Tax & Regulation
Investment | 30 Oct 17
Hammond’s budget surplus dream in tatters after IFS kick
Philip Hammond needs to admit his promise to eradicate the UK’s budget deficit by the mid-2020s is “no longer sensible”, a report from the Institute of Fiscal Studies (IFS) has said.
Expats reprieved on Portuguese pension tax
A widely speculated 10% tax on expat pensions transferred to Portugal has been left out of the country’s 2018 budget, but this does not mean the rule change is not coming, experts warn.
Guernsey set to cut tax on mansions over £1.5m
Guernsey looks set to make itself more attractive to high net worth expats with the adoption of a tax cut on open market property worth at least £1.5m ($1.98m €1.7m).
Glimmer of hope for US expats on citizen-based taxation
The US Republican party is reportedly looking to eliminate requirements for citizens abroad to pay taxes both overseas and in the US, according to UK newspaper the Financial Times.
SEC clears path to US research post-Mifid
The Securities and Exchange Commission (SEC) has announced that UK investment firms will be able to temporarily access research from the US post-Mifid II.