Bespoke - for private clients
Friday, July 24, 2009 | Posted by: Richard Jameson
Categories:
Protecting your wealth
| Tags: CGT,
Richard Jameson,
PPR,
private residence relief,
income from property,
property trading,
main residence,
MPs expenses,
capital gains relief,
tax on property income
The clamour over MPs’ expenses has died down for now. But when the press revealed a number of individual MPs who had claimed capital gains tax (CGT) relief on the sale of a ‘private residence’, it was a great reminder of just how generous this relief is. So what is it all about – and how do you claim it?
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Monday, July 20, 2009 | Posted by: Paul Roberts
Categories:
Protecting your wealth
| Tags: tax,
HNWIs,
offshore,
compliance,
tax havens,
disclosure,
Protect Your Wealth,
Liechtenstein,
tax amnesty,
Offshore Disclosure Facility,
OECD,
New Disclosure Opportunity,
Paul Roberts,
tax prosecutions
So, a New Disclosure Opportunity (NDO) is on the horizon this autumn. The Government has a large tax gap to fill and will see the NDO as one way to raise funds. For the taxpayer, this means another chance to ‘come clean’ or face the consequences. The question is, should you?
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Thursday, July 16, 2009 | Posted by: Grant Thornton
Categories:
Personal
| Tags: VAT,
Graham Brearley,
aircraft,
jets,
private jet,
European Commission,
legislation change
To fly or not to fly − that is the question facing owners of private jets this week after the UK was told to amend its VAT legislation affecting aircraft weighing more that 8000kg.
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Tuesday, July 07, 2009 | Posted by: Sue Knight
Categories:
Protecting your wealth
| Tags: tax,
HNWIs,
offshore,
Sue Knight,
HNWI,
compliance,
tax havens,
disclosure,
Protect Your Wealth,
OECD,
amnesty,
super tax
The new OECD report on high net worth individuals (HNWIs) makes interesting bedtime reading. The 90-page report titled Engaging with High Net Worth Individuals on Tax provides a real insight into tax administrations’ struggle with offshore tax evasion.
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