Tax & Regulation | 2 Jan 13
hmrc to investigate investors in manx tax
Two hundred wealthy investors accused of sheltering millions of pounds in an Isle of Man based tax avoidance scheme have been sent letters by HM Revenue & Customs warning them they are to be investigated, according to a recent article in the Financial Times.
bond funds top european inflows
Flows into bond funds reached 20bn across Europe in November, the second-best month since Morningstar first began collating the data in 2007.
mbe to mbmg founding partner macdonald
Graham Macdonald, one of the founders of the Bangkok-based advisory business MBMG Group and its managing director, was awarded an MBE in the Queen’s New Year honours list, published at the end of December.
Tax & Regulation | 2 Jan 13
cameron makes tax avoidance top priority
UK Prime Minister David Cameron has called on the leaders of the G8 group of the world’s wealthiest nations to take “bold steps” this year to drive growth in a time of “grave economic uncertainty”.
Tax & Regulation | 2 Jan 13
five questions for clients to ask advisers
The UK’s Financial Services Authority has produced a consumer guide to explain its far reaching Retail Distribution Review, which banned commission payments from providers to financial advisers from the end of 2012.