Tax & Technical
Time slashed for UK property owners to pay capital gains tax
Change will come in force in April 2020, while current rules allow 22 months
Anti-money laundering regulator inundated with reports
With too many ‘low-quality’ submissions undermining enforcement work
HMRC given power to issue third-party notices globally
After tribunal ruled the UK taxman can demand information from non-residents
Crown dependencies bow to EU pressure on public registers
Despite fighting UK parliament’s efforts to impose them
Bermuda fines trust provider over money laundering failures
Firm did not address its ‘deficiencies’ within the timeframe given by the regulator