Wire
Indy: Gay hedgie may owe wife £150m in divorce
A top hedge fund manager is facing one of the most expensive divorce settlement in British legal history after telling his wife he is gay
FT: Darling memoir says King stubborn, BoE inadequate
Alistair Darling has launched a stinging attack on Sir Mervyn King, claiming the Bank of England governor did not understand the unfolding financial crisis in 2007, took the wrong policy action and ended up undermining the Bank’s independence by endorsing Conservative banking reforms
Guardian: Wealthy urge 'tax me harder'
Now, as both France and Spain consider introducing a wealth tax, a group of 50 rich Germans have joined the "tax me harder" movement
Withers on the UK-Swiss tax deal
Read Withers' full explanation of what the UK-Swiss tax deal announced today might mean for you
FT: Sarko raises taxes on the wealthy
French president Nicolas Sarkozy has given the green light for a highly political budget, placing the burden of new revenue raising on the richest and on big companies while preserving the benefits of some tax breaks for ordinary workers
UK-Swiss secret deposit tax agreed
Britain and Switzerland have signed an agreement in principle to levy a one-off tax on deposits held by Britons at Swiss banks and to establish a permanent withholding tax
Elena Baturina: An apology
On the 23rd August 2011 we published an article headed 'Tel: Britain's most expensive homes' in which we incorrectly reported that Mrs Yelena Baturina had purchased Witanhurst Mansion, Highgate, London in July 2008 for £50 million
FT: US wealthy face new disclosures
Rich families around the world face a choice between surrendering privacy around their investments and significant legal risk as a consequence of new US rules designed to improve hedge fund transparency
WBrief: Rock star turns wealth manager
Duff McKagan, the former bassist of rock legends Guns N' Roses and Velvet Revolver, has set up his own wealth management firm with musicians as the target market, and it is set to open in October, The Sunday Times (London) reveals
Unbillable Hours
Our specialists solve your HNW problems (gratis!)
Q
Is it really possible to avoid stamp duty land tax when purchasing land and property?
A
A lot has been made recently in the press about buyers of some of the UK’s most expensive homes avoiding stamp duty land tax (SDLT) by purchasing their home through a company.
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