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Sunday, 05.09.2010
Revenue Targets Overseas Property Owners
Irish investors who are quietly disposing of overseas properties to bolster their depleted cash reserves are being targeted by the Revenue Commissioners.
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Tuesday, 17.08.2010
Conti and Property Tax Interntional Team Up
Property Tax International (PTI) and Conti have teamed up to provide an affordable interantional tax accounting service.
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Monday, 26.07.2010
Spain May Be Forced To Change Their Inheritance Tax Exemptions
European Court of Jutice may force Spain to change how non-residents are treated for Inheritance tax and Gift tax.
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Monday, 15.03.2010
UK Tax Changes Aimed at Increasing the Non-Doms into UK Actually Slowed Down Inward Arrivals
Changes brought into raise millions in additional revenue form wealthy business people has led to a number of Britain's super-rich leaving the UK and slowed the number of people looking to re=locate to the UK.
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Thursday, 05.11.2009
Spanish tax increases for high-earning contractors
Foreign footballers playing in the Spanish Liga who earn more than 600,000 euros a year will soon be paying 19% more tax thanks to a change in the rules approved today by parliament.
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Thursday, 08.10.2009
4 Tax Defaulters Pay Revenue Back over €1 million each
Revenue's ongoing tax investigations on tax defaulters has netted some large repayemnts of late with one tax settlement costing more than €2.5 million.
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Thursday, 08.10.2009
HMRC & IRS Deadline for Offshore Bank Users to Confess is Fast Approaching
People that used offshore bank accounts as a means to evade tax have been give time to make a voluntary disclosure their tax authorities.
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Friday, 18.09.2009
HMRC raises interest rate on late tax payments
Interest charged on late tax payments has been raised to 3% depsite the Bank of England base rate remaining unchanged since March which now stands at 0.5%
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Monday, 14.09.2009
A Call for new Irish Income Tax Rate from Commission on Taxation
The Commission on Taxation recently published an overhaul of the Irish tax system which has seen the introduction of a new Irish income tax rate and a targeted crackdown on Irish tax exiles.
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Tuesday, 08.09.2009
Cowen has not committed to the introduction of a Property Tax but has not ruled anything out…
Taoiseach Brian Cowen has admitted that the introduction of a property tax is not high on his agenda but he points out that such an introduction can not be ruled out.
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Tuesday, 01.09.2009
The Hunt is on for Tax Evaders!
The heat has been turned up on catching French tax cheats by clamping down on a list of suspects with Swiss bank accounts. The OECD has recently announced their intention to implement a global clampdown on tax defrauders.
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Wednesday, 29.07.2009
Carbon tax could be making its way to France
Sarkozy's government is to consider imposing a tax on carbon emisssions in their attempt to fight global warming.
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UK Tax Changes Aimed at Increasing the Non-Doms into UK Actually Slowed Down Inward Arrivals

Monday, 15.03.2010

FT.com

The restrictions brought by the 'Finance Act 2008' have led to a 25% reduction in the number of non-doms applying to move to the UK.

The changes brought in were actually meant to raise an extra £650 million for the UK Treasury but has actually led to an overall rduction in taxes raised from the top earners in the country.

Evidence shows that there were over 140,000 resident non-doms in the country.

It is estimated that non-doms spend a total of £19 billion in the UK each year with over £8.3 Billion in UK taxes including £4.5 Bn in UK income tax and £3.75 Bn in UK VAT and UK Stamp Duty.
Property Tax International Ltd is part of The Taxback Group incorporating Taxback International and Taxback.com, which have been providing international tax advice since 1996