Tax & Regulation
South Africa contemplates introducing new wealth tax
South Africa’s government could be looking to introduce a wealth tax as the country struggles to deal with extreme income inequality coupled with a dwindling tax base.
Tax & Regulation | 25 Oct 16
Arck directors banned by the FCA over £50m fraud
Two UK company directors, who were convicted for giving clients bad advice to invest in fraudulent property investment scheme Arck LLP, have now been banned by the Financial Conduct Authority (FCA).
Best Practice | 25 Oct 16
UK advisers set to overhaul business models under Mifid II
Over a half of UK advisers believe additional regulatory and compliance demands when Mifid II comes into effect will force them to review their business models, according to Investec Wealth & Investment (IW&I).
Australian expats in the US could face taxes on super accounts
Australian expats living in the US may have to pay taxes on their superannuation pension accounts, following changes to the Internal Revenue Service’s (IRS) reporting requirements for such schemes.
Tax & Regulation | 24 Oct 16
Call to end tax allowance taper as UK Autumn statement nears
After scrapping the secondary annuity market and potentially softening the non-dom tax changes, is the annual pension savings allowance taper the next thing that should go?