Latest UK & Offshore Investment, International Finance and Savings News



Jersey and Guernsey consider joint Brussels office to boost their tax negotiation clout

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News - Tax
Written by Ray Clancy   
Tuesday, 30 March 2010 08:21
The Channel Islands  are discussing the possibility of opening an office in Brussels, to be funded on a joint basis, to increase the representation of the islands to the European community.
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UK budget extends clampdown on offshore tax evaders but Liechtenstein Disclosure Facility offers cheaper get out

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News - Tax
Written by Ray Clancy   
Thursday, 25 March 2010 10:08
UK chancellor Alistair Darling is extending the government clampdown on tax evasion with penalties of up to 200% of the tax due for individuals caught squirreling away money offshore.
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Tax rises are the biggest threat to finances for investors, research shows

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News - Tax
Written by Ray Clancy   
Wednesday, 24 March 2010 09:38
Tax rises are the biggest financial worry for investors and confidence in the stock market has fallen slightly, according to new research.
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Tightening tax regime prompts thousands of wealthy non-doms to leave UK, research shows

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News - Tax
Written by Ray Clancy   
Tuesday, 23 March 2010 09:22
Thousands of wealthy UK non-doms have left the country due to tax changes which they claim make them feel unwelcome and unable to invest.
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Waves of prosecutions over hidden offshore accounts set for US, tax investigator reveals

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News - Tax
Written by Ray Clancy   
Thursday, 18 March 2010 10:04
US tax authorities are expected to launch another prosecution against a foreign bank soon, similar to the tax evasion case they pressed against Switzerland's UBS, it has been revealed.
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Swiss officials to draw up new rules for foreign clients with undeclared tax

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News - Tax
Written by Ray Clancy   
Monday, 29 March 2010 08:28
Switzerland’s financial regulator is to draw up rules setting out the conditions under which banks can manage funds of foreign clients that have not been declared for tax.
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Budget announcement paves way for UK domiciled funds to compete on level with offshore funds

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News - Tax
Written by Ray Clancy   
Thursday, 25 March 2010 10:06
UK domiciled funds will be able to compete on a level playing field with offshore funds under an ammendement to the Schedule 19 Stamp Duty Reserve tax regime announced in yesterday's budget.
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New US law to affect individual investors, hedge funds and private equity groups

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News - Tax
Written by Ray Clancy   
Tuesday, 23 March 2010 09:25

A crackdown on investment from offshore tax havens could have a major impact on anyone who wants to invest in US assets from overseas, it is claimed.

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British banking chief outlines commitment to change and re-paying taxpayers who bailed out failures

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News - Tax
Written by Ray Clancy   
Monday, 22 March 2010 09:39
British banks are committed to repaying taxpayers in full for their support during the financial crisis, in addition to paying an extra £14 billion in fees, the British Bankers Association said yesterday.
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Restoration of dividend tax credit called for as investors say it is least painless option

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News - Tax
Written by Ray Clancy   
Monday, 15 March 2010 09:05
A large number of British investors want the dividend tax credit restored in next week’s budget rather than what they consider less favoured options, according to a new poll.
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