mansion tax plan catches eye of wealth
Gerry Brown, technical manager at Prudential,looks at how the UK’s proposed ‘mansion tax’ scheme is likely to hit HNWIs whose pricey UK properties have avoided certain taxes until now, by being held via offshore entities.
People Moves | 6 Jul 12
global index intl brings brazilian back
Global Index International, a Rio de Janeiro-based advisory firm which looks after expatriates in 62 countries, has recruited a Brazil native, Christiano Aguiar, to head up its sales operations.
mas mystery shoppers unimpressed with singapore
An undercover investigation into the standard of advice on offer among Singapores banks and insurers has found significant room for improvement, the Monetary Authority of Singapore said today.
axa wealth intl trials offer for bond investors
Axa Wealth International is offering investors a break on their offshore bond charges if they choose their bond investments from the Axa-owned Architas multi-asset funds range, on a guided architecture basis.
Tax & Regulation | 5 Jul 12
uk millionaire with Swiss account is first
A UK taxpayer is to pay some £830,000 in back tax, fines and costs to the UK tax authorities after being found guilty of using an undisclosed HSBC account in Switzerland to hide his money, in HM Revenue & Customs’ first successful prosecution to be based on information obtained from HSBCs Geneva branch in 2010.