IRS Provides Tax Tips For Taxpayers With Foreign Income

Lowtax: The Internal Revenue Service (IRS) has reminded United States citizens and residents, including those with dual citizenship, who have lived or worked abroad in 2012, that they generally must file a federal income tax return and pay tax in the same way as people living in the country.

Full story: http://www.lowtax.net/asp/story/front/IRS_Provides_Tax_Tips_For_Taxpayers_With_Foreign_Income____60262.html

New UK Penalties For 'Dishonest' Tax Advisers

Lowtax: New legislation, entering into force on April 1, 2013, will empower the UK tax authority HM Revenue and Customs (HMRC) to impose civil penalties on tax agents who act "dishonestly."

Full story: http://www.lowtax.net/asp/story/front/New_UK_Penalties_For_Dishonest_Tax_Advisers____60270.html

HMRC To Monitor Activities Of Tax Evaders

Lowtax: HM Revenue and Customs (HMRC) is to enhance its scrutiny of deliberate tax evaders under changes to its monitoring program.

Full story: http://www.lowtax.net/asp/story/front/HMRC_To_Monitor_Activities_Of_Tax_Evaders____60259.html

British expats caught in drive to boost French taxes

Daily Telegraph: New rules in France don't just affect local celebrities; many Britons will also have to pay more tax.

Full story: http://www.telegraph.co.uk/finance/personalfinance/expat-money/9948899/British-expats-caught-in-drive-to-boost-French-taxes.html

Plans to make Jersey inheritance laws more equal

BBC News: New laws have been drafted to ensure inheritances are equal for married couples in Jersey.

Full story: http://www.bbc.co.uk/news/world-europe-jersey-21940807?

‘Rising star’ joins Withy King's private client practice

Withy King: Becky Ricards Small is considered to be one of the profession’s most promising solicitors, having been selected for the “Top 35 under 35” private client practitioners guide compiled annually by the industry’s leading magazine, Private Client Practitioner, from hundreds of nominations countrywide.

Full story: http://www.withyking.co.uk/news.php?id=rising-star-joins-withy-kings-private-client-practice

Withers and Speechly Bircham confirm preliminary merger talks

Legal Week: Withers and Speechly Bircham have confirmed that they are in early stage talks over a possible combination that could create a UK top 25 law firm with revenues of around £170m.

Full story: http://www.legalweek.com/legal-week/news/2257276/withers-and-speechly-bircham-confirm-preliminary-merger-talks?WT.tsrc=Email&WT.mc_id=694&utm_source=Newsletters&utm_medium=Email&utm_campaign=LW_Daily

Liam Fox calls on Osborne to entirely scrap capital gains tax

City A.M.: Former cabinet minister Liam Fox will today call on the government to abolish capital gains tax in the latest sign that right-wing Tories are increasingly exasperated with weak economic performance.

Full story: http://www.cityam.com/article/liam-fox-calls-osborne-entirely-scrap-capital-gains-tax

Ray Winstone threatens to quit UK over tax burden

Accountancy Live: Actor Ray Winstone is getting himself worked up over the UK tax landscape, threatening to head off for sunnier climes if the situation does not improve and he sees a real return on his tax contribution.

Full story: http://www.accountancylive.com/croner/jsp/Editorial.do?channelId=-601014&contentId=2492241

Non-dom numbers registered with HMRC plummet

Accountancy Live: The number of UK taxpayers registered with HMRC as non-domiciled (non-doms) has fallen by 2,000 in a year as the impact of the £30,000 annual non-dom levy continues to bite, government figures reveal.

Full story: http://www.accountancylive.com/croner/jsp/Editorial.do?channelId=-601043&contentId=2492242

Mishcons leads legal rivals in Sunday Times top employer list

Legal Week: Only three of the UK's 50 largest law firms by revenue have made the grade to appear on The Sunday Times' annual Best Companies to Work For rankings, with Mishcon de Reya the highest ranked legal practice.

Full story: http://www.legalweek.com/legal-week/news/2252113/mishcons-leads-legal-rivals-in-sunday-times-top-employer-list?

Wake up and cut taxes, top Tories tell George Osborne

Daily Telegraph: George Osborne is facing demands from Conservative MPs and business leaders to use the Budget to cut taxes and demonstrate Tory support for “aspiration” after last week’s crushing Eastleigh by-election defeat.

Full story: http://www.telegraph.co.uk/news/politics/9906345/Wake-up-and-cut-taxes-top-Tories-tell-George-Osborne.html

Chancellor faces calls for tax cuts as Budget looms

Accountancy Age: The Chancellor is coming under mounting pressure from Conservative colleagues to demonstrate government support for "aspiration" by making tax cuts in the upcoming Budget.

Full story: http://www.accountancyage.com/aa/news/2251955/chancellor-faces-calls-for-tax-cuts-as-budget-looms?