Regions
Tax avoiders targeted in HMRC recruitment drive
HM Revenue & Customs’ spending on staff to target tax avoiders rose 7% over the past 12 months, increasing headcount at its Counter-Avoidance Directorate (CAD).
Best Practice | 8 Sep 17
No safety net for life policy part surrenders
HM Revenue & Customs will be able to review “disproportionate” tax bills slapped on people who withdraw money from their life policies but “it is crucial that this isn’t seen as a safety net”, warns Old Mutual Wealth tax and financial planning expert Rachael Griffin.
No cold calling ban but Finance Bill rolls out key reforms
The latest UK Finance Bill has not included a ban on pensions cold calling but has reduced the non-domicile threshold and implemented cuts to the money purchase annual and tax-free dividend allowances.
Hansard and Fidelity unveil retail client risk profiling tool
Isle of Man-based savings provider Hansard International has teamed up with global asset manager Fidelity International to launch a tool to help financial advisers identify the risk profile of retail clients.
Franklin Templeton launches smart beta ETFs for Europe
US fund giant Franklin Templeton launched its first range of exchange traded funds (ETFs) for European investors on Friday, chosing four global equity smart beta products to lick off the offering.