HMRC rakes in £1.2bn from IHT receipts in two months
13% more than in the same period last year
Tax & Regulation
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1,300 firms sent survey by FCA on retirement income advice
Regulator hopes that findings provide an indication of how companies are implementing the Consumer Duty
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FCA to restrict movement of Odey AM assets
Following several funds suspending trading
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Brits not completely opposed to inheritance tax
As 75% say some inheritances should be taxed
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FCA cracks down on ‘wild west’ of crypto advertising
But concerns remain over the regulator classifying the asset as a Restricted Mass Market Investment
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HMRC orders two firms to stop selling tax avoidance schemes
Companies face £100,000 fine if they fail to comply with the UK taxman
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Inheritance tax is in ‘dire need of reform’
STEP says it wants to see a low flat-rate estate tax regime with few reliefs and exemptions
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Three IFA firms forced to withdraw offers to former BSPS members
FCA is ‘seriously concerned’ that they ‘were not calculated’ in line with its guidance
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Should inheritance tax be scrapped?
After Conservative MPs reportedly call for the UK prime minister to abolish ‘morally wrong’ IHT
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Expats save over €1bn in tax with Portugal NHR scheme
It ‘has proved to be hugely successful in attracting wealthy individuals’ to the country
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Credit Suisse ordered to pay $926m to former Georgia prime minister
Bank says ruling is ‘wrong and poses very significant legal issues’ and it ‘intends to vigorously pursue an appeal’
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EU proposes regulatory changes to ‘protect and empower’ retail investors
It confirms inducement ban will be for ‘execution-only’ sales