Tax & Regulation
SimplyBiz parent company reveals double acquisition
In a bid to bolster its offering for advisers
UK financial watchdog cancels regulatory permissions of digital bank
After the FCA found the firm ‘appeared to have provided investment products or services’ without authorisation to do so
17% rise in number of families paying IHT
Average inheritance tax bill fell 1% to £214,000 in 2020/21 financial year
Aussie regulator starts civil penalty proceedings against Vanguard
Accusing the asset manager of ‘misleading conduct’ in relation to claims about ESG
Inheritance tax receipts reached £2bn between April and June
A £200m increase from last year