Archive of Personal Tax and Private Client News Items
May 2011
- French Housing Market in 2010
- French Rental Levels Increase by 2.5% in 2010
- French Taxes Likely to Rise on Building Land
- Switzerland threatens to clamp down on tax exiles
- UK nears Swiss tax deal
March 2011
- French Tax ‒ are you paying the right rates?
- Swiss tax ‒ have you explored other Cantons?
- Are you paying more than you need to on your trust gains?
- Clamp Down on Off Shore Tax Dodging
- VAT may need to be paid on salary sacrifice schemes
January 2011
November 2010
October 2010
July 2010
June 2010
May 2010
February 2010
August 2009
June 2009
March 2009
January 2009
- HM Revenue and Customs offers tax payment help to businesses
- Double Tax Convention protocol - UK and Switzerland
November 2008
- Domicile - Factors to be taken into consideration?
- Non-domiciled tax status - Make sure UK domicile surrendered!
October 2008
September 2008
- Property developers - The VAT implications of renting out development property
- Could a trust work for you?
August 2008
July 2008
- Finance Act 2008 and Entrepreneurs’ relief
- EU plans to allow lower local VAT
- Penalties for errors in tax returns
June 2008
- Law Reform?
- New Double Tax Treaty with France
- Two sisters lose human rights challenge to Civil Partnership Act
- Small pensions
- Changing domicile – need to show intention
May 2008
- Would you like that liquidised? That'll be 17.5% more.
- Extra 150,000 will have to pay top rate of income tax after the emergency budget
- Pre-nups - any use in the UK?
- Why make a will?
April 2008
- Are bank charges unfair?
- HMRC tests anti-avoidance provisions and loses
- A man can claim widow’s benefits
- Tax changes from 6th April 2008
March 2008
- Hidden ‘stealth tax’ on National Insurance in budget
- Chancellor confirms taxation changes in 2008 Budget
- HMRC missed opportunity to recoup £100 million
- Ireland seeks to benefit from UK tax changes
February 2008
- High Net Worth Germans in tax evasion allegations
- Non-dom rules clarified by the Revenue
- CGT reform is another setback for investors
- Further blow for non-domiciled individuals living in Britain
January 2008
- CGT concession for entrepreneurs
- Banks defend overdraft charges
- Carbon tax proposals not welcomed by all
- German Income Tax Law is discriminatory
December 2007
- Stricter residency test will raise millions in taxes
- Proposals to clamp down on income splitting by small businesses
- Government reforms will see wealthy foreigners leave the UK
- Stylist left facing hair-raising tax bill
November 2007
- Domicile may prove to be an expensive attachment
- Revenue may have to pay for their mistakes
- Under fire Chancellor re-thinks CGT proposals
October 2007
- Friendly pubs facing unfriendly tax bills
- Chancellor encouraged to make U-Turn on CGT proposals
- Supplying goods to Europe – When do you have to pay VAT?
- No brotherly love in dispute over estate
- HMRC clamping down on undeclared gifts
September 2007
- HMRC giving foreign nationals a taxing time
- No more Inheritance Tax for surviving spouses in France
- New Russian tax exemptions for innovation activities
August 2007
- Luxembourg non-resident income tax rule unlawful
- Enduring Powers of Attorney abolished from October
- Passing on benefits under a will – Make sure to exclude potential tax liability
- SME tax planning – Treasury will not accept defeat
July 2007
- UK tax charges for homes abroad owned through a company
- Discretionary trusts – A settlor must not be a beneficiary
- The end of non-domiciled status?
- Amendments to UK - Switzerland double tax treaty
June 2007
- Swiss court dumps preferential tax treatment for wealthy
- Tax on compromise agreements
- ECJ allows French subsidiaries to exempt dividends paid to EU parent companies
- Taxpayers still unaware or unconcerned about current tax ‘amnesty’
May 2007
- Training is not tax deductible
- France to recognise tax transparency of foreign partnerships
- Make your hobby a deductible expense
April 2007
- Enduring powers of attorney
- Crackdown on offshore accounts
- Small employers can save money
- China to end preferential tax treatment of foreign companies
- VAT – Football clubs and payments to agents
- Rollover relief – Letting holiday accommodation is not a qualifying trade
March 2007
- Rollover relief - Indirect ownership of a company not enough to qualify for relief
- HMRC to investigate offshore accounts
- Tax breaks of wealthy private schools at risk
- Employees – Should you put your SIP shares into a SIPP?
- Broadband costs a deductible expense for the self-employed
February
- EU targets cheap Swiss taxes
- Can your ex-husband’s bankruptcy affect your divorce settlement?
- Installation of wind turbine increases council tax
- Update: French Income Tax
January 2007
- No carry-back of voluntary pension contributions
- Deadline for self assessment tax returns is 31 January
- Increased flight tax illegal
- HM Revenue and Customs to tackle fraud
- Claiming VAT on overseas expenses
December 2006
- Determination of UK residency status for tax purposes
- Early retirement - Watch out for the small print in the trust deed
- ECJ allows Member State to levy regional tax on production
- Non-resident charities to be given equal rights in EU
November 2006
- New test for determining UK residency status?
- Sales promotion scheme - £5 for 5,000 points
- Council tax to be raised
- Agricultural property relief - Is your house a farmhouse?
