During his election campaign François Hollande made it crystal clear that he plans to embark on sweeping tax reforms aimed particularly at imposing a high tax regime on the wealthy. He said that he wants to take back the “fiscal presents” accorded to the country’s “most privileged”.But the ‘devil (of his tax reforms) ... read more ...

Spain’s voluntary disclosure procedure (it is not officially called an “amnesty”), is open to any individual or company (whether resident or non-resident in Spain) who has undeclared income or gains as at 31st December 2010. Taxpayers who are already the subject of an investigation will generally not be able to benefit ... read more ...

The top rate of income tax in the UK may be dropping from 50% to 45% next year, but lower rate taxpayers are not so lucky. Almost a million people have been pushed into higher tax bands than previously, with over four million now caught in the higher rate tax trap.HM Revenue & Customs (HMRC) data reveals that 3.8 ... read more ...

One of the most financially damaging taxes facing wealthier British families is UK inheritance tax (IHT). Living overseas does not automatically protect you from IHT since liability does not rest on residence or even nationality, but on domicile. Domicile is a concept of UK common law and can be complex and difficult ... read more ...

The UK Financial Services Authority (FSA) is warning over 75,000 people that they could be, or have been, targeted by fraudsters. Victims lose tens of millions of pounds to investment fraud each year and the FSA urges investors to be vigilant and protect themselves from investment scams. The FSA has recovered lists – ... read more ...

The investment, tax and general wealth management landscape has changed considerably over the last decade or two. Here in Malta, a new tax residence scheme was announced last year for foreign nationals living here.In the 1990s stockmarkets appeared to be heading ever upwards. The Bank of England Sterling base rate ra ... read more ...

Over recent years a number of countries all over the world have launched voluntary disclosure initiatives – so called “tax amnesties” – to collect additional tax revenue and regularise previously undeclared assets. Now it is Spain’s turn. The “special levy”, which was announced as part of the 2012 Budget, is proving ... read more ...