Best Practice | 27 Oct 17
Undeclared offshore interests face 200% penalties
The UK tax office is planning to introduce hefty new penalties of up to 200% on taxpayers with undeclared offshore investments, prompting calls from the Association of Taxation Technicians for people to get their affairs sorted sooner rather than later.
Alternatives | 26 Oct 17
Billionaires buying up sports clubs
The ultra-wealthy are investing in sport at a rate higher than ever before, with more than 140 of the top sports clubs globally now being owned by 109 billionaires, according to a joint UBS Group and PwC report.
Pension cold calling ban one step closer
The UK’s House of Lords has demanded a ban on pension cold calling be included in the upcoming Financial Guidance and Claims Bill following revelations that cold calls have risen 180% in just 10 months.
Tax & Regulation | 25 Oct 17
Cayman Islands offers trust alternative
The Cayman Islands have introduced a “unique” law that allows a company to function with the tax benefits of a common-law trust, which could prove an attractive alternative to trusts for private clients.
Best Practice | 25 Oct 17
UK watchdog recruits public to fight scammers
The Financial Conduct Authority is urging the public to report and speak out against investment scammers after finding that more than a fifth of those contacted by a suspected fraudulent investment firm stay silent.



