Legislative Developments

UK residents will need to hire a tax representative on the sale of their holiday home in France, French property specialists have warned

Expansion will help unlock over £800 million for communities across the UK

2020 has left a big hole in government coffers and there will inevitably be changes to the tax regime in the new year

The Chancellor of the Exchequer, Rishi Sunak, has announced that the UK government will publish the Budget on Wednesday 3 March 2021

Joe Biden wants to reform the US tax system so that wealthy individuals contribute their “fair share” - a notion which is also part of the UK tax debate...

Plans to combat fraud and give businesses confidence in who they are working with have been announced by the UK government, with the launch of three consultations on reforms to the UK’s register of company information

In this article Michael Crowe, chief executive of Finance Isle of Man, looks at how the Isle of Man responded to the pandemic and discuss what lies ahead for the financial services industry and international business centres

HMRC’s annual accounts for 2019/20, published earlier in November, report HMRC’s performance against 11 public commitment objectives set in the Single Departmental Plan to improve the way tax is collected and bear down on tax evasion and avoidance. Eight of these objectives are on track or complete, which is a positive step towards narrowing the tax gap, although one objective is not on track and two are at risk of not being met...

At 11 pm on 31 December 2020, the Brexit transition period will come to an end, and with it, the legislation which currently governs jurisdiction, recognition and enforcement in children and divorce cases in UK

Speaking at the 2020 Jersey Finance Private Wealth conference, Joe Moynihan, chief executive of the promotional body explained that for the island, like the rest of the world, 2020 has been an “exceptional year” during which the island’s financial sector had witnessed the “the devastating effect of the pandemic.”