Tax Advice and Tax Planning

The list below is a collection of articles that refer to, mention or discuss Tax Advice and Tax Planning.

Investors Waste £4.7bn By Failing To Shelter Cash

Poor financial planning will see British savers and investors waste up to £4.7 billion in tax breaks during the coming year. Despite an HM Revenue & Customs (HMRC) crack down on tax avoidance, research shows taxpayers are failing to claim the full amount of tax reliefs that are legally available. According to independent financial advice … Read more

IHT tax take up 24% as taxman challenges home value

New tactics by the taxman to challenge home valuations when the owner dies has seen HM Revenue & Customs (HMRC) inheritance tax take soar by nearly a quarter. The taxman is increasingly tapping into online data and valuing homes in taking a more ‘aggressive’ stance against figures put forward by families following bereavement. The result … Read more

Categories Tax

Nazi art loot expands; public patience ends

Nazi art loot expands; public patience ends

The world continues to watch enthralled as new discoveries are added to the treasure trove of art purloined during the Nazi regime. In another twist of fate, it has transpired that German officials first found the loot in March 2012 – over a year and a half ago – and blame the delay on appropriating … Read more

Categories Tax

British Wealth Managers Turn Away Wealthy Americans

British Wealth Managers Turn Away Wealthy Americans

Rich Americans can no longer find financial sanctuary with British wealth managers, who are turning them away because of new tax laws. The Foreign Account Tax Compliance Act (FATCA) is at the root of the problem. The new tax law that really begins to bite from January 2014 requires all American citizens to report foreign … Read more

Categories Tax