High net worth voters back Labour despite private school tax
A quarter (27%) of the UK’s highest earners will vote for Keir Starmer in spite of VAT charges on private education
A quarter (27%) of the UK’s highest earners will vote for Keir Starmer in spite of VAT charges on private education
Also extends business rate support in measures targeted at SMEs
As shadow chancellor Rachel Reeves indicated several measures the party will and won’t implement
As it scraps VAT from its managed portfolio service
This will apply to the firm’s custody model portfolio service and clients held on third-party platforms
It would be the first country in the region to go down this road
Copious use of the word ‘billion’ by Sunak but he offers no insights about how it will be funded
The hike is not expected to happen until after 2021 when other GCC countries could align too
The Italian tax authority has ruled that independent financial advisers are subject to VAT fees, setting a legal precedent for other EU nations to adopt.
Financial advisory firms operating in the UAE say while they still have questions about how the government’s new Value Added Tax (VAT) impacts the financial sector, it is better to be safe than sorry and assume it applicable to the services they provide.
The UAE Government is considering introducing further taxes in addition to value-added tax but has confirmed that a levy on income will not be up for discussion.
A potentially misconceived public perception of offshore trusts and tax law is putting pressure on chancellor Philip Hammond to further tighten regulations in the upcoming UK budget, according to experts from consulting firm RSM.