Industry
Brewin Dolphins profits slump
A write off of a major IT project saw Brewin Dolphins pre-tax profits plunge 70% from £28.4m to £8.6m in the year to 28 September, though income and discretionary assets climbed.
Autumn Statement must identify root
Geoff Cook, chief executive at Jersey Finance, says chancellor George Osborne must continue to focus on tax evasion in this year’s Autumn Statement.
FSCS recovers £100m from Keydata collapse
The Financial Services Compensation Scheme (FSCS) has recovered £100m so far in compensation for the failing of life settlement firm.
Lloyds puts offshore tax planning arm up for sale
Lloyds Banking Group has reportedly put its offshore investment and tax planning business, Clerical Medical International (CMI), up for sale.
North America | 2 Dec 14
DeVere labels Boris Johnson’s US tax defiance noble
The mayor of Londons’ refusal to comply with the Foreign Account Tax Compliance Act (FATCA) by paying his American taxes has been labelled noble by Nigel Green, chief executive at deVere.