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The European Commission has referred Spain to the EU Court of Justice following its conclusion that Spain’s inheritance and gift tax rules (which require non-residents to pay higher taxes) are discriminatory. The current rules, the...

On Tuesday 6 December, HMRC issued draft legislation in the form of the Overseas Pensions Regulations...

Andrew Gardner, Managing Director of STM Fidecs, recently gave a presentation to ATCOM members in Gibraltar (Association for Trust and Company Managers)  explaining the principles of accounting for capital and income as it applies to...

One key point amongst the Chancellor’s announcements was that there was no recession forecast by the Office for Budget Responsibility, although the economic growth forecasts have been downgraded for the fourth time since the election of the...

There’s no doubt that Qualifying Recognised Overseas Pension Schemes (QROPS) have provided the solution to many a pension plan of those either moving, or intending to move, overseas, but experts are issuing new warnings to look beyond the...

Domicile and IHT
Do you know the difference between domicile and residency? If you’re an expat, you need to. Even without any UK assets, if you are still UK domiciled you can be taxed on any, and all, worldwide assets...

That’s what the General Anti-Avoidance Rule (GAAR), which the government intends to implement, is charged with establishing.

GAAR is a catch-all tax avoidance rule which is set to determine the difference between tax avoidance and...

A team of 200 investigators has been formed by HMRC, known as the Affluent Team, to focus on ‘wealthy tax cheats with overseas property’.

Charged with identifying individuals who are either property or landowners abroad, the...

Litigation in the professions is a factor that will not go away and with the continued selling of no-win, no-fee legal advice becoming more and more prevalent, along with continually increasing compensation payouts, it is now an important...

Whilst acknowledging that it would not benefit Britain to leave the EU itself, David Cameron announced last night that the current eurozone crisis may present an ideal opportunity for the country now to regain some of the powers which it has seen...