Reviews into HMRC late payment penalties increase
HMRC has seen a rise in the number of reviews requested by taxpayers into decisions it has made on late filing and late payment penalties.
Tax & Technical
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Calls to tax evasion hotline up 24
The number of calls to HMRC’s tax evasion hotline has increased by almost a quarter over the past year, however, very few calls are exposing large scale tax evasion.
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The bare necessities
Careful legacy planning to secure assets for future generations while minimising inheritance tax liabilities allows clients the ability to distribute their wealth as they wish after death, says Karen Barretto, head of technical services at IOMA.
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Gibraltar introduces qualifying non UK pension
The Gibraltar Government has recently enacted changes to its tax law to enable qualifying non UK pension schemes (QNUPS) to be established in Gibraltar. Lynette Chaudhary international tax manager at STM Fidecs, explores what a QNUPS is and what it means for Gibraltar.
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Could UK expats miss out on freedom of choice
Brooklands Pensions Mark Sanderson asks whether all of your UK expatriate clients will be able to make the most of the new pension flexibility.
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For richer for poorer
A recent divorce ruling means many more individuals than was previously thought will require IHT planning advice, says Gerry Brown, technical manager at Prudential.
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Opportunities following the Budget
Now that the dust has settled following the UK Chancellors 2014 Budget Announcement, it's time to take a look at the opportunities available to International Advisers and their clients with UK pension schemes.
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Home improvements Life trends with Canada Life
Sean Christian, managing director of Canada Life International, explains how the company launched its Dublin-based solution to maintain a clear strategic focus on the core UK market.
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Up to speed on pensions
The recent radical overhaul of pensions means phased retirement strategies will be more important than ever.
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HMRC tax bashing the middle classes
Mike Down, head of tax risk and investigation management group at Baker Tilly, says HMRCs aggressive tax penalty structure is victimising the British middle classes. Here he discusses what the future could hold for the body which has been so heavily criticised in recent month.
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Pension liberation and massive tax traps
The UK Budget 2014 saw huge changes in pensions, which on the face of it offer greater freedom to do what clients want with their retirement funds. Gary Boal sets out his reasons why QROPS remain attractive.
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Private funds for high net worth individuals
Carolyn Gelling, head of collective investment funds at Thomas Miller discusses the benefits and restrictions of investment made into exempt schemes.