Best Practice | 6 Jul 17
HMRC doubles tax evasion requests to overseas governments
HM Revenue and Customs has almost doubled its requests to governments elsewhere in the world for help in suspected tax evasion cases over a five-year period, according to figures obtained by law firm Pinsent Masons.
Investment | 6 Jul 17
Ultra-wealthy missing out on ‘huge returns’
Risk averse high-net worth investors are losing out on significant returns, as more than a third of the average portfolio is held in cash new analysis by UBS has revealed.
France delays tax cuts until 2019 as austerity bites
French prime minister Edouard Philippe has announced that the government will have to delay planned tax cuts until 2019 due to the poor state of the country’s finances.
Tax & Regulation | 6 Jul 17
HMRC wins long-running case against Rangers football club
The UK Supreme Court has ruled in favour of HMRC in its seven-year pursuit of Rangers Football Club for aiding and abetting tax avoidance using Employee Benefit Trusts (EBTs).
Retirement | 6 Jul 17
Selectapension suspends Qrops transfer service after FCA audit
A UK firm which writes third party Qrops transfer reports has suspended its defined benefit pension transfer business following an FCA audit.