Tax & Regulation
LM investors recover A$40m from retirement village
Thousands of customers invested in an LM Investment Management fund have received their biggest return since the collapse of the company.
Tax & Regulation | 9 Mar 15
Two thirds of Britons oppose HMRC
Two thirds of Britons are opposed to the UK Governments ability to demand the payment of disputed tax without passing through the court system, a poll released today has found.
Avoidance promoters to face 1m fines over
HM Revenue & Customs has ramped up the rules around tax avoidance schemes with “high risk” promoters now facing fines up to £1m.
North America | 9 Mar 15
Lenient FATCA has kick started
FATCA, the US’s controversial piece of US tax legislation, has marked the first step towards global transparency and has provided cooperating jurisdictions with plenty of leniency, a US-based tax expert has said.
Tax & Regulation | 5 Mar 15
Trail commission ban to slash
The UK regulators banning of trail commission in 2016 could result in over 15,000 advisers losing their job, a report by the former director general of the association of IFAs has predicted.