Bespoke - for private clients
Thursday, April 22, 2010 | Posted by: Dave Jennings
Categories:
Personal,
Protecting your wealth
| Tags: tax,
tax planning,
HMRC,
offshore,
Dave Jennings,
investigation,
penalties,
Liechtenstein Disclosure Facility,
Liechtenstein,
OECD,
amnesty,
LDF,
tax haven,
200%
Tax, or National Insurance, was bound to be in the headlines during the Budget and Election but very little beats the threat of a 200% penalty for attention. Combined with a 50% rate of tax the maximum tax and penalty would more than wipe out the offshore income. Is the devil in the detail? And what are your options if you have undeclared offshore funds?
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Tuesday, April 20, 2010 | Posted by: Fiona Cullinan
Categories:
Personal
| Tags: tax,
links,
HMRC,
offshore,
wealth,
women,
James Caan,
tax haven,
millionaire,
Duncan Bannatyne,
Felix Dennis,
phishing,
scams
Who wants to be a millionaire? Girls do, apparently – and they’re succeeding in ever increasing numbers. Also this month – how much counts as rich, the latest tax scams being carried out in the name of the HM Revenue & Customs (HMRC) and other wealth-related stories here on the Bespoke blog.
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Thursday, April 08, 2010 | Posted by: Francesca Lagerberg
Categories:
Personal,
Protecting your wealth
| Tags: Francesca Lagerberg,
pensions,
tax relief,
personal allowance,
national insurance,
tax hike,
higher earners,
50% tax rate
If you were offered a pay rise with no stings attached, would you accept it? What about the impact of all the recent tax changes, would these effect your answer? Well let’s see…
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Thursday, April 08, 2010 | Posted by: Sue Knight
Categories:
Protecting your wealth
| Tags: tax,
HMRC,
Sue Knight,
tax havens,
domicile,
residence,
Gaines-Cooper,
HMRC6,
residency,
IR20,
UK residents,
non-residency,
status
An intolerable uncertainty now exists for UK non-residents following the outcome of the Judicial Review hearings of Davies, James and Gaines-Cooper – as I outlined last month in UK residency status all at sea as HM Revenue & Customs (HMRC) targets tax exiles. But what does this mean if you are intending to leave the UK, other than under the full-time work abroad rule or the full year out rule?
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Tuesday, April 06, 2010 | Posted by: Grant Thornton
Categories:
Personal,
Protecting your wealth
| Tags: Francesca Lagerberg,
income tax,
BBC,
inflation,
deficit,
fiscal drag,
election,
NICs,
personal allowances,
50p tax rate,
higher earners,
public finances,
state pension,
tax increases
Watch the BBC interview with Francesca Lagerberg, Head of Tax at Grant Thornton, discussing the new tax year ‘double-whammy’ for the highest earners as the new 50p tax rate and the changes in personal allowances come into effect.
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