Pitfalls to avoid when entering the UK tax net
Britain has its own set of rules and regulations that could cause a number of headaches
Tax & Regulation
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Connaught investigation up and running
Investors in the defunct fund invited to get in touch
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Pension annual allowance penalties leap to £812m
Record 18,500 people punished for breaching limit in 2017-18
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Mini-bond firm administrators unable to trace nearly £8m
About 500 investors gave funds to collapsed firm linked to London Capital & Finance
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Six life insurers fined in US for annuity disclosure failings
They will collectively pay over $1.1m in restitution plus $673,000 in penalties
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Aussie advisers are feeling the heat
Numerous and swift regulatory changes have put the industry under massive pressure
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US and Switzerland finally seal delayed double tax deal
Agreement was 10 years in the making after it was blocked in congress in 2009
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Hong Kong intermediaries now regulated by Insurance Authority
Change ushers in additional CPD and qualification requirements
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Three reasons why inheritance tax is becoming a ‘perfect storm’
Inheritance tax (IHT) divides opinion, because it creates the potential for a person’s wealth to be taxed twice; firstly as it accumulates through income and/or capital gains taxes, then again on death.
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Aussie tax authorities denied expat residence case appeal
Ruling vidicates Australian man living in Bahrain but is also good news for others living overseas
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Boris Johnson wades into beneficial ownership register spat
In a letter to the chief minister of Guernsey
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UK regulator says mistakes recurring in DB transfer market
Watchdog calls on industry to report wrongdoing so the FCA can “act swiftly”