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UK ‘Shatters’ Tax Secrecy of Offshore Territories

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  The tax secrecy practices of Britain’s Overseas Territories have been “shattered” by the UK government, which in a dramatic turn of events, put its support behind an amendment that will introduce public ownership registers.   In the House of Commons today (1 May) foreign office minister Alan Duncan said the government would not oppose… Read More ›

Economic & Financial News »

UK ‘Shatters’ Tax Secrecy of Offshore Territories

(0)

  The tax secrecy practices of Britain’s Overseas Territories have been “shattered” by the UK government, which in a dramatic turn of events, put its support behind an amendment that will introduce public ownership registers.   In the House of Commons today (1 May) foreign office minister Alan Duncan said the government would not oppose… Read More ›

Expatriate Services »

UK Inheritance Tax Receipts Reach Record £5.2bn

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    The UK government hauled in £5.2bn ($7.2bn, €5.9bn) of inheritance tax receipts during the 2017/18 tax year, a figure 8% higher than the previous year.   The 8% rise, representing £400m, for the latest tax year comes despite the government introducing the residence nil-rate band (RNRB) allowance in April 2017. The RNRB, combined… Read More ›