southern malaysian state to impose
A government official in the southern Malaysian state of Johor has said higher tax rates may be imposed on some 130,000 foreigners who own property there, the Malaysian Star reported yesterday.
Tax & Regulation | 3 Jun 13
draft qrops regs said not to apply
The new reporting requirements set down in the draft QROPS regulations issued last month by HM Revenue & Customs will not apply to schemes that lost their QROPS status before the regulations become law, at least as currently proposed, pension industry sources report.
Henderson UK Absolute Return fund re-opens
Henderson is to re-open its UK Absolute Return Fund, a strategy which includes a UK Oeic and a Luxembourg Sicav, following a decrease in the stock correlations which prompted its soft closure at the end of 2011.
friends prov intls thompson moves to uae
Friends Provident International has named David Thompson to succeed the departing Omar Shelbaya as regional sales director for the Middle East and Africa, as it continues to expand its operations in the Gulf.
Tax & Regulation | 3 Jun 13
hmrc launches online tool for calculating
Now that the UK has its first-ever statutory definition of UK residency for tax purposes, the tax authorities have come up with a tool to help people determine their status.