Does the tax advice sector need mandatory PI insurance?
Standards are ‘typically high’ but ‘issues can arise within a minority of mainly smaller firms’
Tax & Technical
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Over $1.3bn collected in wake of Panama Papers leak
UK tops the list with biggest sum recouped of more than $250m
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UK trust company launches after NatWest acquisition
Firm has an ‘ambitious expansion strategy’ with plans to create an ‘international’ group
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UK tax year end date is ‘chaos’ for multi-domiciled clients
Reporting to two or more regimes that operate to different calendars causes ‘difficulties’
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UK refuses to uprate expat pensions in Canada
Move deemed ‘disappointing’ and a ‘staggering betrayal’ by activists
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‘Accidental’ Americans appeal Luxembourg Fatca decision
They aim to stop the European country from sharing information with the US
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Actor has assets frozen for involvement in $690m Ponzi scheme
He and his company promised 35% returns by reselling film rights to Netflix and HBO
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Advisers left ‘vulnerable’ by lack of PI cover for EU clients
‘It is disturbingly clear that for many this will be detrimental to their business’
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Carey Pensions to pay compensation after split court ruling
‘UK regulated firms will need to consider implications of dealing with unregulated third-parties’
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Does Brexit mean tax changes for UK expats in France?
‘Without suitable planning’ they may incur unnecessary bills
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Need for ‘consistent’ DB advice sparks regulatory guidance
FCA says firms will need to change processes where ‘their approach falls short of the standards’
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Mini-bond victims to appeal FSCS judicial review
Judge expressed ‘greatest sympathy’ for investors but dismissed their claim