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Trust Tax Trap Raises £216 Million For Government
Government coffers received a welcome £216 million boost from life insurance pay outs – but virtually every penny could have been saved. The figures from HM Revenue & Customs (HMRC) revealed...
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Spanish Tax Man Targets Expats With Gib Connections
Spanish tax authorities are targeting British expats in Spain who own property in Gibraltar. The government is stepping up pressure on expats with links to the British financial centre whose...
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Call To Give Self-Employed Easier Pension Rights
Self-employed workers should have easier access to their pension cash than other workers, according to a think tank report. Allowing them some of the money out of their retirement savings over the...
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Air France Pilots Set To Strike For A Week
Air France pilots are due to walk out for a week from Monday, leaving hundreds of cancelled flights in strike action that could cost the airline up to £12 million in lost business. Just how bad the...
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Tax Demands Go Out To Tax Avoidance Investors
HM Revenue & Customs (HMRC) has turned on the tap for accelerated tax payment notices by posting out more than 40,000 demands. The government aims to recoup £7.1 billion of tax sheltered in...
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Orlando Property Owners Face 18% Tax Hike
Civic leaders in the Florida city of Orlando have voted to hike property taxes by nearly 18%. Orlando is a favourite sunshine destination of thousands of expats and holiday home owners from Britain and...
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G20 Green Lights Global FATCA Tax Crack Down
The global network to stamp out tax avoidance is spreading as the G20 group of countries agreed to exchange tax information. Backed by the Organisation of Economic Cooperation and Development (OECD),...
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Tax On Burgers On The Menu For Fast Food Addicts
Governments across the world are trying to take the strain away from expensive health services with a mix of ‘carrot and stick’ measures. The latest target is fast food as politicians look for ways to...
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FATCA Scam Alert As Fraudsters Strike Worldwide
Hundreds of thousands of banks and financial institutions across the world are on alert after Foreign Account Tax Compliance Act (FATCA) scammers have tried to access financial information about US...
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How Stealth Taxes Sneak Cash Out Of Your Pay Packet
Prime Minister David Cameron make have made an election pledge to ease income tax, but he has failed to address some of the stealth taxes that take a big bite out of salaries. The Tories have promised...
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New Law Drops Expat Employers In Tax Evasion Trap
Expat employers could face prosecution for their overseas employees failing to declare their earnings under strict new laws. HM Revenue & Customs (HMRC) wants to make offshore tax evasion a...
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