This article was published in New Model Adviser on 13th May 2014: http://citywire.co.uk/new-model-adviser/the-tax-doctor-chit-chat-with-hmrc-to-avoid-bank-account-raid/a750745
DetailsOur Russian desk has been in the news lately as one of Russia’s leading legal magazines, Legal Insight, sought out Mark Davies’ comments on how the turbulence in Ukraine is affecting his Russian clients. For a Russian language preview of Legal Insight’s article please see: http://legalinsight.ru/chitayte-v-aprelskom-nomere-legal-insight/ For more information on de-offshorization, click here.
DetailsSanctions on Russia also punish those entrepreneurs who want to come to Britain for safety To read the original article in Spear’s magazine, please see here. Russian visa investors draw heavily on the services of British businesses – a single Russian family might bring tens of millions into the UK to buy property in London,…
DetailsThis Budget delivers few amendments to the headline rates of tax but there are significant changes in the area of savings and pensions. Those without mortgages who can afford Individual Savings Accounts and those approaching retirement will be pleased by the Pensioner bond and the changes to the taxation of pensions. However, those still saving…
DetailsThe Tax Doctor: Domicile is key to solving Rubik tax puzzle by Mark Davies on Feb 19, 2014 at 10:05 Following the UK-Swiss Rubik agreement, German Hilda and her son must notify HMRC of their domicile to untangle their liabilities on a Swiss bank account and trust, writes Mark Davies of Mark Davies & Associates.…
DetailsHMRC toughen up tax on non-domicile dual work contracts HMRC’s objective is to target and prevent contrived arrangements which create artificial divisions between the duties of a UK and an overseas employment in order to obtain a tax advantage. In his autumn statement the chancellor, George Osborne, announced plans to curb tax avoidance using ‘dual…
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