Isle of Man to extend national insurance ‘holiday’
For the next 14 months, those who relocate to the island will save around £4,000
Tax & Technical
-
-
German citizen pleads guilty in US Panama Papers case
He was connected to beleaguered law firm Mossack Fonseca and related entities
-
Cayman tops ‘financial secrecy’ index
While the United States overtakes Switzerland for the first time
-
Mini-bond victims take legal action against lifeboat scheme
But FSCS denies wrongdoing, stating it has sought legal advice on the ‘complex and sensitive case’
-
Guernsey fund and directors hit with more fines
Following a second investigation into Louvre by the Bailiwick’s financial watchdog
-
PI premiums push UK advisory firms to turn away clients
As one business saw a nearly 400% increase in just one year
-
HMRC targets firms that facilitate tax evasion
It has nine businesses in its sights, as it deploys new powers for the first time
-
UK pension tax relief reform cannot just be ‘political play’
Industry worried that 20% cut would do ‘more harm than good’
-
Top UK earners fail to claim over £750m tax relief every year
‘Whole pension tax relief system a bloated expensive mess, riddled with problems and inconsistencies’
-
UBS investigated in Italy over €6m fraud
It acted as an intermediary for a Milan-based wealth firm that conned 117 clients
-
Goldman Sachs cannot comply with Fatca in the UK
As its platform lacks the ‘infrastructure to support people subject to US tax rules’
-
UK taxman refunded over £32m to pensioners in Q4 2019
After they were hit with emergency tax despite doing nothing wrong