Government to consult on plan to cap charity tax relief

BBC News: Downing Street has said the government will launch a formal consultation in the summer over plans to limit the tax relief on charitable donations.

Full story: http://www.bbc.co.uk/news/uk-politics-17724415

Clegg happy to publish tax returns but coalition colleagues warn move could fuel 'envy'

This is Money: All MPs should be forced to publish their tax returns, Nick Clegg said yesterday, despite Tory warnings that the move would fuel the politics of ‘envy’.

Full story: http://www.thisismoney.co.uk/money/news/article-2128605/Clegg-happy-publish-tax-returns-coalition-colleagues-warn-fuel-envy.html?ito=feeds-newsxml

David Holtze appointed E&Y’s global tax leader

Accountancy Age: Ernst & Young have appointed David Holtze as its global vice chair of tax. He will also become a member or E&Y's global executive, the organisation's highest management body, with both appointments immediately taking effect.

Full story: http://www.accountancyage.com/aa/news/2166813/david-holtze-appointed-y-s-global-tax-leader

Cautious welcome for non-dom investment law

Private Client Adviser: Wealthy non-doms will cautiously welcome new legislation allowing individuals domiciled outside of the UK to make unlimited investments into commercial businesses without incurring income or capital gains tax liabilities on the funds used for the purpose, according to law firm Boodle Hatfield.

Full story: http://www.privateclientadviser.co.uk/news/tax/cautious-welcome-non-dom-investment-law

Deutsche Bank PWM hires HSBC high net worth boss

Citywire: Deutsche Bank Private Wealth Management has expanded its ultra-high net worth (UHNW) team after poaching two senior bankers from HSBC Private Bank.

Full story: http://citywire.co.uk/wealth-manager/deutsche-bank-pwm-hires-hsbc-high-net-worth-boss/a581642?ref=wealth-manager-latest-news-list

Millionaire tax avoiders 'shock' chancellor

BBC News: The chancellor has said he is "shocked" that some of the UK's richest people have organised their finances so that they pay virtually no income tax.

Full story: http://www.bbc.co.uk/news/uk-politics-17661011