The UK government’s plan to dramatically increase probate fees has suffered a setback after British politicians announced that the measure could only be introduced with the consent of parliament.
The UK tax office will visit all English Premier League, Championship and Scottish Premier League clubs in the next three years to review payments made to players amid a string of high-profile tax avoidance cases.
To hail in the new tax year, International Adviser has compiled the top 10 changes to remember for planning this year’s finances.
The new Lifetime Isa (Lisa) could prove a useful tool for financial advisers when retirement planning, according to Ollie Smyth of UK-based IFA firm Walker Crips Wealth Management.
Sixteen UK firms agreed to stop any activities related to pension transfers in the 12 months to January 2017, the Financial Conduct Authority has revealed.
The UK tax office has taken action against 14 users of tax avoidance schemes who failed to pay controversial accelerated payment notices (APNs) since their introduction in 2014 as last week high-profile British fashion designer Karen Millen was declared bankrupt over her £6m ($7.5m, €7m) unpaid bill.
A woman and her son have been charged with fraud by UK police for conspiring to fake the mother’s death in Zanzibar in an attempt to claim £140,000 ($174,387, € 163,557) in life insurance.
An Australian court has ruled against advisory firm NSG over its commission-style pay packages, which encouraged financial advisers to sell products rather than provide the best advice to clients.
Switzerland’s financial regulator is continuing its money laundering investigation into UBS Group and three other private banks in relation to Malaysian sovereign wealth fund 1MDB.
A former financial adviser is facing up to 20 years in prison after pleading guilty in a multi-million dollar fraud case involving retired San Antonio Spurs basketball player Tim Duncan.
HM Revenue and Customs (HMRC) has launched a hotline for the public to report tax fraud and evasion.
South African expats working in the Emirates could be exempt from a new tax on their foreign income under the terms of a recently-signed double tax treaty between South Africa and the United Arab Emirates (UAE).
