Novia rolls out Mifid II compliance reporting tool

To meet Mifid II’s so-called “10% depreciation rule”, Novia Financial is rolling out a solution for DFMs and advisers using its platform.

Best Practice | 1 Feb 18

Comedian tax avoider wants loopholes axed

English comedian Jimmy Carr, who was at the centre of a tax avoidance scheme that nearly ended his career, wants to scrap tax loopholes and send them to Room 101, the torture chamber from the dystopian novel Nineteen Eighty-Four.

Tax & Regulation | 1 Feb 18

UK quashes fears of public trust register

The UK Government has confirmed it is opposed to public access to its register of beneficial owners of trusts.

Best Practice | 1 Feb 18

‘Out of control’ HMRC over-taxes by half a billion

HM Revenue & Customs has handed back just under half a billion pounds to individual taxpayers since April 2015, which Royal London says shows the organisation is “out of control” when it comes to over-taxing people and then expecting them to claim it back.

Companies | 1 Feb 18

FEIFA introduces network tier

The Federation of European IFAs (Feifa) has launched a membership for advisory networks across the continent.

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