Industry

Middle East | 4 Sep 17

Saudi Arabia has opened registration for the new 5% value added tax (VAT), which begins on 1 January next year as part of a move to diversify its economy away from a reliance on oil revenues.

Tax & Regulation | 1 Sep 17

A group of 45 former English Premier League footballers are to sue the professional advisers linked to the £700m Ingenious Media film investment scheme that has been accused by the UK taxman of creating artificial losses to allow investors to claim tax relief.

Best Practice | 1 Sep 17

IHT planning, nil rate bands and replacing pension scheme death benefits are some of the reasons life insurance needs to remain a core part of financial planning, according to Chris Lean, a chartered financial planner with Aisa International. Click through the slides below to see six key reasons advisers need to speak to clients about ensuring they are protected.

Companies | 1 Sep 17

Zurich’s group chief risk officer is to retire next year, with her replacement already identified. One of the insurer’s chief underwriting officers has also confirmed his departure. Aberdeen Standard Investments has named a general manager and senior representative in China, while Walker Crips has confirmed a raft of senior changes as its chief executive plans his retirement.

Companies | 1 Sep 17

Guernsey-based The International Stock Exchange (TISE) reported a 45% increase in listings year on year at the end of June to 2,411 listed entities.