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Latest UK & International Investment and Savings News



Tax experts appeal to UK tax officials to be sympathetic over new non-dom rules

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News - Tax
Written by Ray Clancy   
Wednesday, 27 January 2010 09:17
New tax rules for UK resident non-doms are complex and unless officials are sympathetic it could cause many to leave the country, experts are warning.
 

Tax plans will make UK funds more competitive with offshore investments

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News - Tax
Written by Ray Clancy   
Thursday, 21 January 2010 10:53
The British government has issued draft regulations that will remove tax on non-reporting offshore funds in a move that is expected to make UK funds more competitive.
 

Just over 10,000 people with untaxed income in offshore accounts have taken advantage of the Government's latest amnesty.

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News - Tax
Thursday, 07 January 2010 16:06
Her Majesty’s Revenue & Customs (HMRC) believe there are up to 5,000 British investors with an estimated £2bn-£3bn in secret Liechtenstein accounts.
 

HMRC deadline closed on 4 January

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News - Tax
Tuesday, 05 January 2010 16:30
The deadline for taxpayers with undisclosed offshore investments to come forward under the New Disclosure Opportunity (NDO) expired on 4 January 2010.
 

Investors with offshore assets have less than a week to take advantage of UK tax authorities amnesty

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News - Tax
Written by Ray Clancy   
Wednesday, 30 December 2009 17:45
UK investors with offshore bank accounts who have not notified tax authorities of their existence have less than a week left to reveal undisclosed assets or face a full investigation into their tax status.
 

Switzerland refuses to co-operate with tax authorities in cases involving stolen bank data

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News - Tax
Written by Ray Clancy   
Monday, 25 January 2010 11:07

Switzerland will not cooperate with foreign authorities on tax cases where client data has been stolen from banks, its Finance Department has announced.

 

Investment in land has strong potential for short and medium term, analysts say

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News - Tax
Written by Ray Clancy   
Tuesday, 12 January 2010 10:07
There are still useful tax benefits both in trading and owning land in the UK as well as potential windfalls from future development, according to analysts.
 

Tax changes for those moving abroad

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News - Tax
Thursday, 07 January 2010 09:41
An accessible and comprehensive guide to everything from tax matters to making the most of your money once you move abroad, from international banking to currency transfers moving abroad at least semi-permanently can change the way you pay tax and the amount you owe – sometimes for the better! 
 

UK government responds to artificially high capital gains tax on foreign currency accounts

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News - Tax
Monday, 04 January 2010 09:20
British citizens who are liable to tax on their foreign income via foreign bank accounts are set to benefit from changes to the capital gains tax rules as part of the UK’s Finance Bill 2010.
 

Canadian crackdown on offshore investment tax evasion underway

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News - Tax
Wednesday, 16 December 2009 10:07
Every bank in Canada could be required to hand over lists of clients who have offshore bank accounts as part of a major crackdown on tax evasion.
 
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