Credit Suisse says U.S. case has limited business impact

Reuters: Credit Suisse has lost a limited amount of business as a result of pleading guilty to charges that it helped wealthy Americans to evade taxes, the head of its private bank said on Monday.


Full story: http://uk.reuters.com/article/2014/06/02/uk-credit-suisse-tax-idUKKBN0ED1OU20140602

HMRC asks taxpayers to check their effective tax rates

ICAEW: As readers may be aware from the media, HMRC has been writing to selected taxpayers to tell them their effective rate of tax is lower than average and ask them to check if it’s right. Copies of the letters have been sent to authorised agents. 

Full story: http://www.ion.icaew.com/TaxFaculty/post/HMRC-asks-taxpayers-to-check-their-effective-tax-rates?

More firms planning to recruit senior staff from rivals

Accountancy Age: The number of accountancy firms contemplating poaching senior staff and their teams from their rivals has more than doubled in the last year, rising from 8% to 22% of all firms as the economy warms up, according to Bloomsbury Professional.

Full story: http://www.accountancyage.com/aa/news/2347655/more-firms-planning-to-recruit-senior-staff-from-rivals

The Lawyer Awards 2014 Shortlist: Private Wealth Team of the Year

The Lawyer: In our first in-depth look at our awards shortlisters, the private wealth contenders show how they have shined in the face of globalisation and tougher legislation.

Full story: http://www.thelawyer.com/analysis/market-analysis/practice-areas/private-client-analysis/the-lawyer-awards-2014-shortlist-private-wealth-team-of-the-year/3020895.article?

Conservatives to offer Scotland income tax powers

Accountancy Age: The Conservatives are set to offer Edinburgh full control of all income tax should voters reject Scottish independence in September's referendum.

Full story: http://www.accountancyage.com/aa/news/2347662/conservatives-to-offer-scotland-income-tax-powers?

Guernsey To Adopt New Tax Info Sharing Standard

LowTax: Guernsey will share tax information automatically under the multilateral convention on mutual administrative assistance in tax matters from August 1, 2014. In December 2013, Guernsey's parliament unanimously approved the convention.

Full story: http://lowtax.net/news/Guernsey-To-Adopt-New-Tax-Info-Sharing-Standard-64850.html?