Tuesday, November 12, 2019
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Steven Wilson

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I’m editor-in-chief of a well-known tax publication, and I also contribute regularly to tax blogs for a host of industry-specific websites. My expertise lies in American tax issues and policy and I have reported and the repercussions of US federal tax law both in the States and further afield. I am British but have been living in Philadelphia for 14 years now. I have a First Class Honours Bachelors Degree in Tax Law from the Queen Mary University of London. In my spare time I adore reading, and a variety of American sports.

Tax Dodgers Warned They Can’t Hide Money Offshore Anymore

Tax authorities around the world are warning expats to own up to offshore tax avoidance as a new international data sharing network is switched on to full capacity. The Common Reporting Standard links tax services...

Top 20 Funds For Spreading Global Investment Risk

Neil Woodford’s demise as a celebrated fund manager has prompted many investors to diversify - but the problem is where to look for suitable investments. If you are making a single investment to spread across...
Thomas Cook

Pension Savers Left Stranded By Thomas Cook Collapse

The collapse of the world’s oldest travel company Thomas Cook has left thousands of workplace pension savers uncertain over what happens to their retirement savings. Although the firm closed the door on the workplace defined...

Too Much Tax Leads To Expats Returning US Passports

Red tape and the long arm of the US Internal Revenue Service are forcing one in five American expats to consider giving up their passports. In the first three months of this year, 1,018 Americans...
cryptocurrency bitcoin

How UK Crypto Traders Can Avoid Tax Pitfalls

Buying and selling cryptocurrencies can be a minefield for taxpayers who fail to keep accurate records, according to a leading online trading platform. In Britain, HM Revenue & Customs (HMRC), online platform eToro and the...

Police Tackle Record Number Of Investment Frauds

Fraud investigators are bracing themselves for a record number of claims as thousands of investors are losing money to scammers. More than 8,000 frauds have been received by the police’s National Fraud Intelligence Bureau this...
cryptocurrency bitcoin

£10 billion Bitcoin Court Case Stuck In Deadlock

An intense battle is going on behind the closed doors of a court in Florida, USA, to determine who could be crowned as the inventor of cryptocurrency Bitcoin. Satoshi Nakamoto is the name on the...
watch dog

Watchdogs Ban Tax Firm’s Misleading Ads After HMRC Complaint

Advertising watchdogs have banned financial advisers from marketing a scheme that claims to save stamp duty of up to 60% when buying a home. HM Revenue & Customs complained about the claims on the web...
theft

Millions Siphoned From Offshore Pension Fund

Pension directors sucked millions of pounds from money thousands of investors had staked against an offshore plantation scheme. Around 3,500 investors had ploughed £70 million in cash into Ethical Forestry Ltd, says the government’s business...
taxes

Taxpayer Who Owed No Tax Must Pay Late-Filing Penalties

The courts have backed HM Revenue & Customs for a second time for imposing thousands of pounds of self-assessment late-filing penalties on a  taxpayer who owed no tax. Barry Edwards had argued HMRC was unfair...
old man working

Record Number Of Over 70s Still Working

Age is no bar to working in retirement with record numbers of the over 70s refusing to stay at home, according to official data. The number of over 70s choosing to work after retirement has...
couple talking

Chatting About Money Takes Away Financial Stress

Taking about money can make you healthy, wealthy and wise, according to new research. Your health is improved by talking to family and friends about money matters because having a chat eases stress about finances. Wealth...
robo

Robo-Advice Platform With Cheaper Fees Undercuts Rivals

Gumtree entrepreneur Simon Crookall wants to lure investors to his online platform offering cheap robo-advice. For as little as a £2,000 investment to open an account, he is looking to steal business from rival robo-advice...
Money Down

Number Of Billionaires Drops As Their Wealth Shrinks

The combined wealth of the world’s billionaires dropped by 7% last year - while the number of billionaires also tumbled by 5.4%. This is the only setback for the world’s richest families since the financial...

Millennials Have Unrealistic Hopes For Inheritance

Millennials relying on an inheritance to help them buy a home have an unrealistic outlook, according to a new survey. Researchers found one in seven young adults were waiting for an inheritance before they reached...

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