Tax

Wealth manager Waverton Investment Management has launched its 2024 emerging artists award, in partnership with restaurant group Boisdale, offering £10,000 in prize money.

Small income tax cuts seem likely in the UK Chancellor Jeremy Hunt's Autumn Statement, with stamp duty land tax cuts also expected to remain permanent, according to private wealth professionals.

UK Chancellor Jeremy Hunt’s Autumn Statement included national insurance cuts, commitments to the triple-lock pension and announcements for £500 million in UK AI investment.

France's supreme court, the Court of Cassation, has referred a tax fraud case against UBS to an appeals court to reconsider a fine, after overturning €1.8 billion in penalties levied against the bank in 2021.

As UK Prime Minister Rishi Sunak ponders an inheritance tax (IHT) cut in an attempt to sway voters ahead of a General Election, one tax specialist has warned that any plans to scrap the tax could have disastrous implications for the alternative investment market (AIM).

Christian Olearius, the former chief executive and chair of Hamburg-based bank MM Warburg, is on trial accused of playing a role in a multibillion-euro German tax fraud scheme, according to reports from Reuters.

With wedding season upon us, Investec Wealth & Investment has shared some of its tips for getting finances in order in preparation for marriage.

In the tax year ending 2022, HMRC has estimated a combined total of at least 78,700 non-domiciled and deemed domiciled taxpayers are indicated in Self Assessment (SA) tax returns with combined total Income Tax, Capital Gains Tax (CGT) and National Insurance contributions of at least £12.4 billion, up from 78,100 taxpayers and £11.3 billion, respectively, in the previous tax year.

The confidence of US companies operating in the UK in Britain’s business environment has dropped, according to a survey from trade association BritishAmerican Business and consultancy Bain & Company.

Whilst many cryptoasset investors describe themselves and their peers as having “diamond hands”, it may be of note to these individuals that some of those diamonds will be of interest to the UK taxman.