Bespoke - for private clients
Wednesday, June 13, 2012 | Posted by: Dave Jennings
Categories:
Personal,
Protecting your wealth
| Tags: tax planning,
HMRC,
offshore,
income tax,
Dave Jennings,
tax avoidance,
tax havens,
disclosure,
investigation,
banking,
penalties,
Liechtenstein,
Liechtenstein Disclosure Facility,
tax amnesty,
LDF,
Switzerland,
tax evasion,
savings,
offshore bank accounts,
Tax Investigations,
UK-Swiss deal,
secrecy
The UK-Swiss tax deal just got more expensive for Swiss bank account holders following changes to a similar agreement between Switzerland and Germany. Find out exactly what the changes mean for UK holders of Swiss bank accounts…
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Tuesday, November 22, 2011 | Posted by: Louisa Naylor
Categories:
Personal,
Protecting your wealth
| Tags: tax,
HMRC,
advice,
investigation,
penalties,
code of practice,
fraud,
Louisa Naylor,
COP9,
enquiry,
civil fraud,
Code of Practice 9,
tax investigations
An increasing number of people with large funds held in offshore accounts are receiving a Code of Practice 9 (COP9) letter through their door as UK tax authorities strive to assess a further £7 billion of evaded taxes by 2014. Grant Thornton’s new tax investigations helpline is a first port of call. Meanwhile, tax manager Louisa Naylor looks at what you should do if you are caught by a tax investigation.
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Thursday, September 22, 2011 | Posted by: Dave Jennings
Categories:
Personal,
Protecting your wealth
| Tags: tax planning,
HMRC,
offshore,
income tax,
Dave Jennings,
tax havens,
disclosure,
investigation,
banking,
penalties,
Liechtenstein Disclosure Facility,
tax amnesty,
Switzerland,
savings,
Liechenstein,
evasion,
Swiss,
Tax Investigations,
UK-Swiss deal
The new UK-Swiss deal clamping down on tax evasion is expected to drive UK investors into the arms of Liechtenstein – with significant tax savings possible through the Liechtenstein Disclosure Facility (LDF).
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Wednesday, August 24, 2011 | Posted by: Dave Jennings
Categories:
Personal,
Protecting your wealth
| Tags: tax,
HNWIs,
property,
CGT,
income tax,
Dave Jennings,
investigation,
income,
tax evasion,
Tax Investigations,
social networks,
landlords,
buy to let,
undeclared,
undisclosed
Are taxpayers with undeclared income like needles in a haystack or are they sitting ducks for the taxman? As the Government looks with renewed vigour at tax avoidance and tax evasion in order to raise the tax take, many of you are asking: ‘How can HM Revenue & Customs (HMRC) find out about my undisclosed income?’
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Wednesday, August 17, 2011 | Posted by: Dave Jennings
Categories:
Personal,
Protecting your wealth
| Tags: tax,
entrepreneurs,
HMRC,
offshore,
income tax,
government,
Dave Jennings,
tax avoidance,
budget,
disclosure,
investigation,
penalties,
income,
relief,
Liechtenstein,
Liechtenstein Disclosure Facility,
amnesty
The plumbers amnesty (Plumber’s Tax Safe Plan or PTSP) that HM Revenue & Customs (HMRC) launched in March, was criticised as being a ‘damp squib’ at the time after a low take-up with many plumbers unconvinced that HMRC had any information about any undisclosed earnings. HMRC has hit back with news that it has arrested five plumbers on suspicion of tax evasion.
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Friday, July 08, 2011 | Posted by: Dave Jennings
Categories:
Personal,
Protecting your wealth
| Tags: tax,
tax planning,
HMRC,
offshore,
Dave Jennings,
tax havens,
disclosure,
investigation,
banking,
penalties,
Liechtenstein,
Liechtenstein Disclosure Facility,
tax amnesty,
amnesty,
LDF,
Switzerland,
HSBC,
evasion,
Tax Investigations
With a new round of tax investigations being launched into customers of HSBC in Switzerland, HM Revenue & Customs’ (HMRC’s) drive against holders of undeclared offshore bank accounts is heating up. Waiting to come forward could result in higher tax and penalties, so what are the tax amnesty options?
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Tuesday, May 24, 2011 | Posted by: Dave Jennings
Categories:
Personal,
Protecting your wealth
| Tags: tax,
tax planning,
HMRC,
Dave Jennings,
tax avoidance,
EFRBS,
investigation,
Protect Your Wealth,
Employee Benefit Trusts,
EBT settlement opportunity,
litigation,
EBT,
personal tax,
tax changes
High-earning taxpayers who have avoided or deferred tax and national insurance contributions through the use of Employee Benefit Trust (EBT) arrangements are the latest targets of the taxman, following the announcement by HM Revenue & Customs (HMRC) of a new EBT settlement opportunity on this type of tax planning.
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Thursday, April 21, 2011 | Posted by: Dave Jennings
Categories:
Protecting your wealth
| Tags: tax,
Dave Jennings,
HNWI,
investigation,
Protect Your Wealth,
domicile,
amnesty,
offshore assets,
evasion,
HNWI unit,
avoidance,
High Net Worth Unit,
PTSP,
Plumbers Tax Safe Plan
Ready to rock ‘n’ roll with HM Revenue & Customs’ punches? Dave Jennings, our tax investigations expert, tells the tale of how wealthier taxpayers are being targeted.
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Tuesday, March 15, 2011 | Posted by: Dave Jennings
Categories:
Protecting your wealth
| Tags: tax,
Dave Jennings,
disclosure,
investigation,
Protect Your Wealth,
Liechtenstein,
Liechtenstein Disclosure Facility,
tax amnesty,
amnesty,
LDF,
PTSP,
trades,
plumbers
In August, tax investigations partner Grant Summers asked whether there should be a
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Thursday, April 22, 2010 | Posted by: Dave Jennings
Categories:
Personal,
Protecting your wealth
| Tags: tax,
tax planning,
HMRC,
offshore,
Dave Jennings,
investigation,
penalties,
Liechtenstein,
Liechtenstein Disclosure Facility,
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
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