Isle of Man managing director for KPMG dies
Global audit, tax and advisory services firm KPMG has announced that the “much-loved” managing director of its Isle of Man practice, Mike Fayle, died on Saturday at the age of 63.
Global audit, tax and advisory services firm KPMG has announced that the “much-loved” managing director of its Isle of Man practice, Mike Fayle, died on Saturday at the age of 63.
Paul Etheridge, the chairman of UK financial planning firm the Prestwood Group has been awarded a Chartered Institute for Securities & Investment (Cisi) honorary fellowship.
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.
HM Revenue and Customs (HMRC) has launched a hotline for the public to report tax fraud and evasion.
Retail investors in Guernsey do not have the same right to redress as their Jersey counterparts, Channel Islands ombudsman Douglas Melville has confirmed.
Jersey is running a voluntary disclosure scheme giving islanders the opportunity to tell the taxman if they have made a mistake or failed to declare income without having to pay extra penalties, ahead of tougher sanctions that may be brought in next year.
New rules to force UK wealth managers to tape telephone calls with clients will not apply to smaller advisory firms, the FCA revealed on Friday.
A staggering 70% of people have no understanding of the new residence nil rate band allowance coming into force on 6 April, which could have serious implications for their inheritance tax planning, warns Old Mutual Wealth financial planning expert, Rachael Griffin.
Wound up Isle of Man-based investment fund manager the Premier Group has links to the Panama Papers, the worldwide scandal described as the “biggest ever blow” to the offshore world.