IDD will make inducement rules ‘worse’ – Fecif
A European-wide adviser survey shows how the next wave of red tape in Europe will match Mifid II in its impact.
Tax & Technical
-
-
Almost half of wealthy Britons eyeing expat status
Tax is a top concern for the UK rich with two in five saying they would emigrate in the wake of significant tax increases.
-
Expat reprieve opens door to wider US reform
A reprieve for US expats caught up in changes to overseas corporation tax “opens the door” toward a residency-based taxation, claims Washington-based campaign group American Citizens Abroad.
-
Gay couple wins EU residency test case
Married gay couples have equal EU residency rights the European Court of Justice has ruled.
-
Advisers need to behave like fintechs
A European advice industry association is calling on advisers to push for the demolition of “absurd regulation” and to act like fintechs.
-
US expats granted tax reprieve
American expats caught in a “ridiculous” tax aimed at US corporates have been granted a one-year reprieve.
-
Regulatory review beckons for Gibraltar
The government of Gibraltar and HM Treasury are looking for a consultant to undertake a “diagnostic review” of the overseas territory’s insurance regulatory regime.
-
Bankruptcy and divorce: What next for Boris Becker’s assets?
After former tennis star and bankrupt Boris Becker and his wife Lilly announced their separation following nine years of marriage last week, barrister Nicholas Fairbank looks at what the ramifications are for his finances.
-
Offshore tax measures behind UK evasion spike
HM Revenue and Customs identified a 20% jump in serious tax evasion cases in the past 12 months, according to data obtained by law firm Pinsent Masons.
-
‘Monstrous’ offshore bond tax regime ripe for review
In a wide-ranging review of the tax treatment of pensions and savings income, the UK’s Office for Tax Simplification has called for HM Revenue & Customs to launch a review into life insurance withdrawals.
-
Avoid Harry and Meghan tax hangover warn accountants
Property owners who rented out their Windsor properties for thousands of pounds over the Royal wedding weekend or those selling their Royal goodie bags on eBay, risk a tax hangover if they hide their windfall, London accountants Blick Rothenberg have warned.
-
Luxury asset structuring a major opportunity in Asia
Swathes of Asia’s greatest family fortunes held in alternative assets like fine art or watches are being overlooked by financial planners, according to an experienced trustee.