Governments and global finance companies need to co-operate if they are to
successfully lift personal savings levels, a KPMG report has found.
The ‘Future of the saver’ survey concludes that the market for personal
savings must be treated as an international, rather than a domestic market.
KPMG analysed the taxation of savings in the 12 largest economies and efforts
by international bodies to promote cross-boarder savings and prevent tax
Governments need to acknowledge that people are starting to hold savings in
multiple jurisdictions and start to consider effective tax structures for
The report calls for harmonisation in the ways that savings are taxed between
different countries so as not to discourage cross-border savers.
"The whole idea of HMRC officials supplying confidential information about individuals to the media on a non-attributable basis is, or should be, a matter of serious concern," say Supreme Court judges
Crowe Clark Whitehill , the top 20 accountancy firm, has announced the promotion of Chris Mould to partner
The latest opinions from Accountancy Age on Making Tax Digital, and outline plans to evolve the UK's corporate governance regime
Five million taxpayers are ow using digital personal tax accounts (PTA) as part of the making tax digital strategy, HMRC said