UK middle-income earners ‘sucked into tax schemes’ confess
Research finds St Albans, Edinburgh and Slough are top three for individuals admitting unpaid tax
Research finds St Albans, Edinburgh and Slough are top three for individuals admitting unpaid tax
HMRC is treating inheritance tax as an increasingly lucrative source of income
The targeting of footballers’ tax affairs is among the reasons the UK Exchequer netted 29% more from the rich last year.
The amount of inheritance tax saved by leaving money to charities in the UK is predicted to surpass £900m (€1,027m, $1,159m) in the next financial year, following a sharp increase in the amount of charitable donations left in wills.
Bernard Fay has been appointed as chairman at UHY, which the accountancy and consultancy network says reflects its members’ increasingly international focus.
More than two thirds of the £3.2m in compensation owed to investors of Hartmann Capital has been paid out after the firm was shut down by the Financial Conduct Authority for having a £1.5m shortfall in clients’ money.
The joint special administrator of Hartmann Capital has completed the first stage of its unwinding of the London-based investment company, and revealed that client monies as of Monday totalled £23.7m ($39.4m, 28.8m), while it held client equities worth around £39.8m.
The UK is one of the world’s best placed countries to trade with, in part thanks to its tax policy, according to a new study from global accountancy network UHY.
The amount of additional tax recovered by HM Revenue & Customs following investigations into personal tax returns has increased by almost 40% since last year.
Governments in Europe and Asia are targeting wealthy property buyers with higher stamp duty fees in an attempt to help plug their fiscal deficits, according to new research by UHY International.
UHY Dawgen and Paul Goldson & Company, both based in Jamaica, have announced plans to merge.
Global accountancy network UHY, which last month appointed a new chairman, has expanded its presence in both the Americas and Asia with two new members.