Tax & Regulation
Tax & Regulation | 16 Dec 13
hmrc tax investigations haul hit
HM Revenue & Customs has beaten its “massively ambitious” target for total revenue raised collected as a result of its tax investigation work by £2bn in the 2012-13 tax year, hitting a new record, UHY Hacker Young reports.
North America | 13 Dec 13
jersey guernsey and isle of man sign
Jersey, Guernsey and the Isle of Man have today all signed intergovernmental agreements (IGAs) with the US to implement the latter’s controversial Foreign Account Tax Compliance Act.
Tax & Regulation | 13 Dec 13
plans for single nil rate band for iht on trusts
The UK Government has said it will delay plans to introduce a single nil-rate band for inheritance tax across all trusts, after receiving a high level of industry opposition.
Tax & Regulation | 11 Dec 13
the start date of isle of mans rdr moved back
The start date of the Isle of Man’s answer to the UK’s Retail Distribution Review has been moved back to the first of February, 2014, from the first of the year, financial advisers, wealth managers and others on the island were informed yesterday.
Tax & Regulation | 11 Dec 13
volcker rule approved by us regulators
As expected, five US financial regulators voted yesterday to approve the so-called Volcker Rule, which establishes new limits on US banks.