74% of Brits have done nothing to reduce future IHT bill
There is ‘a huge opportunity for further education and guidance’ on inheritance tax planning
Tax & Technical
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NRIs need to approve recurring payments in battle against fraud
They will have to send their banks in India advance notifications or face having transactions cancelled
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Decade of triple lock increased value of state pension by 35%
But next year marks the first time the rise will not be in line with the model
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Which low-tax jurisdiction will HNWs flock to next?
As countries compete to attract wealthy individuals across the world
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How will Spanish tax hikes affect expats?
Brits looking to relocate to the country should ‘make lifestyle changes and expand financial portfolio’
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How will UK pensions be taxed in the EU?
As advice group warns double taxation treaties could work against British retirees
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Cost of pension tax relief hits £41bn
But this is ‘no excuse’ for the chancellor to raid it in the upcoming budget
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Insurance trade body calls on UK government to reform Mifid
So that DIY investors can get greater guidance from product providers
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IHT refunds as property prices fall
Families can reclaim tax if value decreases between date of death and sale
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Guernsey to tighten CRS and Fatca reporting
As online registration becomes mandatory for all financial services firms
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IHT bills exceed £6bn for first time
‘Inheritance tax is becoming ever-more lucrative for HMRC’
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HMRC lacks data on pension annual allowance breaches
While DWP under fire for £1bn in underpaid pensions