Tax & Regulation
Tax & Regulation | 3 Jul 15
HMRC takes in record levels of inheritance tax
HM Revenue & Customs took in nearly £400m worth of inheritance tax payments in April, the biggest ever amount for a single month.
Tax & Regulation | 3 Jul 15
APFA urges UK Gov’t to ease regulatory burden on advisers
The Association of Professional Financial Advisers (APFA) has urged the UK Government to overhaul financial regulation to reduce the burden placed on financial advisers.
Hong Kong tribunal backs SFC verdict to fine fund house
Hong Kong’s Securities & Futures Appeals Tribunal (SFAT) has backed a decision to fine and reprimand asset manager, Pride Fund Management, for refusing to resolve a financial dispute with a client.
Tax & Regulation | 2 Jul 15
HM Revenue & Customs ATED profits set to leap by 50%
HMRC’s receipts from the annual tax on enveloped dwellings (ATED) are set to rise by nearly 50% over the 2015/16 tax year.
Tax & Regulation | 30 Jun 15
Belvedere-owned Kijani funds go into liquidation
Cayman Islands-based, Kijani Resources, which is owned by troubled offshore fund house Belvedere Management Group, has gone into liquidation after its parent business was taken over by the island’s monetary authority earlier this month.