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Tax & Regulation

MiFID II still worrying UK wealth managers

Tax & Regulation | 9 Sep 14

MiFID II still worrying UK wealth managers

UK wealth managers remain concerned about the high compliance costs associated with MiFID II and its incompatibility with the traditional structure of UK non-bank wealth managers, says Jonathan Sokhanvari, COO at Multrees.

Vaccine tax avoidance scheme loses in court

Tax & Regulation | 9 Sep 14

Vaccine tax avoidance scheme loses in court

A cynical tax avoidance scheme which abused the reliefs offered for research into life-saving vaccines to claim back £77m, has been rejected at a second tribunal.

Property tax avoiders targeted by new HMRC

Tax & Regulation | 8 Sep 14

Property tax avoiders targeted by new HMRC

HM Revenue & Customs has established a taskforce to deal specifically with people trying to dodge property tax in the south west of England and in south Wales.

Chase de Vere ordered to pay compensation

Tax & Regulation | 4 Sep 14

Chase de Vere ordered to pay compensation

The Financial Ombudsman Service has ruled in favour of a client which was advised by Chase de Vere to invest £145,000 into three high risk UCIS funds, six years before his retirement.

Scottish independence to create uncertain

Tax & Regulation | 3 Sep 14

Scottish independence to create uncertain

Scotlands possible independence as a result of its upcoming referendum could throw up a multitude of potential issues for investors and advisers using Scottish products, says a senior industry figure.

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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.