HMRC fires warning shot at offshore tax dodgers

Time is running out for anyone with undeclared offshore assets before tougher penalties kick in giving HM Revenue & Customs more time to investigate when people have failed to declare the right amount of tax.

Best Practice | 6 Mar 18

First unexplained wealth orders issued in £22m case

The UK’s National Crime Agency has secured the first unexplained wealth orders to uncover if two properties are ultimately owned by a politically exposed person, less than a month after the legislation was introduced.

StanChart Singapore hit with $5m fine for Guernsey transfers

Best Practice | 6 Mar 18

Law firms an ‘obvious target’ for money launderers

Six law firms are being investigated for money laundering failures, prompting the Solicitors Regulatory Authority (SRA) to warn lawyers that they need to do more.

Best Practice | 6 Mar 18

Should baby boomers pay more tax?

The chickens have come home to roost for baby boomers and they should be taxed more to create greater fairness between the generations, a UK politician has argued.

Best Practice | 6 Mar 18

Look beyond headlines for value in the US

Investors must look beyond high valuations in the US market and search for opportunities at the sector, size and style level, according to Morningstar UK chief investment officer Dan Kemp.

Best Practice