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Tax & Regulation

IoM set for single financial services regulator

Tax & Regulation | 23 Oct 15

IoM set for single financial services regulator

A year after it was announced, the Isle of Man’s three main financial regulatory bodies will merge on 1 November 2015, creating the Isle of Man Financial Services Authority (IoMFSA).

UK tax gap stable at £34bn

Tax & Regulation | 22 Oct 15

UK tax gap stable at £34bn

The UK’s ‘tax gap’ has remained around the £34bn mark over the previous year, according to the latest figures from HM Revenue & Customs.

Margaret Hodge calls for overhaul of UK tax laws

Tax & Regulation | 21 Oct 15

Margaret Hodge calls for overhaul of UK tax laws

Former chair of the UK public accounts committee Margaret Hodge, who has repeatedly attacked the use of offshore tax avoidance schemes, has called for an overhaul of the British tax system.

Gibraltar accepted by European anti-money laundering body

Tax & Regulation | 20 Oct 15

Gibraltar accepted by European anti-money laundering body

After prolonged negotiations, Gibraltar has been accepted for evaluation by the Council of Europe’s anti-money laundering monitoring body, Moneyval.

HMRC backtracks on loan tax rule for non-doms

Tax & Regulation | 19 Oct 15

HMRC backtracks on loan tax rule for non-doms

HM Revenue & Customs has backed out of a controversial policy to scrap concessional treatment of non-domicile loans.

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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.