News Team on 06/08/2020
The Russian Ministry of Finance has announced that it is ready to terminate the double taxation treaty it has with Cyprus
News Team on 05/08/2020
Six out of 10 higher earners in the UK, or those living overseas who have financial links to Britain, are concerned about the adverse impact on their wealth of the November Budget, reveals a new survey
Tax Titbits has been in lockdown, but with restrictions easing it now returns and Rawlinson & Hunter will continue to provide you with monthly updates on important tax developments in the private client world...
Will Sidery on 04/08/2020
Despite a limited easing of lockdown, many businesses have ongoing concerns regarding their lack of trade, cashflow issues and concern for their employee workforce
The UK immigration system is in a state of rapid change – the UK government has just published more details of the new “points based” immigration system to make the UK “open for business” post Brexit, making sure the new immigration rules will allow highly skilled migrants to come and take up employment in the UK
Recent years have seen a major increase both in HMRC's powers and also the information at HMRC's disposal. The Finance Bill 2020/21 published this July introduces a further measure giving HMRC a significant new power to obtain information
News Team on 31/07/2020
Statistics released by HMRC have shown the tax contribution by non-doms has gone up by around £250 million over the previous year despite their numbers falling
News Team on 31/07/2020
New Inheritance Tax (IHT) figures from HMRC have shown a slight fall in receipts for the first time in 10 years
News Team on 30/07/2020
UK residents who sell a residential property in the UK at a gain will begin to be subject to a £100 fine if they do not report disposals within a thirty-day period, tax and advisory firm Blick Rothenberg has warned
News Team on 29/07/2020
Singapore’s Ministry of Finance has published the draft Income Tax (Amendment) Bill 2020 for public consultation up until 7 August 2020. As part of the draft Bill is a proposed 50 percent surcharge to be imposed for tax avoidance
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