Tax & Regulation
Tax & Regulation | 16 Jul 12
isle of man issues tax consultation
Individuals and businesses on the Isle of Man have until 7 Sept to comment on a range of elements of the island’s tax strategy, including whether its current 10% corporate tax rate should be widened.
Tax & Regulation | 13 Jul 12
hmrc tax hotline rings off the hook
HMRC has received more than 400,000 calls to its tax evasion hotline during the past five years, according to data obtained via a freedom of information request.
Tax & Regulation | 12 Jul 12
MIPs may be dead but not forget offshore rps
Following the recent Budget announcement that there is going to be an annual limit applied to payments to qualifying policies, which includes maximum investment plans (MIPs), a consultation is currently underway.
Tax & Regulation | 6 Jul 12
ESMA highlights adviser final MiFID guidelines
The European Securities and Markets Authority (ESMA) has today highlighted failings in adviser practice as it publishes two final sets of guidelines under the Markets in Financial Instruments Directive (MiFID), covering suitability of investment advice and compliance matters.
Tax & Regulation | 5 Jul 12
uk millionaire with Swiss account is first
A UK taxpayer is to pay some £830,000 in back tax, fines and costs to the UK tax authorities after being found guilty of using an undisclosed HSBC account in Switzerland to hide his money, in HM Revenue & Customs’ first successful prosecution to be based on information obtained from HSBCs Geneva branch in 2010.