Cayman, UK Sign 'FATCA'-type Agreement

Lowtax: The Cayman Islands signed an intergovernmental agreement (IGA) with the United Kingdom on November 05, 2013, laying the foundation for the automatic exchange of financial information about UK taxpayers who hold accounts in the Cayman Islands.

Full story: http://www.lowtax.net/asp/story/front/Cayman_UK_Sign_FATCAtype_Agreement____62615.html?

UK budget may impose CGT on non-resident second home owners, say rumours

STEP: The UK's media this weekend was full of reports that next month's autumn statement will introduce capital gains tax (CGT) on second homes owned by non-residents.

Full story: http://www.step.org/uk-budget-may-impose-cgt-non-resident-second-home-owners-say-rumours

Higgs & Sons expands private client department

Private Client Adviser: Ian Bond, Mark Blackham and Alison Chaloner have joined Higgs & Sons, one of the largest private client legal teams in the Midlands.  Bond moves from Michelmores as partner and will focus on trust formation and administration, estate planning and estate administration. He is former head of legal services at The Co-operative Trust Corporation, where he set up the fiduciary services ready for the ABS world.

Full story: http://www.privateclientadviser.co.uk/news/legal-practice/higgs-sons-expands-private-client-department

Cable keen on foreign property tax

BBC News: Vince Cable has said he would welcome action "to plug a loophole" exempting foreigners from paying capital gains tax on second homes.

Full story: http://www.bbc.co.uk/news/uk-politics-24773951

Deloitte criticised over tax advice in Africa

Accountancy Live: Deloitte is facing criticism from anti-poverty campaigners after the charity ActionAid obtained documentation from the firm advising clients on how to minimise tax payments in some of the poorest countries in Africa.

Full story: http://www.accountancylive.com/croner/jsp/Editorial.do?channelId=-601014&contentId=2815405

Families face new tax-grab on inheritance trusts

Daily Telegraph: The taxman plans to impose new charges on trusts used by wealthier families mitigate IHT

Full story: http://www.telegraph.co.uk/finance/personalfinance/consumertips/tax/10418581/Families-face-new-tax-grab-on-inheritance-trusts.html