chambers of commerce of channel islands
The four Channel Islands Chambers of Commerce have met for the first time, in what Julian Winser, president of the Guernsey Chamber of Commerce, said was expected to become a regular event.
Guernsey
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guernsey funds forum lamont on inflation
Former Chancellor of the Exchequer Norman Lamont argued that UK interest rates have stayed low for too long, at the Guernsey Funds Forum event in London yesterday.
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gapp considers formal complaint against hmrc
The chairman of the Guernsey Association of Pension Providers has confirmed the body may consider making a formal complaint against HM Revenue & Customs in response to its decision to de-list more than 300 of the jurisdiction’s QROP Schemes.
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guernsey stick to strong financial sector
Guernsey should not move away from having its financial sector as a foundation stone for its economy, according to consultants Oxford Economics.
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guernsey finance reacts to unjust attack
Guernsey Finance has reacted angrily to the decision by HM Revenue & Customs to de-list nearly all of the islands QROPS last week, calling it an unjust attack on the jurisdiction.
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pension providers hmrc targeted guernsey
An association representing Guernseys pension providers this evening issued a statement saying it was extremely disappointed at the way an HMRC review of QROPS providers had caused the number of the islands qualifying recognised overseas pension schemes to drop to three from 312, with the publication of its latest list, and called for clarification as…
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qrops industry surprised by HMRC Guernsey move
News that HM Revenue & Customs is taking a harder line with third country UK pension transfers to Guernsey has been met with surprise by many in the QROPS industry but possibly not as much as might be expected.
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QROPS only to be for residents, Guernsey says
HMRC has informed Guernsey officials that going forward, Guernsey pension providers will only be permitted to accept transfers of the UK pensions of Guernsey residents, a Guernsey government statement has revealed.
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rothschild trust guernsey to cut staff by 1 3
Rothschild Trust Guernsey, an arm of the global, family-owned Rothschild Group, has announced it will cut around 20 jobs from its current staff of 60 over the next six months.
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guernseys new pensions regime explained
The dust began to settle on Monday on Guernsey, with an end to the islands pensions industrys race against the clock to install a new pension scheme, ahead of a deadline set almost four months ago by HM Revenue & Customs.
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guernsey enacts new pension regime
As expected, Guernseys State Legislative Committee yesterday approved a proposed new pension regime aimed at enabling the island to continue to look after UK pensions transferred there by those leaving the UK for good.
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guernsey qrops legislation passes hurdle
The States of Guernseys House of Deliberation has waved through proposed legislation that would provide a new regime for QROPS, paving the way for final approval within the next three weeks, Guernsey sources told International Adviser yesterday evening.