HMRC taskforce targets wealthy Northern Ireland tax evaders
HM Revenue & Customs has set up a new taskforce to tackle tax evasion by wealthy individuals in Northern Ireland.
HM Revenue & Customs has set up a new taskforce to tackle tax evasion by wealthy individuals in Northern Ireland.
As chancellor allegedly George Osborne prepares to crack down on non-doms in Wednesday’s budget, experts have recommended offshore bonds as an alternative to those facing an increasing amount to protect their foreign earnings from UK tax.
The Financial Conduct Authority (FCA) has published a final set of rules designed to improve individual accountability and raise standards across the City of London.
The OECD has backed Guernsey in its fight against tax haven status, describing the crown dependency’s inclusion on the European Commission’s list of top 30 non-compliant tax jurisdictions as “very surprising”.
SIPP providers should be held fully accountable where an investor has not taken financial advice, a law firm has said in a letter to the chief of the Financial Conduct Authority (FCA).
HM Revenue & Customs took in nearly £400m worth of inheritance tax payments in April, the biggest ever amount for a single month.
The Association of Professional Financial Advisers (APFA) has urged the UK Government to overhaul financial regulation to reduce the burden placed on financial advisers.
Hong Kong’s Securities & Futures Appeals Tribunal (SFAT) has backed a decision to fine and reprimand asset manager, Pride Fund Management, for refusing to resolve a financial dispute with a client.
HMRC’s receipts from the annual tax on enveloped dwellings (ATED) are set to rise by nearly 50% over the 2015/16 tax year.
Cayman Islands-based, Kijani Resources, which is owned by troubled offshore fund house Belvedere Management Group, has gone into liquidation after its parent business was taken over by the island’s monetary authority earlier this month.
Swiss bank Julius Baer has set aside $350m to settle tax evasion allegations with US tax authorities, significantly reducing the time accountholders have to voluntarily disclose their details at a reduced penalty.
The Financial Conduct Authority (FCA) has rejected calls for a freeze in its fee hikes and has confirmed a 10.2% increase in 2015/16 for financial advisers.