Finance

A QROPS is simply an offshore pension scheme which complies with the rules and regulations outlined by HM Revenue & Customs. The QROPS needs to be based out of the UK, in an offshore jurisdiction...

As the global economy enters a time of intense unease, expatriate investors could easily believe that making investments at this time may not be the best of ideas...

The taxman is set to increase the current fine for late tax return submission from £100 to £1,300...

Not a day goes by without taxes being spoken about in parliament, in the media and also in our homes. 2010 has been particularly intense with regards to taxes...

Tax evasion is illegal, tax reduction is not. The former involves lying to the government, withholding important information and in some cases hiding illegal money. The latter on the other hand is perfectly legal and simply involves careful financial planning that ensures you only pay the exact amount of tax you owe...

An analysis by the Institute for Fiscal Studies has discovered that families with children and elderly citizens are the groups of people who stand to be hit the hardest by the Coalition Government’s austerity measures...

The Coalition Government’s austerity measures are having a marked effect on the confidence of both businesses and households within the UK. Research conducted by a number of sources...

Despite the approval of the £7.4 billion bail-out loan from the European Commission, Greece’s economy remains in a state of disarray...

HMRC have been the focus of strong criticism following the news that they have over-charged around 15 million UK taxpayers, with pensioners and British expats amongst those stung...

A huge mistake by Her Majesty’s Revenue and Customs has led to a massive number of people, around 15 million, paying the wrong amount of tax due to incorrect tax codes...