Tax & Regulation
DB transfer take-up hits six-year low
As market suffers from contingent charging ban
IHT bills exceed £6bn for first time
‘Inheritance tax is becoming ever-more lucrative for HMRC’
Avacade duo handed six-year bans
After they paid themselves £1.3m and ignored creditors
HMRC lacks data on pension annual allowance breaches
While DWP under fire for £1bn in underpaid pensions
Aussie taxman cracks down on disguised undeclared foreign income
Residents deliberately concealing or omitting assets ‘will face substantial penalties’