Tax & Regulation
Hong Kong’s new Insurance Authority eyes mis-selling crackdown
Hong Kong’s new insurance regulator plans to work closely with its mainland China counterpart to protect consumers when it officially takes over from the Office of the Commissioner of Insurance (OCI) on 26 June.
Middle East | 12 Jun 17
Saudi expat tax to start in July
Saudi Arabia will levy a new tax on expatriates and their dependents from 1 July 2017 in a bid to boost the Gulf state’s local employment and revenues following persistently weak oil prices.
Tax & Regulation | 12 Jun 17
Newcastle Utd launches legal action against HMRC tax raids
A UK high court has banned HMRC from examining material seized from Newcastle United’s football stadium following a legal challenge mounted by the club.
Tax & Regulation | 9 Jun 17
Int’l IFAs expect ‘softer Brexit’ as British PM clings to power
As Britain adjusts to the news that prime minister Theresa May will form a minority government backed by Northern Ireland’s Democratic Unionists, advisers around the world expect that the UK’s shocking hung parliament result will lead to a “softer Brexit” approach.
Tax & Regulation | 9 Jun 17
May’s ‘moment of madness’ dementia tax backfires in UK election
The UK Conservative Party’s pledge to introduce a so-called ‘dementia tax’ could have cost prime minister Theresa May a clear majority in the UK general election, say UK advisers, as Britain now faces the prospect of a Conservative government backed by Northern Ireland Unionists.