Regions
Best Practice | 1 Feb 18
‘Out of control’ HMRC over-taxes by half a billion
HM Revenue & Customs has handed back just under half a billion pounds to individual taxpayers since April 2015, which Royal London says shows the organisation is “out of control” when it comes to over-taxing people and then expecting them to claim it back.
EU ready to blacklist UK – report
The European Union is prepared to blacklist the UK if it uses tax competitiveness as leverage after Brexit, according to media reports.
BlackRock launches high yield bond fund
BlackRock has launched a fixed-term high yield bond fund, which primarily invests in US dollar denominated high corporate bonds with five-year maturities.
Middle East | 1 Feb 18
Who needs the new UAE promoter’s licence?
The UAE has introduced more regulations to clarify the rules surrounding the promoter’s licence, but while applications are already in, some areas could still be open to interpretation.
Capita shares plummet 40% amid fears of second Carillion
Shares in Capita dropped sharply on Wednesday after the tormented outsourcing firm announced a rights issue and that it had suspended its dividend.