United Kingdom | 25 Jun 12
hsbc expat launches renminbi product range
HSBC Expat, the Jersey-based offshore banking arm of Asia-focused, UK-based HSBC, is introducing a package of renminbi products that it says are designed to enable its customers to benefit from what many believe will be a rise in the Chinese currencys value, and its growing acceptance as a mainstream currency.
United Kingdom | 25 Jun 12
statutory residence responses published
Responses to the UK Treasurys proposed statutory residency test, which is aimed at replacing a cumbersome residency system based mainly on case law, have been published by HM Revenue & Customs.
Retirement | 24 Jun 12
gibraltar parliament paves way for qrops
The Gibraltar Parliament has paved the way for QROPS to return to the jurisdiction, by approving proposed amendments to its income tax legislation that, officials say, will satisfy the concerns of Britains tax authorities.
Retirement | 22 Jun 12
manulife launches retirement product with critical
Manulife, the Canadian headquarter life insurance company, has launched MyChoice, a new retirement savings plan offering critical illness benefits.
Retirement | 22 Jun 12
rosiip clients granted group litigation order
The aggrieved clients of the Panthera ROSIIP QROPS have been granted a Group Litigation Order by the UKs High Court, allowing them to bring a case against HM Revenue & Customs in relation to the government departments decision to charge the clients a 55% tax charge on assets transferred to the scheme.