Best Practice | 5 Jul 17
Tax planning trustees warned over beneficial register deadline
Many trustees will have too little time to comply with the new rules for the beneficial ownership register of trusts, and others will have huge amounts of information to gather, international audit, tax and consultancy firm RSM has warned.
Middle East | 5 Jul 17
Expats leaving Saudi must pay new ‘family tax’ upfront
Expats living in Saudi Arabia will have to pay the newly-introduced ‘family tax’ upfront if they want to leave the Kingdom for any reason, the government has confirmed.
Best and worst funds in Asia in June 2017
UBS, Allianz, Schroders, Blackrock and Castlestone have funds that are among the best and the worst performers in June 2017.
China cuts and delays VAT levy on asset managers again
China has cut and again pushed back plans to levy a value-added tax on asset managers for returns on assets under management, adding a further six-month reprieve on an already 14-month grace period.
Best Practice | 4 Jul 17
UK advisers required to ‘tape’ calls under final Mifid II rules
Advisers in the UK will be required record telephone conversations with clients, the Financial Conduct Authority (FCA) has confirmed, and DFMs are set to be included in the measure.