HMRC increases number of 'detentions' handed out to tax defaulters

Private Client Adviser: Tax expert predicts even more people will be referred to special monitoring programme in this financial year.

Full story: http://www.privateclientadviser.co.uk/news/tax/hmrc-increases-number-detentions-handed-out-tax-defaulters

HMRC ramps up tax avoidance crackdown programme

CityWire: HM Revenue & Customs (HMRC) has referred 30% more individuals and businesses who it thinks have not paid all the taxes they owe, to its specialist unit for ‘serious defaulters’, signalling a toughening up of its approach to tax avoidance.

Full story: http://citywire.co.uk/new-model-adviser/news/hmrc-ramps-up-tax-avoidance-crackdown-programme/a816114?ref=new-model-adviser-latest-news-list

Summer Budget announced

ICAEW: Chancellor George Osborne has announced that there will be a second Budget this year, on Wednesday, 8 July.

Full story: http://economia.icaew.com/news/may-2015/budget-mark-2-announced

Pennington Manches announces new head of Private Client

Pennington Manches: Clare Archer has been appointed as the new head of Penningtons Manches’ private client and tax practice, replacing Lesley Lintott who has stepped down as a partner after more than 40 years with the firm to become a senior counsel. 

Full story: http://www.penningtons.co.uk/news-publications/latest-news/penningtons-manches-announces-new-head-of-private-client/

Portugal's 'golden visa' trade for rich immigrants

DW: Portugal is selling EU residency permits to any rich foreigners willing to pay. The opposition calls them corrupt deals that encourage organized crime, but the government simply wants to lower the prices.

Full story: http://www.dw.de/portugals-golden-visa-trade-for-rich-immigrants/a-18306516

Non-doms remain under threat despite Labour defeat

International Adviser: Changing legislation and rising charges will mean that non-doms cannot rest on their laurels following the election of a majority Conservative government in the UK general election last week, warns law firm Stephenson Harwood.

Full story: http://www.international-adviser.com/news/1019461/-doms-remain-threat-despite-labour-defeat