Tax & Regulation
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.
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).
Tax & Regulation | 12 Jan 16
UK adviser gets five years for tax evasion
A UK tax adviser and accountant has been jailed for five years after being found guilty of evading more than £6m in tax for himself and his clients, who were mostly from the media and entertainment industry.
Tax changes may boost Korea’s mutual fund industry
The Korean government intends to temporarily waive a 15.4% capital gains tax on overseas equities funds, according to a Cerulli report.
Investment | 11 Jan 16
Customers take action over lifetime allowance reduction
Calls from customers on changes to the lifetime tax allowance (LTA) increased fourfold in the second half of 2015, according to Fidelity International (FI), as consumers start to take action ahead of the April deadline.