New Zealand KiwiSaver schemes fall off HMRC QROPS list
The number of New Zealand-based pension schemes on the latest HMRC approved list, released on 19 May, has dropped to 34 from 57, with KiwiSaver schemes notably absent from the remainder.
HMRC
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HMRC deadline nears for UK non-doms, Pinsent Masons warns
People with non-domiciled tax status living in the UK who wish to preserve the anonymity of their offshore finances must notify HMRC by 30 May, warns international law firm Pinsent Masons.
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Non-doms remain under threat despite Labour defeat
Changing legislation and rising charges will mean that non-doms cannot rest on their laurels following the election of a majority Conservative government in the UK general election last week, warns law firm Stephenson Harwood.
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HMRC non-dom crackdown set to increase under new government
HM Revenue & Customs’ increasing scrutiny of internationally-mobile high net worth individuals is likely to continue under the new Conservative government, say law firm RPC.
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HMRC to issue new tax avoidance scheme list
HM Revenue & Customs will publish a new list of reference numbers for tax avoidance schemes which may be subject to accelerated payment notices.
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HMRC ramps up investigations into quick rich earners
The tax affairs of individuals with rapidly rising wealth are to come under more intense scrutiny by HM Revenue & Customs.
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DeVere set for aggressive UK expansion
International advice firm deVere has announced plans to “aggressively develop” in the UK and capitalise on the area’s improving economy and pension changes.
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HMRC sees fall in tax evasion info requests to
HM Revenue & Customs contacted foreign governments on 490 separate occasions in one year as it sought information on suspected tax evasion, a drop of 150 information requests compared to the previous year.
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HMRC to introduce strict liability offence
HM Revenue & Customs plans to introduce a new strict liability criminal offence on both offshore tax evaders and those who help them following the UK Governments clampdown on tax dodging in yesterdays Budget.
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Liechtenstein Disclosure Facility to end early
The UK Government has announced in todays Budget that it will close the Liechtenstein Disclosure Facility (LDF) half a year earlier than expected in order to make room for a tougher disclosure facility.
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Concept removes upper limit on Aurora Lite offering
Guernsey-headquartered QROPS provider Concept Group has removed the upper limit on its Aurora Lite offering and waived transfer fees into and out of its Gibraltar-based schemes.
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Two thirds of Britons oppose HMRC
Two thirds of Britons are opposed to the UK Governments ability to demand the payment of disputed tax without passing through the court system, a poll released today has found.