning to UK
Graeme Stenson, private client tax specialist at Kleinwort Benson in London, looks at some of the key tax issues British expatriates face when they return home for good.
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PwC survey: 80% think Emergency Budget wont stop UK corp migration to more attractive business de
A PwC poll of business execs found 19% thought last week’s budget would slow UK business exodus.
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Advisers more likely to use offshore bonds following CGT change
International advisers are more likely to use offshore bonds following the rise in CGT.
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CGT rise will see offshore bonds inflows ‘in weeks’
The increase in capital gains tax from 18% to 40% may boost offshore bond sales, say commentators