- National Insurance - Demands sent in error
October 2006
- Trustees - Recovery of litigation costs
- Retirement annuity income - To be taxed under PAYE
- Trusts - Government will correct error in Finance Act 2006
- French tax - New tax rates
- Inheritance tax - Halifax calls for higher IHT threshold
September 2006
- Probate - A copy Will can suffice
- Sisters argue for same tax rights as same sex couples
- Mental Capacity
- Darling dismisses call for aboliti on of Inheritance Tax
- Tax on free advice for pensioners
August 2006
- Removal of a personal representative of an estate
- Double taxation - employer and employee to pay
- Unjust Enrichment: Who paid the VAT?
July 2006
- Inheritance Claims - Joint Tenancy Property and Maintenance
- Tax Commissioners do not have to explain how they reach a decision!
June 2006
- Beware of revoking a UK Will
- Clarification of Finance Bill 2006
- VAT - should this be charged on registration duty?
- Non Residents Earning in the UK: Commercial Activities
- Lack of capacity - be aware of challenges to Wills and Gifts
May 2006
- Tax resident nowhere - is this possible?
- Wills - beware ambiguity!
- Good News for those paying management fees
April 2006
- Tax on foreign property - German law illegal
- A-day: Pensions Simplification Has Arrived
- Wills: Appointing Solicitors as Executors/Trustees
- Can a trustee exemption clause be unfair?
March 2006
February 2006
- Budget Day Announced
- Self Assessment needs to be improved
- Government Supports New NAPF Pensions Force Initiative
- French Notaire negligent or not negligent?
January 2006
- Arctic Systems-Small Company battle with Revenue-HMRC to Appeal
- HMRC and Offshore Accounts - The Story Continues...
- Arctic Systems - HMRC Appeal?
- The UK and Gibraltar reach withholding tax deal
- Tax loophole for married couples
December
- SIPPs-Investment in Residential Property Forbidden
- First Registrations under the Civil Partnership Act
- IHT triples in 5 years but all is not lost!
- Pensions - On-line filing not compulsory by 'A' day
November 2005
- Wills- suitability of objects of charitable trusts
- Long term residency in France- French Language tests may be required.
October 2005
- VAT-when can HMRC refuse a rebate?
- Tax Dodgers beware!
- SIPPS - choice of provider to be widened
- Pensions: HMRC Guidance Published
- New Tax on Land with Planning Permission
- SIPPS - Standard Life £1 billion up
September 2005
August 2005
- Income Tax: No To Flat Rate
- French Government to Recognise LLPs
- Savings Tax Directive: The Onslaught begins
July 2005
- 90 Day Rule: Bad News For Non Resident Taxpayers?
- Inheritance Tax May Be Next On Anti-Avoidance Hitlist
- Unmarried Parents and Maintenance Payments
- Wealth Tax In The UK - Fantasy or Reality?
- Savings Tax? Not in Gibraltar!!
- Illegally Domiciled?
- 'D' is for Disappointing Results From the European Court of Justice ('ECJ')
- Savings Tax Directive
June 2005
- Taxpayer Appeals: Procedure
- Family Business - Arctic Systems to go to the Court of Appeal
- M&S - Euro Governments Running Scared
- Intestacy Rule Changes - And The Spouse Gets.
- Dual Contract Arrangements - New Revenue Guidance
May 2005
- Offshore Investigations - Preparing For The Worst?
- Rupee Mortgages On The High Street?
- Offsetting Capital Gains Against Trade Loans
- Audits of Annual Tax Returns - Taxing Times?
- HM Revenue and Customs
- Trustees' Duties
- Contractual Formalities - Contracts By Email?
- The Price Of Competition
- Tax Risk
- Arctic Systems - Bad News For Family Businesses
April 2005
- Family Business and the Arctic Systems Ruling - Your Questions Answered
- Specific Legacies - The Importance of Proper Drafting
- Living Wills
- Happy New Tax Year?
- Marks and Spencer Look Set to Win The Day
- Where There's a Will.?
- Isn't Living There Enough?
March 2005
- Tax in Europe - Revenue versus ECJ???
- Limitation on Probate Claims
- BUDGET 2005 - Update
- Civil Partnerships Update
- European Consultation - An Answer To Forced Succession?
- Pensions Loophole - Act Now Before the Rules Change
February 2005
- Civil Partnerships by Christmas 2005?
- Trustees - Have You Considered Everything?
- Wills - Drafting is Best Left to Professionals
- Announcement of deadline for 2004 tax returns
- Pre Owned Assets deadline approaching:
- Back Taxes Claims - 6 Year Limitation Applies
- Capital Gains On 'Flip-Flop' Schemes - House of Lords Ruling
January 2005
- Tax Avoidance – Where Will It End?
- Living Wills
- Trusting in Trusts - Do You Know What You've Signed?
- A Message from our Private Client Department
- The Consequences of Tax Evasion
- Trusts and Divorce – Oil and Water??
December 2004
- Merry Christmas Inland Revenue – Proposed New Powers
- Government Opens Probate Market To Non Legal Bodies
- European Tax Rulings - Rewriting the rulebooks?
- More of the Same in the Pre Budget Report
November 2004
- Pensions - Annuities By 75 Non Negotiable
- Reclaiming Overpaid Tax - It all Adds Up
- Disclosure Obligations - Who Tells the Tax Man?
- Civil Partnerships - A Taxing Time?
- Trust Me, I'm a Trustee
- Update on Excepted Estate Rules
- Savings Boost, Courtesy of the Inland Revenue