HMRC has used special computer software to collect an additional £26m from inheritance tax over the last year, said David Gauke, exchequer secretary to the Treasury in a detailed speech earlier today at the Institute of Fiscal Studies conference.
Two tax agreements between the Isle of Man and the Republic of Slovenia have come into force, covering both tax information exchange (TIEA) and a double taxation agreement (DTA).
The challenges fund managers face complying with the Alternative Investment Fund Management Directive (AIFMD) are highlighted by a survey from Deloitte, the business advisory firm.
Guernsey bank deposits grew by £2.1bn (2.1%) in the second quarter of the year but the total value is still down since both the start of the year (£4.4bn) and as at the end of June 2011 (£10.7bn).
A new survey of over a thousand people in Hong Kong has revealed that property ownership is the most wanted life goal, rather than marriage.
Boutique investment manager Tideway Investment Partners is planning to add euro and dollar shares classes to its absolute return fund and has already obtained authorisation to be sold in Luxembourg and Germany.
Former Towergate Financial technical director Mitch Hopkinson, has today joined the British division of the deVere Group as a managing partner.
First State Investments International (First State) has opened a representative office in Frankfurt am Main and made a senior appointment within the business.
Zurichs announcement this week that it is to cut 200 jobs from across its UK business will only have a small impact on the international operations.
The debate over fees versus commission charges rages on, but HFS Asset Management finds that some of its Hong Kong clients are prepared to pay upfront for quality advice
Carmignac Gestion had appointed two new sales managers to build links with Swiss clients.
Saudi Arabias regulator the Capital Market Authority has surprised many in the Gulf region by issuing a strongly worded warning notice to those operating without a licence in the country.
