Citizenship by Investment – In a “Wealth Briefing” article Sian Armitage shatters the myth that it is a danger to international security.

Citizenship by Investment Investors are being incentivised to buy property in Dubai with the opportunity to obtain a Moldovan passport offered as part of the property package. Does this market in citizenship by investment expose countries to criminals who wish to launder money within their borders? In this article in Wealth Briefing Sian explores some…

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Tax relief on property – some advice from Tom Trewby in the Financial Times

Tax relief on property is discussed in the Financial Times this morning, as one reader poses the question – “If I convert a barn on my farm estate into a house for my son to live in, can I claim tax relief on the conversion?” Tom Trewby advises that costs cannot be offset against farming income,…

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Mark Davies in the Telegraph on Offshore Income and Gains letters

In Monday’s Telegraph Laura Miller explores the repercussions of returning a signed offshore income and gains letter to HMRC. https://www.telegraph.co.uk/tax/return/dont-sign-dotted-line-warning-hmrc-letters-could-trigger-tax/ In this article Mark Davies explains that signing the disclosure might prevent a taxpayer from being able to claim an unprompted disclosure of a mistake, which would lead to higher penalties. He also warns that…

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