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Tax & Regulation

Close Brothers AM sees record inflows into IHT service

Alternatives | 19 Jan 16

Close Brothers AM sees record inflows into IHT service

UK wealth manager Close Brothers Asset Management (CBAM) said its Close Inheritance Tax Service (CITS), which can help investors reduce death duties, had raised a record £45m ($64m, €59m) in 2015.

Inequality to stay until tax havens go, says Oxfam

Tax & Regulation | 18 Jan 16

Inequality to stay until tax havens go, says Oxfam

There will be no end to the inequality crisis until world leaders end the era of tax havens, once and for all, according to a report from charity Oxfam.

UK gov’t favours upfront tax relief on pension plans

Tax & Regulation | 18 Jan 16

UK gov’t favours upfront tax relief on pension plans

UK chancellor George Osborne is likely to opt for a flat rate of tax relief on pension savings rather than a more radical move to a so called “pension Isa” when he announces the outcome of the government’s current review.

My dog ate my tax return…

Tax & Regulation | 15 Jan 16

My dog ate my tax return…

“Self-assessment” and “tax return” are words that will cause even the most diligent of us to feel as though we’ve suddenly developed narcolepsy. An onerous task at best, people have come up with various excuses as to why they failed to meet the 31 January deadline. Click through the gallery to see the 10 worst excuses HM Revenue & Customs received from those missing the 2013-14 deadline.

Overseas pension transfers challenging for int’l advisers

Tax & Regulation | 13 Jan 16

Overseas pension transfers challenging for int’l advisers

There would be widespread support from international advisers for the UK’s Department for Work and Pensions (DWP) to reassess changes to overseas pension transfers, according to research from Old Mutual International (OMI).

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.