identify you. If you continue to use this site we will assume that you are happy
If you want to use the sites without cookies or would like to know more, you can do that here.
Select regions whose content you would like to see
Additional income tax collected by a specialist anti-avoidance unit within HM Revenue and Customs (HMRC) increased by 80% last year, to reach £886 million, according to figures compiled by Pinsent Masons, the law firm behind Out-Law.com. 11 Jan 2017
Financial institutions (FIs) in Singapore must establish customers' tax statuses, under the Common Reporting Standard (CRS) that came into force at the start of this year. 09 Jan 2017
The Common Reporting Standard (CRS) is a way for countries to automatically exchange tax information that has been developed by the Organisation for Economic Cooperation and Development (OECD).
The Contractual Disclosure Facility (CDF) is part of a drive in recent years by HM Revenue & Customs (HMRC) to 'crack down' on tax evaders and "close the tax gap". The CDF is the newest incarnation of Code of Practice 9 – a process which is used...
HM Revenue & Customs (HMRC) now has the power to require payment of tax upfront, before a dispute about the efficacy of a tax scheme has been settled by the courts. It can also require payment of tax where it has succeeded in the courts against another...
This guide was last updated in March 2015. The disclosure facilities covered by this guide came to an end on 31 December 2015, so this information is for historical interest only.
This guide was updated in April 2016
The statutory residence test (SRT), was introduced in 2013. It is designed to give taxpayers greater certainty and clarity as to whether or not they are UK-resident for tax purposes and therefore whether or not they are subject to UK income tax and capital...
Changes to bring UK residential property owned by non-UK domiciled individuals (non-doms) within the UK inheritance tax net are wider than expected because they catch loans to finance the acquisition of a UK property said Fiona Fernie, a tax expert at Pinsent... 14 Dec 2016
Plans to allow European tax authorities to automatically share certain information about bank account holders in order to prevent tax evasion and other financial crimes have been approved by members of the European parliament (MEPs). 23 Nov 2016
Join My Out-Law
Already signed up to My Out-Law?
High and Ultra high net worth individuals, non UK domiciled indviduals, shareholders and their trustees and family foundations all need to be able to manage their tax affairs to best effect for their businesses, their families and themselves.
More about Private Wealth Tax
Partner - Head of Tax, Litigation and Regulatory