United Kingdom
Tax & Regulation | 17 Feb 17
UK tax office warns on two tax avoidance schemes
HM Revenue & Customs has warned of a new disguised remuneration tax avoidance scheme that uses payment via annuities as a means to avoid income tax and national insurance contributions (NICs).
Harlequin boss David Ames charged with fraud
The UK’s Serious Fraud Office (SFO) has charged David Ames, chairman of the failed Caribbean property group Harlequin, with three counts of fraud.
OMW launches UK pension allowance calculator for high earners
Old Mutual Wealth has launched a new pension planning calculator, designed to help UK advisers deal with the recent changes to the annual allowance for contributions.
Best Practice | 16 Feb 17
UK university drops financial planning course
The University of South Wales has been forced to close its Level 4 accredited financial planning course due to a lack of demand.
Tax & Regulation | 16 Feb 17
HMRC collects £140m in CGT crackdown
HM Revenue & Customs collected an additional £140m ($174m, €164m) from investigations into unpaid capital gains tax (CGT) by wealthy individuals and other taxpayers.