United Kingdom
Tax & Regulation | 22 Jul 15
UK tax office considers changes to lifetime allowance protection
The UK tax office has decided to offer pension savers the ability to protect their entitlement to £1.25m lifetime allowance when a new lower limit is introduced on 6 April 2016, but is looking at changing the way individuals register for the protection.
United Kingdom | 22 Jul 15
Wheatley ‘disappointed’ to leave FCA with unfinished business
Ousted Financial Conduct Authority boss Martin Wheatley has said he is “disappointed” to be leaving his job at the UK regulator and feels a “sense of unfinished business” at doing so.
United Kingdom | 21 Jul 15
Experts question focus of HMRC offshore tax evasion powers
Experts have criticised HM Revenue & Customs for using scare tactics and having an incorrect focus after the government body announced new “strict liability” powers to tackle offshore tax avoidance last week.
Tax & Regulation | 21 Jul 15
Serious Fraud Office plans budget cut of 35% despite rise in inquiries
The Serious Fraud Office is to cut its budget by 35% over the next financial year, despite a rise in the number of new investigations opened during 2014-15.
Investment | 21 Jul 15
Is ‘recovery’ the best play in a fully-valued market?
Large-cap defensive stocks could be in for a fall in what is expected to be a volatile summer for markets, say industry experts.