Tax & Regulation
Tax & Regulation | 14 Aug 17
More UK pension trustees to be hit with higher penalties
The Pensions Regulator is stepping up how it uses its enforcement powers, which includes financial penalties, and expanding who it considers to be a professional trustee.
Tax & Regulation | 11 Aug 17
Mazars cleared of bad advice charge by UK Ombudsman
A man who had to pay additional taxes after losing his lifetime allowance (LTA) protection on his pension plans was not poorly advised by the financial planning arm of UK accountancy firm Mazars, the ombudsman has found.
North America | 11 Aug 17
US court upholds IRS penalty on US expat demanding tax refund
A US court has dismissed a complaint by an American citizen residing in Canada who claimed to have paid an unconstitutional penalty for failing to file the fiscal documentation required for his offshore business.
Tax & Regulation | 10 Aug 17
UK stately home donates Roman artefacts to pay IHT bill
North Yorkshire stately home Castle Howard has donated Roman artwork to the nation in lieu of nearly £5.5m ($7.1m, €6.1m) owed in inheritance tax.
Tax & Regulation | 10 Aug 17
Crown dependencies should be able to elect MPs, says Tory MP
Britain’s crown dependencies should be granted the same parliamentary representation given to devolved jurisdictions, a former member of the UK Parliament’s Foreign Affairs Committee has said.