Tax & Regulation
Latest news | 3 Jun 26
Utmost warns tax on wealthy non-resident property owners will be detrimental to UK
The government is mulling plans to levy an additional non-resident premium on expats who own properties worth more than £2m
Australian ex-FS director sentenced to five years in prison over unlicensed advice
From 23 June 2019, Mr Arandez was not licensed or authorised to provide financial services, but he carried on until April 2021
Utmost warns UTT extension could fuel further exodus of wealthy individuals
The Uncertain Tax Treatment rules were first introduced in 2022 to close the tax gap
FCA to review how advice firms deal with bereaved customers
The report will be published later this year, with examples of good and bad practice included
Isle of Man regulator consults on ‘legitimate interest’ route for public access to beneficial ownership info
The aim is to support the prevention, detection or investigation of money laundering, terrorist financing and proliferation financing