United Kingdom
United Kingdom | 21 Jul 15
Deadline for HMRC employee benefit trust settlements nears
Companies have just days left to settle their use of employee benefit trusts (EBTs) with HM Revenue & Customs or risk facing substantially higher tax bills, accountancy firm Moore Stephens has warned.
Tax & Regulation | 20 Jul 15
Time for FCA to refocus on fraudsters, says RPC
The surprise departure of Martin Wheatley as head of the Financial Conduct Authority could be an opportunity for the UK regulator to refocus activity on small-scale fraudsters who target the unsophisticated retail investor, says City law firm RPC.
Tax & Regulation | 20 Jul 15
New UK offshore tax laws must prove criminal intent – CIOT
The UK government’s plans for a new law to make offshore tax evasion a criminal offence must include a requirement that prosecutors prove criminal intent, according to the Chartered Institute of Taxation (CIOT).
People Moves | 17 Jul 15
FCA head Martin Wheatley resigns
The head of the UK’s Financial Conduct Authority, Martin Wheatley, has resigned as chief executive with effect from 12 September.
Investment | 17 Jul 15
UK interest rate rise due in November but it should be August – F&C
The first UK interest rate rise is likely to arrive in November, says F&C’s Steven Bell, but cannot come soon enough.