Tax & Regulation
S. African tax amnesty to aid small firms and individuals
Individuals and small, closely held business entities will be the most affected by the South African offshore tax amnesty which is due to begin in October, according to EY.
Tax & Regulation | 29 Feb 16
Tax grab from UK lifetime allowance limit rises sharply
The amount of tax the UK government collects from pension savers who have breached their lifetime allowance (LTA) has almost quadrupled since George Osborne became chancellor, The Sunday Times reported.
Brexit vote will have major impact on Gibraltar, UK gov’t says
There would be serious implications for Gibraltar were the UK to withdraw from the EU, according to an official UK government paper published on Monday.
Tax & Regulation | 24 Feb 16
Little proof FCA actions reduce mis-selling – NAO
The Financial Conduct Authority lacks “good evidence” that its enforcement actions are helping to reduce levels of mis-selling of financial services products, according to the National Audit Office (NAO).
EEA status a bigger issue than Brexit
The big question for international advisers isn’t Brexit but whether or not the UK is granted European Economic Area status, according to the Federation of European IFAs.