Bespoke - for private clients

A time to pay and name and shame

Wednesday, March 17, 2010 | Posted by: Dave Jennings
Categories: Personal, Protecting your wealth | Tags: tax, tax planning, HMRC, offshore, Dave Jennings, investigation, penalties, legislation, law, human rights

As the recession started to bite, HM Revenue & Customs (HMRC) relaxed its enforcement of debts for some taxpayers facing cashflow problems. Paying arrears by instalments has helped many businesses but may become even more important as new PAYE penalties for employers start in April 2010…

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UK residency status all at sea as HMRC targets tax exiles

Thursday, March 04, 2010 | Posted by: Sue Knight
Categories: Protecting your wealth | Tags: tax, HMRC, HNWIs, Sue Knight, tax havens, domicile, residence, Gaines-Cooper, residency, IR20, UK residents, status, Finance Bill 2008

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The

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New Irish domicile ‘wealth tax’ puts HNWIs in line of fire

Wednesday, March 03, 2010 | Posted by: Richard Jameson
Categories: Protecting your wealth | Tags: tax, HMRC, HNWIs, Richard Jameson, corporation tax, domicile, Gaines-Cooper, Ireland, high net worth individuals, residency, IR20, Irish domicile levy, 2010 Finance Bill

Ireland has been held up as a country with a progressive and attractive tax regime, so the proposal for a domicile levy has taken Irish high net worth individuals (HNWIs) aback. On the other side of the Irish Sea, the recent findings in the Messrs Davies and James and Mr Gaines-Cooper case regarding

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Beware the time-travelling taxman

Wednesday, February 24, 2010 | Posted by: Dave Jennings
Categories: Personal, Protecting your wealth | Tags: tax, tax planning, HMRC, offshore, Dave Jennings, investigation, penalties, banking, legislation, Switzerland, Swiss, Isle of Man, Robert Huitson, law, UBS, human rights, backdated

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I am not talking about the HM Revenue & Customs’ (HMRC) version of Doctor Who, as scary as that may sound, now comes something even worse. One of the main gripes we often hear from business’ about our tax system is the lack of certainty. Should HMRC, therefore, be authorised to change the law or its interpretations retrospectively, plunging its victims into a costly time warp and sending them singing for their supper?

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Marriage and tax - are you using the benefits?

Friday, February 12, 2010 | Posted by: Francesca Lagerberg
Categories: Personal, Protecting your wealth | Tags: tax, Francesca Lagerberg, capital gains tax, inheritance tax, income tax, tax manifesto, marriage, saving, transferable allowances, marriage and tax, tax saving, tax benefits

Marriage and tax is becoming an increasing area for debate as the political parties clash heads over whether the tax system should recognise marriage. So why do people think the system is not working, what tax breaks do you currently get when you’re married, and how best can you utilise them?

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Locations of offshore tax jurisdictions (infographic)

Thursday, January 21, 2010 | Posted by: Fiona Cullinan
Categories: Business, Infographic, Protecting your wealth | Tags: tax, finance, offshore, infographic, banking, tax haven, IMF, jurisdiction

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While most people think of the traditional tax haven as being somewhere like Switzerland or Bermuda, there are in fact more than 60 offshore financial centres around the world, according to the IMF.

Grant Thornton’s latest infographic shows the scale and global spread of such offshore tax jurisdictions, locating them by country, city and island/political region…

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Medical professionals under HMRC’s microscope

Thursday, January 14, 2010 | Posted by: Dave Jennings
Categories: Personal, Protecting your wealth | Tags: tax, HMRC, Dave Jennings, disclosure, health, investigation, penalties, NHS, tax amnesty, medical, doctors, plan, THP, public borrowing

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Before the ink is dry on HM Revenue and Customs’s (HMRC)

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‘Tax amnesty’ deadline extended (again)…

Wednesday, December 02, 2009 | Posted by: Paul Roberts
Categories: Business, Protecting your wealth | Tags: tax, HMRC, tax amnesty, NDO, New Disclosure Opportunity, Paul Roberts, UK tax liabilities, offshore funds, protect your wealth, Tax havens

…but only by a matter of five weeks. The deadline to register under the

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What’s Liechtenstein got to do, got to do with it?

Tuesday, September 15, 2009 | Posted by: Dave Jennings
Categories: Protecting your wealth | Tags: tax, offshore, Dave Jennings, tax havens, disclosure, Protect Your Wealth, penalties, Liechtenstein Disclosure Facility, tax amnesty, Liechtenstein, NDO, New Disclosure Opportunity, LDF

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What’s Liechtenstein but a sweet old-fashioned notion? What’s Liechtenstein got to do, got to do with it? Who needs a haven when a haven can be broken? With recent pressures on UK investors to

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Should you own up in HMRC’s second ‘tax amnesty’?

Monday, July 20, 2009 | Posted by: Paul Roberts
Categories: Protecting your wealth | Tags: tax, HNWIs, offshore, compliance, tax havens, disclosure, Protect Your Wealth, tax amnesty, Liechtenstein, Offshore Disclosure Facility, New Disclosure Opportunity, OECD, Paul Roberts, tax prosecutions

So, a

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